Sunway Ciity of Malaysia and Opus Developers of Hyderabad are in a joint venture to develop a mega residential township near Hyderabad.
They will build luxury deluxe homes of 1,600-1,800 sft in the range of Rs 50 to Rs 60 lakh targeting the IT and Pharma sector employees.
The total township will have 5 Million sft of developed area involving a cost of Rs 800 crore. They expect to complete the first phase of 1.7 million sft within the next 24 months.
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