Hyderabad’s real estate market witnessed a historic moment as an acre of government land at Raidurg was sold for a staggering Rs 177 crore per acre in a government auction. This sale shattered the previous benchmark of Rs 100.75 crore per acre set at Neopolis, Kokapet, highlighting the city’s growing appeal as a prime investment destination. The record-setting transaction underscores the increasing demand for premium land in Hyderabad and the confidence of investors in the region’s real estate potential.
The Telangana Industrial Infrastructure Corporation (TGIIC) conducted the auction for 7.67 acres at Raidurg, part of the Hyderabad Knowledge City, and the response from developers was unprecedented. Officials confirmed that this is the highest price per acre ever achieved in any government-led auction in Telangana. The previous high, achieved during the Hyderabad Metropolitan Development Authority (HMDA) auction in 2023, involved 3.60 acres in Neopolis, Kokapet, but the Raidurg auction has significantly raised the state’s real estate valuation benchmark.
Leading national and regional developers actively participated in the Raidurg auction, demonstrating their strong interest in Hyderabad’s growing infrastructure and commercial potential. The high auction price reflects the city’s robust economic environment, investor confidence, and Hyderabad’s status as a key hub for business and innovation in India. Real estate analysts suggest that such landmark transactions will drive further development in the area and set new standards for premium land sales across the state.
K Shashanka, Vice Chairman and Managing Director of TGIIC, described the Raidurg auction as a proud achievement for Telangana. He emphasized that record Rs 177 crore per acre price reflects the strong faith investors and developers have Hyderabad’s long-term growth prospects and the “Telangana Rising-2047” vision. According to him, this milestone reinforces the State Government’s commitment to creating a transparent, business-friendly, and high-growth ecosystem under the leadership of Chief Minister A Revanth Reddy.
The record Raidurg sale further cements Hyderabad’s position as one of India’s most attractive and competitive investment destinations. It highlights the city’s strategic importance for commercial, industrial, and residential development and signals a promising future for real estate in Telangana. Investors and developers are now increasingly considering Hyderabad as a key location for high-value projects, which is expected to drive economic growth and urban development in the coming years.
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