Lodha to pay Rs 255cr for 12.9 acre land in Hyd

The Lodha Group, a Mumbai-based real estate developer, has won the bid for a 12.9-acre land auctioned by the Andhra Pradesh Housing Board.

The company quoted Rs 255.42 crore for the land located at Eden Square in Hyderabad - about 3 km from Hitec City.

It  intends to build about three million sq.ft of retail, office and residential space on the site.