Meenakshi Group Secures ₹200 Crore Boost for Hyderabad Commercial Project
Hyderabad-based Meenakshi Group has secured a significant financial boost for its upcoming commercial development in the city. The group, established in 1992, has a diverse portfolio spanning residential properties, highways, townships, power, and IT parks.
The financing deal, worth ₹200 crore, was facilitated by HDFC Bank Ltd., with legal advice provided by Luthra and Luthra Law Offices India. The legal team was led by Partner Suprio Dasgupta, assisted by Manaswi Sai Kosuri and Enosh P Nithin.
This latest funding supports Meenakshi Group's ambitious commercial project in Hyderabad. The group has previously demonstrated its prowess in commercial development with 'Meenakshi County', a 101-acre residential plot project in Shankarpally, Hyderabad. This earlier venture offered plots ranging from 167 to 267 sq. yards, showcasing the group's ability to cater to varied customer needs.
The recent financing deal signals continued confidence in Meenakshi Group's capabilities and its commitment to driving commercial development in Hyderabad. With this support, the group is well-positioned to deliver another successful project, further cementing its reputation in the city's real estate landscape.
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