Hyderabad's Real Estate Market Booms: 7.8-Acre Plot in KPHB Colony Sold for Rs 547 Crore
Hyderabad's real estate market witnessed a significant surge as a 7.8-acre plot in KPHB Colony was sold for a record Rs 547 crore. The sale, conducted through a transparent online e-auction, highlights growing investor confidence in the area.
Real EstateAuctionKphb ColonyGodrej PropertiesHyderabadReal EstateAug 21, 2025
Officials said the sale highlights growing investor confidence, especially in areas near Hitech City, where high-rise residential and commercial projects continue to thrive. The Telangana Housing Board conducted a transparent online e-auction, attracting leading real estate firms including Aurobindo Realty, Prestige Estates, and Ashoka Builders.
The auction started with a minimum bid of Rs 40 crore per acre, but intense bidding pushed the price up 46 times over three-and-a-half hours. Housing Board Vice Chairman V.P. Gautham said the revenue will be utilized for housing schemes benefiting poor and middle-class families.
In addition to the KPHB land auction, the government earned Rs 70.11 crore through the sale of three incomplete multi-storey towers under the Rajiv Swagruha Corporation. The flats were allocated via lottery:
- Pocharam Township: Two towers with 194 flats; 72 flats allotted to NTPC Employees Association for Rs 13.78 crore, and 122 flats allotted to Gayatri Education & Cultural Trust for ₹30 crore.
- Gajularamaram: One 112-flat tower allotted to FCI Employees Association for Rs 26.33 crore.
- Flat prices were set at Rs 1,650 per sq. ft. in Pocharam and Rs 1,995 per sq. ft. in Gajularamaram.
Realtors believe Godrej Properties’ entry into KPHB Colony will enhance the area’s real estate profile and attract more high-end developments. Officials expect the project to boost the locality’s prestige and further urban development, strengthening Hyderabad’s position as a major real estate hub.
Frequently Asked Questions
What was the highest bid per acre for the KPHB Colony land auction?
The highest bid per acre for the KPHB Colony land auction was Rs 70 crore, set by Godrej Properties.
Which real estate firms participated in the KPHB Colony land auction?
Leading real estate firms that participated in the KPHB Colony land auction include Aurobindo Realty, Prestige Estates, and Ashoka Builders.
How much revenue will be generated from the sale of the Rajiv Swagruha Towers?
The sale of the three incomplete multi-storey towers under the Rajiv Swagruha Corporation will generate Rs 70.11 crore.
What is the expected impact of Godrej Properties' entry into KPHB Colony?
Godrej Properties' entry into KPHB Colony is expected to enhance the area’s real estate profile and attract more high-end developments, boosting the locality’s prestige and urban development.
What are the flat prices in Pocharam and Gajularamaram?
The flat prices are set at Rs 1,650 per sq. ft. in Pocharam and Rs 1,995 per sq. ft. in Gajularamaram.
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