Deals30 Dec 2025, 01:31 pm
Indian Hume Pipe Co. Ltd. Sells Hyderabad Land Asset for INR 173.96 Crores
AI Summary
The Indian Hume Pipe Co. Ltd. (IHP) has completed the sale of its Hyderabad land asset, measuring approximately 18,311.57 Sq. Yds. (approx. equivalent to 15,310.80 Sq. Mtrs.) to ASBL Private Limited (formerly known as Ashoka Builders India Private Limited) for a total consideration of INR 173.96 Crores. The transaction was finalized through a competitive bidding process and completed with ASBL Private Limited, a prominent and growing player in Hyderabad’s real estate market. Jones Lang Lasalle (JLL) acted as transaction advisors and Cyril Amarchand Mangaldas (CAM) acted as legal advisors.
Key Highlights
- IHP sells Hyderabad land asset for INR 173.96 Crores
- Land asset measures approximately 18,311.57 Sq. Yds.
- Sale completed with ASBL Private Limited (formerly known as Ashoka Builders India Private Limited)
- Transaction advisors were Jones Lang Lasalle (JLL)
- Legal advisors were Cyril Amarchand Mangaldas (CAM)