RMZ and My Home Group join hands

Bengaluru-based real estate developer RMZ has announced a strategic partnership with Hyderabad’s largest business house, My Home Group, to develop premium commercial office spaces in Hyderabad with an investment of over $1 billion. Spread across 10 million sq ft the office space project will be jointly developed and managed by RMZ and My Home Group.

The first phase of project covering 3.5 million sq ft is already underway at Silicon Valley of Hyderabad with close proximity to HITEC City, the hub of IT-ITeS companies.
This commercial property will be known as The Skyview and is expected to be delivered by December 2018.

Manoj Menda, Corporate Chairman, RMZ said, “We are pleased to enhance our portfolio in Hyderabad through this 50:50 joint venture with My Home Group, as this is a strategic business accelerator and demonstrates the fundamentals of our assets.” Rameswar Rao, Chairman My Home Group, said,  “With increased focus on technology adoption and business expansion in Telangana, Hyderabad with its latest tag of “The best Indian city to live in” opens up greater opportunities in office space development.”