ZUARI INDUSTRIES LIMITED — Updates, 03-03-2025: Press Release

Zuari Infraworld India Limited (ZIIL) has entered into a Development Management Agreement with Gangothri Developers for a premium residential project in Hyderabad's Kollur micro market. This venture spans 9.4 acres and has an estimated project cost exceeding ₹1,500 crore. The development will feature nine high-rise towers, offering 1,730 spacious 3 and 4 BHK apartments, along with a grand clubhouse and over 50 lifestyle amenities, aimed at providing a contemporary living experience.

The project covers a total development area of approximately 5.3 million sq. ft., with sales set to launch after receiving RERA approval. This expansion marks Zuari's strategic move into Hyderabad, a city notable for its rapid growth and business opportunities, which may enhance its market presence and growth potential. The project's prime location near key infrastructure, schools, and IT corridors adds to its appeal for potential homeowners and investors.