Hyderabad Real Estate Sets New Record: One Acre Auctioned for Rs 177 Crore
Hyderabad has set a new benchmark in the real estate market with an acre of government land auctioned for a record-breaking Rs 177 crore. This achievement highlights the city's growing appeal to investors and developers.
HyderabadReal EstateAuctionTgiicInvestmentReal Estate NewsOct 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.
Frequently Asked Questions
What is the highest price per acre achieved in a government-led auction in Telangana?
The highest price per acre achieved in a government-led auction in Telangana is Rs 177 crore, set during the Raidurg auction.
Who managed the Raidurg auction?
The Raidurg auction was successfully managed by JLL India & MSTC, acting as the exclusive transaction advisor to TGIIC.
What is the significance of the Raidurg auction for Hyderabad?
The Raidurg auction underscores the strong investor faith in Hyderabad’s sustained growth and highlights the city's position as a leading investment destination in India.
What is the Telangana Rising-2047 story?
The Telangana Rising-2047 story is a vision under the leadership of Chief Minister A. Revanth Reddy to create a transparent, business-friendly, and high-growth ecosystem in the state.
How does the Raidurg auction compare to previous benchmarks?
The Raidurg auction price of Rs 177 crore per acre is nearly 75 per cent higher than the previous benchmark of Rs 101 crore per acre set at Neopolis.
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