Hyderabad-based realty firm Aparna Constructions and Estates has announced an investment of over Rs 25.25 billion to develop a premium residential project, 'Aparna Moonstone', within its integrated township, Aparna Deccan Town, located in Gopanpally-Gachibowli.

In a statement released on Saturday, the company said the total investment in the project is estimated at Rs 25.25 billion. The development will comprise 2,088 luxury apartments spread across 22.28 acre.

"Hyderabad continues to grow as a global economic and innovation hub, inspiring a shift towards luxury living," said S S Reddy, Managing Director of Aparna Constructions and Estates. "Our legacy of quality and innovation positions us well to meet the rising expectations of modern homebuyers."

Founded in 1996, Aparna Constructions and Estates is currently valued at Rs 45 billion and has a portfolio of 83 projects across Telangana, Andhra Pradesh, and Karnataka. This includes 72 residential and 11 commercial and retail developments.