Hyderabad: The Telangana Industrial Infrastructure Corporation recorded a strong response to its land auction held in Hyderabad on Thursday, April 23, fetching a total of Rs 768.36 crore from the sale of prime land parcels at Osmannagar in Tellapur.
According to a report by Eenadu, two plots with a combined extent of 15.81 acres were auctioned in two sessions, drawing aggressive bidding from leading real estate firms.
Plot details
Plot No. 1, measuring 10.09 acres, was acquired by Rajapushpa Properties for Rs 517 crore, translating to a record Rs 51.25 crore per acre. The price was significantly higher than the base value of Rs 39 crore per acre, marking an increase of around 30 per cent.
Meanwhile, Plot No. 6, spread across 5.72 acres, was bagged by Brigade Enterprises at Rs 44 crore per acre, taking its total value to approximately Rs 251.36 crore.
Overall, the auction averaged about Rs 48.6 crore per acre.
-
Hong Kong pays 20 couples US$7,700 each in baby bonuses for three children
-
Hania spotted at Asim’s NYC concert, rumours reignite
-
How to choose sweet and fresh mango? Take care of these small things
-
Job Seeker Ends Interview After Recruiter Calls His Salary Expectations Cute
-
Life Goes Back To Normal For 4 Zodiac Signs On April 25, 2026, Says An Astrologer
