In a major real estate and hospitality development, Auro Realty, the real estate arm of My Home Group, has acquired Hyderabad’s iconic Hotel Taj Banjara for ₹315 crore. This strategic purchase marks a significant expansion for Auro Realty in the premium hospitality segment and highlights growing investor interest in Hyderabad’s booming commercial and real estate market.
Located in Banjara Hills, one of the city’s most upscale and centrally connected neighborhoods, Taj Banjara has long been regarded as a landmark destination. Known for its lakeside views, premium hospitality, and prime location, the hotel has catered to business travelers, diplomats, and high-profile guests for decades. The acquisition of such a prominent asset underscores Auro Realty’s ambitions to strengthen its presence in the luxury property and hospitality space.
The ₹315 crore deal reflects rising valuations of premium properties in Hyderabad, driven by strong demand, infrastructure expansion, and the city’s reputation as a major IT and business hub. With this acquisition, Auro Realty is expected to reposition or redevelop the property, aligning it with contemporary global standards while preserving its heritage value.
Industry experts believe the move comes at a strategic time, as Hyderabad continues to witness significant growth in tourism, MICE (Meetings, Incentives, Conferences & Exhibitions), and corporate travel. The city’s hospitality sector has shown resilient performance, with occupancy rates rising steadily post-pandemic.
Auro Realty’s portfolio already includes residential, commercial, and mixed-use developments, and this acquisition is likely to enhance the company’s footprint in premium hospitality assets. The company may explore partnership opportunities with global hotel brands or undertake an extensive upgrade to elevate the property’s positioning.
For Hyderabad, the acquisition signals continued investor confidence and adds momentum to the city’s luxury hospitality landscape. With improving infrastructure, new business districts, and upcoming global events, the demand for high-end hotel spaces is expected to grow further.
The future course for Taj Banjara under Auro Realty will be closely watched, as the company is known for transforming and modernizing landmark assets while retaining their cultural significance. This acquisition is poised to unlock new growth opportunities and contribute significantly to the city’s evolving hospitality ecosystem.
