Overview

• The 7.825-acre residential group housing parcel is in Kukatpally (KPHB) near Hyderabad’s HITEC City.
• Godrej Properties estimates about Rs 3,800 crore in revenue from premium apartments planned on the site.
• The Telangana Housing Board will issue the allotment letter after completing due process.
• Shares gained roughly 1–1.65% in reported NSE and BSE sessions following the announcement.
• Separately, the company disclosed a 7% stake purchase in Godrej Skyline Developers for Rs 9.25 lakh, with closing slated for August 21.