Two properties belonging to GVK Group’s Chairman and Founder G.V. Krishna Reddy sold two of his properties located in Hyderabad for a whooping Rs 73.81 crore.

According to documents provided to SquareFeatIndia by Zapkey.com, the deal was signed between Reddy as seller whereas the buyer is Potukuchi Naganandini, a businesswoman based out of Hyderabad.

The deal was signed on January 9, 2023 in Hyderabad. According to documents the property details include, first transaction is that of a plot measuring 1386 sq yards, for Rs 36.38 crore. Whereas the second transaction is of 1426 sq yards, sold for Rs 37.43 crore.

Both the properties are located at Jubilee Hills, Hyderabad, in the state of Telangana.

GVK has run many airports in the country. Even the Mumbai International airport was with them, till Adani took it from them.

Also Read: Exclusive: Biggest realty deal of 2020 inked for Rs 136 Crore

You May Also Like

This Maha Budget announcement set to benefit Real Estate

One of the key announcements made during the Maharashtra budget is likely…

Housing Society Wins Key Victory in Deemed Conveyance Dispute Against Developer

In a major relief for flat owners, Bombay High Court has ordered deemed conveyance for Rashesh CHS in Bhayandar, granting exclusive rights over 2201.56 sq.m. and proportionate share in recreational ground. A significant win against developer delay.

Mumbai Funnel Zone Redevelopment Eases: Building Height Limit Raised to 18 Metres

The Maharashtra government has raised the maximum permissible height for buildings in the Mumbai Airport funnel zone to 18 meters, easing redevelopment for aging societies and tenanted structures. The move aims to balance aviation safety with urban housing needs.

Property Prices Surge Significantly Along Yamuna Expressway

Geetanjali Homestate has released a new report showing substantial increases in property…