Hyderabad Real Estate Hits New High: One Acre Sold for Rs 177 Crore
Hyderabad has set a new record in the real estate market with an acre of government land auctioned for a staggering Rs 177 crore, surpassing the previous benchmark.
HyderabadReal EstateAuctionTgiicLand ValueReal EstateOct 06, 2025
The Telangana Industrial Infrastructure Corporation (TGIIC) set a new record in its latest auction of 7.67 acres at Raidurg, Hyderabad Knowledge City, setting a new benchmark for land value in Telangana.
Officials said that this is the highest-ever price per acre realised in any government-led auction in the state, surpassing the earlier Neopolis, Kokapet benchmark of Rs 100.75 crore per acre for 3.60 acres achieved in auctions conducted by Hyderabad Metropolitan Development Authority (HMDA) in 2023.
The government said the Raidurg auction drew exceptional participation from leading national and regional developers, demonstrating strong investor faith in Hyderabad’s sustained growth, transparency in the auction process. This also underscores the robust policy support from the government.
The auction was successfully managed by JLL India & MSTC as the auction partner, which acted as the exclusive transaction advisor to TGIIC, ensuring a transparent and competitive bidding process that maximised value realisation for the state.
“The overwhelming success of the Raidurg auction is a proud moment for Telangana. The record price of Rs 177 crore per acre reflects the strong confidence that investors and developers have in Hyderabad’s long-term potential and Telangana Rising-2047 story,” said K. Shashanka, VC & Managing Director, TGIIC.
He said it also reaffirms the State Government’s vision under the leadership of Chief Minister A. Revanth Reddy to create a transparent, business-friendly, and high-growth ecosystem. This result at Raidurg further strengthens Hyderabad’s position as one of India’s most attractive and competitive investment destinations, he said.
“Achieving Rs 177 crore per acre at Raidurg — nearly 75 per cent higher than the Rs 101 crore per acre benchmark at Neopolis — demonstrates Hyderabad’s exceptional market strength, robust investor sentiment, and the city’s evolution into a truly global business hub,” said a spokesman from JLL India.
This new record not only highlights the growing economic importance of Hyderabad but also underscores the city’s potential as a leading real estate market in India.
Frequently Asked Questions
What is the new record price per acre for government land in Hyderabad?
The new record price per acre for government land in Hyderabad is Rs 177 crore.
Who managed the auction of the land in Raidurg?
The auction was managed by JLL India & MSTC, acting as the exclusive transaction advisor to TGIIC.
What is the significance of the Raidurg auction for Telangana?
The Raidurg auction is significant as it reflects strong investor confidence in Hyderabad’s long-term potential and the government's vision for a transparent, business-friendly ecosystem.
How does this auction compare to previous records?
This auction surpasses the previous record of Rs 100.75 crore per acre for 3.60 acres achieved in auctions conducted by HMDA in 2023.
What does this achievement mean for Hyderabad's real estate market?
This achievement strengthens Hyderabad’s position as one of India’s most attractive and competitive investment destinations, highlighting the city’s exceptional market strength and robust investor sentiment.
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