Hyderabad Real Estate Soars: 7.67-Acre Plot at Raidurg Auctioned for ₹1357.59 Crore

Hyderabad's real estate market continues to thrive, with a 7.67-acre plot at Raidurg sold for a record-breaking ₹1357.59 crore, reflecting strong investor confidence and the city's strategic importance.

Real EstateHyderabadAuctionLand PricesTgiicReal EstateOct 07, 2025

Hyderabad Real Estate Soars: 7.67-Acre Plot at Raidurg Auctioned for ₹1357.59 Crore
Real Estate:Hyderabad: The Telangana Industrial Infrastructure Corporation (TGIIC) has set a new benchmark in the real estate sector after a 7.67-acre plot at Raidurg, part of Hyderabad Knowledge City, was sold for an astounding ₹1357.59 crore. This translates to a record price of ₹177 crore per acre, surpassing the previous record of ₹100.75 crore per acre set at Neopolis, Kokapet.

The auction, which saw significant participation from leading national and regional developers, underscores the robust investor confidence in Hyderabad's sustained economic growth. The strategic location of Raidurg, at the heart of Hyderabad’s Knowledge City, and the transparent auction process, have played crucial roles in this achievement. The auction also highlights the effective policy framework and governance under the Telangana Government.

JLL India and MSTC, serving as exclusive transaction advisors to TGIIC, managed the auction with efficiency and transparency, ensuring a competitive and value-maximizing process for the state. K. Shashanka, Vice Chairman & Managing Director of TGIIC, expressed his satisfaction with the outcome, stating, “The phenomenal success of the Raidurg auction is a proud moment for Telangana. The record-breaking ₹177 crore per acre reflects the immense confidence investors and developers have in Hyderabad’s long-term potential and the Telangana Rising–2047 vision.”

The auction's success is a testament to the leadership of Chief Minister A. Revanth Reddy and the guidance of Hon’ble Minister for Industries & Commerce D. Sridhar Babu, who have fostered a transparent, business-friendly, and high-growth environment. This milestone reinforces Hyderabad’s standing as one of India’s most attractive and competitive investment destinations.

Telangana’s land value trajectory has shown remarkable growth over the years:

- In 2017, Raidurg plots fetched ₹42.59 crore per acre for 2.84 acres.
- In 2022, Neopolis, Kokapet auctions achieved up to ₹100.75 crore per acre for 3.60 acres.
- In 2025, Raidurg has redefined the benchmark with ₹177 crore per acre, marking a fourfold rise since 2017.

A spokesperson from JLL India added, “Achieving ₹177 crore per acre at Raidurg—nearly 75% higher than the Neopolis benchmark—underscores Hyderabad’s market strength, investor optimism, and emergence as a global business hub.” The city’s world-class infrastructure, transparent governance, and thriving technology and GCC ecosystem continue to attract leading developers and global enterprises.

Shashanka also expressed gratitude to the Government of Telangana for the opportunity to conduct this landmark auction, appreciating the enthusiastic participation of bidders and their faith in Telangana’s dynamic growth story. He lauded the dedicated efforts of the TGIIC team, JLL, and MSTC, whose meticulous planning and execution ensured the auction’s resounding success.

Frequently Asked Questions

What is the record price per acre for the land auction at Raidurg?

The record price per acre for the land auction at Raidurg is ₹177 crore.

Who conducted the auction for the 7.67-acre plot at Raidurg?

The auction was conducted by JLL India and MSTC, serving as exclusive transaction advisors to TGIIC.

What is the significance of Raidurg in Hyderabad’s Knowledge City?

Raidurg is strategically located at the heart of Hyderabad’s Knowledge City, making it a key area for investment and development in the region.

How has the land value in Telangana changed over the years?

Land values in Telangana have shown significant growth, with a fourfold increase from ₹42.59 crore per acre in 2017 to ₹177 crore per acre in 2025.

What factors contributed to the success of the Raidurg auction?

The success of the Raidurg auction is attributed to strong investor confidence, the strategic importance of the location, transparent auction processes, and the effective policy framework and governance under the Telangana Government.

Related News Articles

Real Estate Investment Trusts in India: Recent Regulatory Updates
Real Estate

Real Estate Investment Trusts in India: Recent Regulatory Updates

SEBI introduces new regulations for Small and Medium Real Estate Investment Trusts, revises pricing methodology for privately placed Infrastructure Investment Trusts, and amends SEBI (InvIT) Regulations, 2014.

September 9, 2024
Read Article
Oberoi Realty Gains NCLT Approval for Nirmal Lifestyle Takeover in Mumbai
real estate news

Oberoi Realty Gains NCLT Approval for Nirmal Lifestyle Takeover in Mumbai

Oberoi Realty has received approval from the National Company Law Tribunal (NCLT) to acquire Nirmal Lifestyle, solidifying its position in Mumbai's competitive real estate market. The acquisition includes a 20,262.24 square meters plot adjacent to Oberoi'

October 18, 2024
Read Article
Mid-sized Developers Thrive in India's Reviving Real Estate Market
Real Estate

Mid-sized Developers Thrive in India's Reviving Real Estate Market

The Indian real estate sector is witnessing a significant upturn, and mid-sized developers are seizing the opportunity. These firms are focusing on niche developments and innovative strategies to carve out a strong market presence.

November 14, 2024
Read Article
Bajaj Housing Finance Shares Drop 6% as 12 Million Shares Hit Market After Lock-In Period
real estate news

Bajaj Housing Finance Shares Drop 6% as 12 Million Shares Hit Market After Lock-In Period

Bajaj Housing Finance shares experienced a significant dip of 6% as the three-month lock-in period for anchor investors ended, leading to a surge in shares available on the market.

December 12, 2024
Read Article
Maharashtra RERA Freezes Bank Accounts of Non-Compliant Developers
Real Estate Mumbai

Maharashtra RERA Freezes Bank Accounts of Non-Compliant Developers

Maharashtra Real Estate Regulatory Authority (MahaRERA) takes strict action against non-compliant developers by freezing their bank accounts. This move is aimed at ensuring transparency and accountability in the real estate sector.

January 13, 2025
Read Article
NoBroker’s Ambitious Leap into Conversational AI SaaS with ConvoZen.AI
Real Estate

NoBroker’s Ambitious Leap into Conversational AI SaaS with ConvoZen.AI

India’s first proptech unicorn, NoBroker, has ventured into the highly competitive Conversational AI Cloud market with its new platform, ConvoZen.AI. This strategic move leverages NoBroker’s extensive experience in customer interactions to deliver advance

February 26, 2025
Read Article