Rs 2,000 crore investment planned by Anvita group in Hyderabad
Real estate developer Anvita Group has plans to invest Rs 2,000 crore for a residential project at Kollur near Hyderabad. The project would be spread over 12.9 acres and would be developed in two phases. The first phase, which will come up on 3.5 acres, will have two towers of 15 floors each and will have 450 units in total.
In the second phase, four towers of 36 floors each will come up in 9.25 acres and the firm aims to hand over all 1,400 units of the 2nd phase to customers in 2027. As per update first phase development is expected to cost Rs 380 crore and the outlay for the second phase is over Rs 1,600 crore.
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