Auro Realty, the real estate arm of the Aurobindo Group, has acquired the iconic Hotel Taj Banjara property in Hyderabad for ₹315 crore, marking a major investment in one of the city’s most premium commercial districts.

The asset, owned by Hotel Banjara Limited, sits on a 16,645 square yards land parcel in the upscale Banjara Hills area.

The site encompasses a built-up area of 1.2 lakh square feet and is situated in Banjara Hills, one of Hyderabad’s most premium commercial and tech corridors. The transaction took place on October 31, 2025, the document showed. The company paid a stamp duty of ₹17.3 crore.

Auro Realty is the real estate development arm of the Aurobindo Group, which also owns Aurobindo Pharma.

According to media reports, the landmark Taj Banjara Hotel was locked by GHMC officials earlier this year over two years of unpaid taxes. The property was reopened after a partial payment, the reports said.

In October 2025, Reuters reported, citing sources, that Auro Realty would raise ₹20 billion through a bond sale to fund a key acquisition. Auro Realty is looking to issue two-year and four-year bonds, with coupons ranging from 11% to 15%, bankers have told Reuters. “It is a promoter-level financing to acquire some of the assets, including Hotel Taj Banjara Hyderabad,” they had said.

Auro Realty has not disclosed plans for the property. A list of queries has been sent to Auro Realty and Hotel Banjara Ltd. The story will be updated if a response is received.

Banjara Hills is one of Hyderabad’s most centrally located neighbourhoods, known for its upscale residential pockets, luxury hotels, corporate offices and premium retail avenues. The area is home to several high-end restaurants, hospitals, and cultural landmarks, making it a preferred address for business leaders, celebrities, and expatriates.

Property values across Hyderabad’s premium neighbourhoods continued to climb in the first few quarters of 2025. Data from Cushman & Wakefield shows that prices in Banjara Hills rose by approximately 8%, averaging ₹12,000– ₹15,000 per square foot.