Rameshwar Rao: A Common Man Who Established an Empire of Crores with an Investment of Rs 50,000

By Ishwi Singh  |  First Published Feb 19, 2024, 7:10 PM IST

Jupally Rameshwar Rao was born into a farming family in Mahabubnagar district of Andhra Pradesh. His journey was marked by challenges from an early age. After completing his education in Hyderabad, he established a clinic. During the same time, a small investment in a plot of land helped him find his way to success.

The remarkable journey of Jupally Rameshwar Rao, a renowned businessman in the real-estate industry, exemplifies that success never comes easy. It often demands unwavering dedication and relentless effort. Rameshwar Rao is the owner of Maha Cement and My Home Construction company. 

Who is Rameshwar Rao?

Rameshwar Rao was born into a farming family in Mahabubnagar district of Andhra Pradesh. His journey was marked by challenges from an early age. He had to travel on-foot to cover the distance from his home to his school due to the lack of transportation. Undeterred by adversity, he later moved to Hyderabad to pursue his studies.

Venturing into business

Rameshwar Rao completed his studies in Homeopathy in Hyderabad. Then, he ventured into entrepreneurship by establishing a clinic in Dilsukhnagar. Around the same time, he noticed the rapid growth of the real estate sector in Hyderabad and realized the potential in reaping benefits from this growing sector. He invested Rs 50 thousand and bought a plot of land; within three months, the value of his plot tripled. This pivotal moment prompted him to focus entirely to the real estate business. 

The company’s turnover

In the year 1981, Rameshwar Rao founded My Home Construction Company, marking the beginning of his flourishing empire in Hyderabad's real estate sector. Over the years, he has led numerous construction projects, establishing a significant presence in the industry. Subsequently, he ventured into the cement business, launching Maha Cement. Today, Maha Cement boasts an impressive turnover of Rs 3,000 crores.

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