Hyderabad’s real estate landscape is set to witness a significant transformation as Zuari Infraworld India Limited (ZIIL) expands its footprint in the city. The company has officially entered into a Development Management Agreement with Gangothri Developers to launch a premium residential project, “Zuari Gangothri Tribhuja.”
A Mega Investment in Hyderabad’s Booming Realty Market
The ambitious project will be developed in the Kollur micro-market across a vast 9.4-acre land parcel. With an estimated investment exceeding ₹1,500 crore, the project aims to redefine luxury living in the city. The development will feature nine high-rise towers, offering 1,730 spacious 3- and 4-bedroom apartments, catering to the growing demand for premium housing in Hyderabad.
According to the official press release, the project will have a saleable area of approximately 3.8 million square feet and a total development area of 5.3 million square feet. The township will also boast a 100,000 sq. ft. clubhouse and over 50 world-class lifestyle amenities, ensuring a luxurious and modern living experience.
Strategic Location & Connectivity
One of the project’s biggest advantages is its prime location. Situated just two minutes away from Exit 2 of the Outer Ring Road (ORR), the site offers seamless connectivity to key business hubs, including Hitech City, the Financial District, and other prominent commercial zones in Hyderabad. This makes it an attractive choice for professionals and families seeking a balance between work and leisure.
Strong Collaboration Between Industry Leaders
Zuari Infraworld India Limited, a wholly-owned subsidiary of Zuari Industries Limited, will serve as the Development Manager for the project, overseeing planning, marketing, and sales. Meanwhile, Gangothri Group will be responsible for executing the construction and ensuring timely project completion.
Speaking on the venture, Akshay Poddar, Promoter of Zuari Group, expressed his enthusiasm:
“Hyderabad is one of the fastest-growing cities with a bright future, and we are excited to be a part of its transformation. This project will bring world-class living spaces to homebuyers while strengthening our presence in the city.”
Market Impact & Project Timeline
Despite the announcement, shares of Zuari Infraworld India Limited (ZIIL) witnessed a slight dip, trading at ₹233.11, down by ₹10.89 or 4.46% on the NSE at 12:28 PM today. However, industry experts believe the long-term outlook for the project remains positive.
The company has confirmed that sales will commence once RERA approvals are secured. Given the demand for luxury housing in Hyderabad, experts anticipate strong interest from potential buyers and investors alike.
Conclusion
Zuari Infraworld’s entry into Hyderabad’s real estate sector marks a major milestone for the company while adding another prestigious project to the city’s skyline. With its strategic location, premium offerings, and strong collaboration with Gangothri Developers, “Zuari Gangothri Tribhuja” is set to become one of Hyderabad’s most sought-after residential communities.