My Home Constructions on expansion mode
January 22, 2021
Company executes over 13 million sq.ft of projects under development
My Home Constructions is on expansion mode and executing nearly 13 million sq.ft of residential, including one million of commercial space in Hyderabad.
The ₹3,000-crore turnover My Home Constructions, part of the Hyderabad-based My Home Group, which is into construction and cement manufacturing, has thus far executed more than 17 projects and is now looking at significantly scaling up construction activity. The company is planning to take up new projects leveraging its land bank.
“Over nearly 30 years, My Home has completed 17 residential and commercial projects spanning nearly 25 million sq.ft of total built-up area. This includes about 5 million sq.ft of commercial space and 20 million sq.ft of residential. We are now executing projects with a total built up area of about 13 million sq.ft to be completed within the next 2-3 years,” A Srinivasa Rao, Chief Financial Officer, My Home Constructions, told