Business EconomyPosted at: Jun 3 2026 10:52PM


Hyd: Vamsiram Builders Acquires Raidurgam Land Parcel for ₹1,040 Cr, Plans 20-Lakh-Sq-Ft IT Park

Hyderabad, June 3 (UNI) In one of the biggest commercial land transactions in Hyderabad's real estate market, Vamsiram Builders has acquired a prime 5.09-acre land parcel in Raidurgam for approximately ₹1,040 crore and announced plans to develop a landmark 30-storey mixed-use commercial tower with a built-up area of 20 lakh square feet.
The strategically located Plot P4, situated adjacent to ITC Kohinoor in Hyderabad's prime commercial corridor, was secured through an e-auction conducted by the Telangana Government Infrastructure and Investment Corporation (TGIIC), the Hyderabad based Real Estate company said in a release here on Wednesday.
The winning bid of ₹204 crore per acre represented a premium of 46.76 per cent over the reserve price of ₹139 crore per acre, underlining the strong investor demand for premium commercial assets in Hyderabad's rapidly expanding business districts.
The proposed development will comprise premium IT office space, retail zones and a hotel within a single integrated project.
Designed in a distinctive 'U'-shaped configuration, the tower will feature a landscaped central garden and rise to a height of 145 metres across 30 floors.
Vamsiram Builders Chairman and Managing Director B. Subba Reddy said Raidurgam has emerged as the nerve centre of Hyderabad's new economy and the company intends to create a landmark project that reflects the city's growing global stature.
"We are building a project that is worthy of the location and Hyderabad's global ambitions, setting new benchmarks in commercial design and functionality," he said.
The company plans to engage an international architectural firm for the project and aims to complete construction within four years.
The project comes at a time when Hyderabad's office market continues to witness robust leasing activity, particularly in large-format transactions.
Technology and software companies account for more than 65 per cent of commercial space demand in the city, while vacancy levels in premium Grade-A developments remain among the lowest in the country.
The upcoming integrated development is expected to attract strong interest from global technology companies, institutional investors and hospitality operators looking to establish a presence in one of India's fastest-growing commercial hubs.
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Tags: #Hyd: Vamsiram Builders Acquires Raidurgam Land Parcel for ₹1#040 Cr# Plans 20-Lakh-Sq-Ft IT Park
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