(7 votes, avg: 4/5)
Loading ...Today’s news in Times of India indicates that Infosys Hyderabad campus may not come up near Shamshabad after all. The land that was initially earmarked for the software giant is now under major court battle and all indications are that the state government has convinced infosys to accept land on warangal highway to let infosys move ahead with building its new campus.
This may be another blow to the realtors who have acquired acres of land as soon as infosys was announced. A realtor named murthy talks about their plight in the times of india story today..
The sole selling point was that the land was in the vicinity of the proposed Infosys campus. “We were expecting the employees of Infosys to be our first customers. Though the company talked about housing within the campus, we thought employees would love owning property near the campus,” property developer V B Murthy lamented when he heard about the change of plan.
Read more about this development on Times of India
0 Responses to “Shamshabad Realestate may take another hit”
Leave a Reply
You must login to post a comment.