Bhagyanagar Properties Ltd. Company History and Annual Growth Details

The Company was incorporated on 25th April, 2006 under the Companies Act, 1956 with the Registrar of Companies, Hyderabad. The Hon’ble High Court of Judicature at Hyderabad for the State of Telangana and the State of Andhra Pradesh sanctioned the Scheme of Arrangement vide its order dated 21st November, 2016. Pursuant to which the "Real Estate Undertaking" of Bhagyanagar India Limited merged with Bhagyanagar Properties Limited. The shares of the Company were listed on BSE Limited (BSE) and National Stock Exchange of India Limited (NSE) w.e.f. 20th July, 2017.

The Company is into business of real estate development. The Company is fortunate to have most of its land situated at prime IT centers of the city where e-commerce companies thrive most of its business for better support and competitive edge. Moreover, there is a constant rise in the demand of large ware houses and storage units in the areas where the company is having huge properties to give on rent. The Company has already commissioned a pilot project by constructing a warehouse. Presently the Company is having tenants like Big Basket & Amazon etc.