Chennai, Mar 5 (PTI) Real estate developer Casagrand has drawn up plans to strengthen its footprint in Hyderabad with a proposal to develop 2.74 million sq ft of residential projects, two years after setting up its first project in that city, a top official said on Wednesday.

The residential projects comprising villas and apartments are expected to come up in Mankhal, Attapur, Gowdavalli and Kompally in Hyderabad and would comprise of apartments and luxury villas with modern amenities, company Founder and Managing Director Arun Mn said.

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"Hyderabad is one of the fastest emerging markets in South India in the real estate sector. With its well-planned urban framework, world-class infrastructure, and thriving workforce, it continues to be a beacon of growth and opportunity. Casagrand is happy to strengthen its presence by introducing 2.74 million sq ft. Our successful track record indicates our deep understanding of the Chennai, Bengaluru and Coimbatore residential markets," said Arun in a company statement here.

"After launching our first project, Casagrand Hanford in 2023, we spent two years understanding the market (Hyderabad) better. And now, we are launching new projects, which range from apartments to boutique luxury villas, offering unmatched quality, modern amenities," he said.

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Currently, Chennai-headquartered Casagrand has real estate projects in the city, Coimbatore and Bengaluru.

The new projects in Hyderabad are designed to cater to the evolving needs of homebuyers, incorporating modern architecture and sustainable living solutions, he added.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)