My Home Group Signed Joint Development Deal in Hyderabad with RMZ Corp

My Home Group Signed Joint Development Deal in Hyderabad with RMZ Corp

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7 year(s) ago

Hyderabad to Get Massive New Office Space Project in Joint Venture. Realty giants RMZ Corp and My Home Group have joined forces to develop a massive commercial office space project in Hyderabad. My Home Group Signed a Joint Development Deal in Hyderabad with RMZ Corp to create an Office Space Project.

Project Highlights:

  • Investment: Over USD 1 billion
  • Total Area: 10 million sq ft
  • Joint Venture: 50:50 partnership between RMZ Corp and My Home Group
  • Project Name: Skyview (first phase)
  • Phase 1 Area: 3.5 million sq ft
  • Location: Hitech City, Hyderabad
  • Target Completion: December 2018 (Phase 1)

Project Significance:

  • This project is touted as the largest office space development in India currently.
  • It marks a strategic collaboration between a leading office space developer (RMZ Corp) and a prominent Hyderabad-based builder (My Home Group).
  • The project is expected to boost Hyderabad’s position as a major IT and business hub.

Additional Information:

  • The first phase of the project, called Skyview, is nearing completion and will be launched by December 2018.
  • Specific details about the remaining phases are yet to be revealed.

This joint venture signifies a significant development in Hyderabad’s real estate market. The large-scale office space project is likely to attract major companies and further solidify the city’s position as a key commercial center.

 

Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, The image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article or want to publish your news or article please email news@jvdeals.in

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