Hyderabad Land Auctions Soar to New Heights, Boosting Real Estate Confidence
Hyderabad's recent land auctions have set record prices, instilling confidence in the city's real estate market and attracting major developers.
HyderabadReal EstateLand AuctionsTgiicMsn RealtyReal Estate NewsOct 07, 2025
Sources in TGIIC reported that 12 top bidders tried to secure the 7.67-acre plot (No. 15 A/2) in Raidurg, but MSN Realty eventually won the land at 177 crore per acre. The nearest bidder offered about 175.5 crore, sources said. The demand for the plot was higher due to its good dimensions and road width.
After the first auction for the 7.67-acre plot was completed, the second land parcel, about 11 acres (plot no. 19), was taken up. However, only five bidders showed interest. The successful bidder offered 141.5 crore per acre, while the nearest bidder offered 140.5 crore. In both cases, the difference between the successful and nearest bidders was just 1 crore to 1.5 crore.
Officials in TGIIC said that proper planning and efforts paid off. To avoid non-serious players and bidders, the state government stipulated that the bidding should be in 50 lakh multiples. This measure effectively deterred non-serious bidders and small developers. 'The plot and location have an advantage, and the government took every care, including the day and timing of starting the bidding process to the date of auction,' a TGIIC official said.
Some officials recalled that the HMDA recently held auctions for open plots in Bachupally, Nizampet, and other areas on inauspicious days, which led to unsuccessful outcomes. With Monday's successful land auctions, the TGIIC plans to hold more in the next couple of months in the western corridor of the city.
The success of these auctions is a clear indicator of the growing confidence in Hyderabad's real estate market. Developers and builders are now more optimistic about the future, which is expected to drive further investment and development in the region.
Frequently Asked Questions
What is the highest upset price set in the Raidurg Knowledge City land auctions?
The highest upset price set in the Raidurg Knowledge City land auctions was 101 crore per acre.
How much did MSN Realty pay per acre for the 7.67-acre plot?
MSN Realty paid 177 crore per acre for the 7.67-acre plot in Raidurg.
What measures did the state government take to deter non-serious bidders?
The state government stipulated that the bidding should be in 50 lakh multiples to deter non-serious bidders and small developers.
How many bidders were interested in the second land parcel auction?
Only five bidders showed interest in the second land parcel auction, which was about 11 acres.
What are the future plans of TGIIC following the successful auctions?
Following the successful auctions, TGIIC plans to hold more auctions in the next couple of months in the western corridor of the city.
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