Zuari Industries arm partners Gangothri Developers to build housing project in Hyderabad at Rs 1,500 cr

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..... Zuari Industries arm partners Gangothri Developers to build housing project in Hyderabad at Rs 1,500 cr
PTI News
Dated:- 3-3-2025
PTI
New Delhi, Mar 3 (PTI) Zuari Industries arm Zuari Infraworld India Ltd has partnered with Gangothri Developers to develop a housing project in Hyderabad with an investment of more than Rs 1,500 crore. In a regulatory filing on Monday, Zuari Infraworld .....

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..... India said the company has partnered with Gangothri Developers for a premium residential project, Zuari Gangothri Tribhuja, in Kollur micro market. Spanning across 9.4 acres, this upscale development is being executed by Gangothri Group, with Zuari Infraworld serving as a development manager. "With an estimated project cost of more than Rs 1,500 crore, Zuari Gangothri Tribhuja will feature nin .....

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..... e high-rise residential towers." There will be 1,730 apartments in this upcoming project. The project has a saleable area of 3.8 million (38 lakh) sq ft and a total development area of 5.3 million (53 lakh) sq ft. Akshay Poddar, Promoter, Zuari Group, said, "Our group has been a major contributor to the core sector growth of the country. Having started our journey in the Hyderabad region wit .....

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..... h cement, we are now excited to take it forward to the Hyderabad real estate market." "We believe Hyderabad is one of the fastest growing cities with a bright future and we want to be a part of it. Our Group's real estate arm, Zuari Infraworld, has evolved into a key player in the real estate sector, continuously expanding its presence across India and internationally," Poddar said. Alok Baner .....

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..... jee, CEO & Director, Zuari Infraworld India Limited, said: "The entry of Zuari Infraworld in Hyderabad is a milestone in our growth story." Zuari Infraworld India Limited (ZIIL), a wholly-owned subsidiary of Zuari Industries Ltd, has delivered over 3 million sq ft of residential and commercial developments in Dubai, Mysore, Goa, Bengaluru, housing more than 1,500 families. PTI MJH HVA
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..... Press release - PIB .....

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