Hyderabad Sets New Real Estate Benchmark: One Acre of Govt Land Fetches Rs 177 Crore
In a landmark auction, Telangana Industrial Infrastructure Corporation (TGIIC) sets a new record for the highest price per acre in a government-led auction in Telangana, fetching Rs 177 crore for an acre of land in Raidurg, Hyderabad.
Real EstateHyderabadTelanganaAuctionGovernment LandReal Estate NewsOct 07, 2025
The auction, which drew participation from leading national and regional developers, marked the highest-ever price per acre realised in any government-led auction in Telangana. This achievement surpasses the previous record set in 2023 by the Hyderabad Metropolitan Development Authority (HMDA), which saw a price of Rs 100.75 crore per acre for 3.60 acres in Neopolis, Kokapet.
K Shashanka, the Vice Chairman and Managing Director of TGIIC, expressed his satisfaction with the outcome. “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 the Telangana Rising-2047 story,” he said.
The success of the auction is a testament to the state government’s efforts to create a transparent, business-friendly, and high-growth ecosystem. Under the leadership of Chief Minister A Revanth Reddy, Telangana has been working tirelessly to position itself as a leading investment destination in India. “This result at Raidurg further strengthens Hyderabad’s position as one of India’s most attractive and competitive investment destinations,” Shashanka added.
The Hyderabad Knowledge City, where the auction took place, is a key development area in the region, designed to foster innovation and economic growth. The area is expected to attract significant investments in various sectors, including IT, healthcare, and education. The high price per acre achieved in the auction underscores the growing demand for prime real estate in Hyderabad, particularly in strategic locations like Raidurg.
The auction’s success is also a reflection of the confidence investors have in the state’s governance and economic policies. Telangana has been consistently ranked among the top states in India for ease of doing business, and the government’s proactive approach in promoting infrastructure development has played a crucial role in attracting investments.
As the real estate market in Hyderabad continues to grow, the Raidurg auction is likely to set a new standard for future land sales in the region. The high price per acre achieved in this auction is expected to boost the overall value of land in the surrounding areas, making it a lucrative investment opportunity for developers and investors alike.
The Telangana government’s focus on creating a conducive environment for business and investment has been instrumental in driving the growth of the real estate sector. With initiatives like the Hyderabad Knowledge City, the state is poised to attract more investments and further solidify its position as a leading economic hub in the country.
In conclusion, the record-breaking auction of government land in Raidurg is a significant achievement for Telangana and a clear indication of the strong confidence that investors have in the state’s future growth potential. As Hyderabad continues to develop, it is likely to see more such landmark auctions, further enhancing its reputation as one of India’s most attractive investment destinations.
Frequently Asked Questions
What is the highest price per acre achieved in the Raidurg auction?
The highest price per acre achieved in the Raidurg auction was Rs 177 crore.
Who conducted the auction of the 7.67 acres of land at Raidurg?
The auction was conducted by the Telangana Industrial Infrastructure Corporation (TGIIC).
What is the significance of the Hyderabad Knowledge City?
The Hyderabad Knowledge City is a key development area in Telangana, designed to foster innovation and economic growth, attracting significant investments in various sectors.
How does this auction reflect the state government’s efforts?
The auction’s success reflects the state government’s efforts to create a transparent, business-friendly, and high-growth ecosystem, positioning Telangana as a leading investment destination.
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.
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