Rs 3500 crore Satellite Township to come up at Tellapur near Hyderabad
Hyderabad, February 2007 - The Hyderabad Urban Development Authority (HUDA) has awarded a Rs.3,500 crore Satellite Township project at Tellapur near Hyderabad to a consortium comprising Nagarjuna Construction, ICICI Venture Funds and Tishman Speyer Properties.
The project is located on a 400 acre site. The consortium bid Rs.4.21 crore per acre.
