At Hyderabad HITEC City, raheja mindspace was established and is an industrial park which is improved with about 110 acres land provided by APIIC.
There was argument that Raheja group is the cause for dilution of the Andhra Pradesh government stake for the project of Mindspace. The stake had restored after 11 percent from the original memorandum by understanding. Debates have happened in 2011 between the Raheja mindspace and APIIC which restore the states share in the ownership and rental unit from the project. Raheja group were the most leading and famous for real estate. Mindspace hyderabad was the efficient infrastructure evolved with facilities.
Andhra Pradesh Industrial Infrastructure Corporation
Andhra Pradesh Industrial Infrastructure Corporation Ltd which is also know as APIIC is an Andhra Pradesh Government founder for allotting infrastructure by the development of industrial areas. APIIC was founded in 1973 for having and developing potential growth centres in the state which is equipped by improved plots/sheds, roads, drainage, water, power and many other infrastructural facilities. with social infrastructure, such as housing for industrial zone workers, co-ordinating with the agencies which is known for providing communication, transport and other facilities. The Corporation also participating in active projects in the Public-Private Partnership Mode.
Raheja Mindspace project
Raheja Mindspace IT parks were popular which is founded in Hyderabads HITEC city for nearly 110 Acres of land allotted by APIIC. APIIC founder was managing director B.P.Acharya, and principal secretary was K.Ratna Prabha, and Special secretary Gopi Krishna for the state government. Mindspace business parks were establishing self-sufficient ecosystems and united new-age workspaces, elegant residential towers, and multiple entertainment, plush retail destinations and also restaurants and hotels.
Raheja builders were situated in Gurgaon are the top real estate company. Raheja developers established all real estate projects by all over India in Gurgaon. Raheja universal private limited is a developed real estate company and its headquaters were Mumbai, India. Raheja Hospital was located in Mumbai.