11 acres of land acquired by Prestige Group in Hyderabad
Real estate developer Prestige Group has acquired an 11-acre plot in Hyderabad’s Knowledge City. The firm has purchased the land for 1,556.5 crore, eyeing Hyderabad's booming commercial real estate market and the growing demand for prime office spaces.
With this land auction, the Telangana state government also set a record for earnings from the auction by fetching Rs 3,135 crore.
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