The board commenced operations at a building in Basheerbagh, which was built with a Regional Mughal Variation-styled architecture, and continued here for over four decades.
[5] The board took up activities such as rehabilitation of slums in Dabeerpura, Sultan Shahi, Mughalpura, Nampally and Gunfoundry, Red Hills, Mallepally and those that were lined along the banks of Musi River.
[5] Besides this, the board enhanced the look of Hyderabad by constructing elaborate gardens, planned housing colonies, potable drinking water supply, underground drainage with separate stormwater drains, wide roads and bus and train services, much before many of the major cities of India.
[1][5] In 2002, the Government of Andhra Pradesh recognized the growth potential of the real estate industry when it realized that there was a supply and demand mismatch of affordable housing.
Bearing this in mind, the board signed up with Malaysia-based IJM Corporation to develop 25 acres (10 ha) of land in Kukatpally with a public-private partnership model at a cost of US$150 million.