Rajas Doshi, Chairman & Managing Director, IHP:
“Following 94 years of holding the Hyderabad property on leasehold, we obtained ownership recently this year and successfully concluded its sale within a short timeframe. The transaction, finalized through a competitive bidding process, was completed with ASBL Private Limited (formerly known as Ashoka Builders India Private Limited), a prominent and growing player in Hyderabad’s real estate market.”
Jones Lang Lasalle (JLL) acted as transaction advisors. Cyril Amarchand Mangaldas (CAM) acted as legal advisors.
