Satyam Ramalinga Raju is back in jail to finish the remaining part of his Seven years rigorous punishment in jail. Once the Legend of Indian IT industry may have lost his IT Honcho tag but his business career is far from over. Raju’s family is still involved in property business and have a massive land bank in Hyderabad.
The land bank is primarily spread over Medchal and its surroundings – the area from where the journey of Satyam Homes Pvt Ltd took off close to three decades ago. Ramalinga Raju’s sons – Rama Raju and Teja Raju have floated a healthcare services firm, CallHealth Services Pvt Ltd, in November 2013.
Ramalinga Raju’s close aide KSS Prasad Raju, runs a construction firm named Prapurna Properties Pvt Ltd. Raju’s family continues to enjoy a 20% share in the Hill County Properties Ltd venture – originally floated as Maytas Properties Ltd. The company a venture in 2005 which comprises 840 apartments and 283 bungalows, as per the company’s official website.
