Aparna Constructions Invests Rs 2,851cr in Hyderabad Township

New Delhi, Nov 11 (PTI) Realty firm Aparna Constructions and Estates Pvt Ltd will invest Rs 2,851 crore in the first phase of its new 123-acre township in Hyderabad.

In a statement on Monday, the company said it will develop a township 'Aparna Deccan Town' located at Gopanpally, Hyderabad.

"This landmark township represents an ambitious foray into the ultra-luxury residential market, supported by a substantial investment of Rs 2,851 crore for the first phase of Aparna Deccan Town," it added.

The township comprises high-rise apartment communities and a gated community of 99 independent premium bungalows.

Aparna Constructions, a division of the Aparna Group, is one of the largest real estate developers and the only backward-integrated developer in South India.

A Rs 3,500 crore company, Aparna Constructions has a current portfolio of 82 projects, of which 71 are residential properties and 11 are commercial and retail spaces across Telangana, Andhra Pradesh and Karnataka.