The Telangana government has set a new benchmark with a landmark land auction in Hyderabad's Raidurg Knowledge City, achieving a record-breaking rate of ₹177 crore per acre for a 7.67-acre plot valued at ₹1,358 crore.

Mysuru Development Authority's latest land auction generated ₹100 crore from 75 plots, with prices reaching ₹33,000 per square foot, raising serious concerns about housing affordability and market speculation.