The Mysuru Development Authority recovers 150 acres of encroached land across the city, planning to convert the parcels into residential sites for auction.

The Mysuru Development Authority (MDA) plans to generate approximately ₹1,000 crore by digitally auctioning about 150 acres of developed land parcels across established Mysuru layouts. This capital raise is crucial for funding key infrastructure and new housing schemes.

The Mysuru Development Authority plans to mobilize significant capital, targeting ₹1,000 crore by auctioning approximately 150 acres of developed, vacant land parcels online. This strategic land monetization aims to fund critical infrastructure and new housing developments while securing assets against unauthorized occupation.

A consortium of developers has acquired Plot 15 in Hyderabad's Neopolis layout at a record-breaking ₹151.25 crore per acre during HMDA's Phase 3 auction, marking the second-highest land price ever recorded in Telangana.

Godrej Properties has secured a prime 5-acre plot in Kokapet, Hyderabad through an HMDA auction, planning a 2.5 million sq ft luxury residential project with an estimated revenue potential of ₹4,150 crore.

HMDA's latest Neopolis auction delivers a record-breaking outcome as a 4.03-acre Kokapet land parcel sells for approximately ₹609 crore, establishing new benchmarks for Hyderabad's prime real estate market.

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.

Telangana government announces e-auction for thousands of unsold Rajiv Swagruha flats in Hyderabad. HMDA and TRSCL to conduct transparent online bidding process for affordable housing units.