Hyderabad Sets New Real Estate Benchmark: Government Land Sells for Rs 177 Crore per Acre
Hyderabad's real estate market has seen a new benchmark set as an acre of government land was auctioned for a record Rs 177 crore. This sale at Raidurg surpasses previous records and highlights the city's growing investment potential.
Real EstateAuctionHyderabadTgiicInvestmentReal EstateOct 07, 2025
Officials reported that this is the highest-ever price per acre realized in any government-led auction in Telangana. It surpasses the earlier benchmark set in Neopolis, Kokapet, where 3.60 acres were auctioned for Rs 100.75 crore per acre by the Hyderabad Metropolitan Development Authority (HMDA) in 2023.
The auction drew significant interest from leading national and regional developers, reflecting the strong confidence in Hyderabad’s long-term potential. K Shashanka, VC & Managing Director of TGIIC, expressed his pride in the success of the Raidurg auction. “The record price of Rs 177 crore per acre is a testament to the strong confidence that investors and developers have in Hyderabad’s growth story and the Telangana Rising-2047 vision,” he said.
Shashanka further emphasized that this achievement underscores the State Government’s commitment to creating a transparent, business-friendly, and high-growth ecosystem under the leadership of Chief Minister A Revanth Reddy. “This result at Raidurg further solidifies Hyderabad’s position as one of India’s most attractive and competitive investment destinations,” he added.
The success of the auction is expected to boost the local economy and attract more investments to the region. It also highlights the strategic importance of Raidurg as a key area for development in Hyderabad Knowledge City, a hub designed to foster innovation and economic growth.
The Telangana government has been actively promoting policies and initiatives to attract both domestic and international investments. The transparent and efficient auction process conducted by TGIIC is a positive sign for future developments in the real estate sector.
Hyderabad, known for its robust IT and pharmaceutical sectors, continues to attract significant attention from investors. The city’s infrastructure, skilled workforce, and favorable business environment are key factors contributing to its appeal. The record-breaking land auction at Raidurg is a clear indication of the city’s potential and the confidence of the business community in its future.
In conclusion, the sale of government land at Rs 177 crore per acre in Raidurg not only sets a new record but also highlights the bright future of Hyderabad’s real estate market. It is a promising development that is likely to spur further growth and investment in the region.
Frequently Asked Questions
What is the record price per acre for government land in Hyderabad?
The record price per acre for government land in Hyderabad is Rs 177 crore, set in the Raidurg auction conducted by TGIIC.
Who conducted the auction of the 7.67 acres at Raidurg?
The auction of the 7.67 acres at Raidurg was conducted by the Telangana Industrial Infrastructure Corporation (TGIIC).
What is the significance of the Raidurg auction for Hyderabad's real estate market?
The Raidurg auction is significant as it sets a new benchmark for land value in Telangana and highlights the strong confidence of investors in Hyderabad’s long-term potential.
What is the Telangana Rising-2047 vision?
The Telangana Rising-2047 vision is a strategic plan led by the State Government to create a transparent, business-friendly, and high-growth ecosystem in Telangana.
How does the success of the Raidurg auction benefit the local economy?
The success of the Raidurg auction is expected to boost the local economy by attracting more investments, promoting infrastructure development, and creating job opportunities in the region.
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