Hyderabad land auction confirms record-breaking demand as a Raidurg parcel reaches ₹237 crore per acre, marking a significant milestone for the local sector.

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.

Telangana government announces auction of 18.67 acres in Raidurg Knowledge City with base price of ₹101 crore per acre, expecting final bids between ₹130-150 crore per acre on October 6.