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Hydraa Reclaims ₹400 Crore Prime Land in Madhapur

Representative image created by AI HYDERABAD: The Hyderabad Disaster Response and Asset Protection Agency (Hydraa) reclaimed a valuable 16,000 sq yard (approximately 3.3 acres) parcel of land worth Rs 400 crore in the city’s prestigious IT corridor on Thursday, a decade after it was reportedly encroached upon by a businessman. Located near the Hitex arch in Madhapur, this plot had been illegally occupied by a private individual who built a restaurant on it and encroached upon an adjacent road with hoardings, according to officials. During a demolition operation on Thursday, the Hydraa team dismantled part of the eatery as well…