The Kakatiya Urban Development Authority (Kuda) is gearing up to auction a prime 2.5-acre (12,900 sq. yd.) land parcel in Balasamudram, located at the heart of Hanamkonda city, on November 3, 2025. The initiative aims to generate up to ₹100 crore to finance crucial infrastructure and urban development projects across the Greater Warangal Tri-City region.
Situated near the Hanamkonda bus stand, the Balasamudram plot is a premium commercial site suitable for shopping complexes, hospitals, corporate offices, and IT establishments. Given the high real estate demand in the area, the market value exceeds ₹1 lakh per sq. yd., while Kuda has set the minimum bid price at ₹65,000 per sq. yd. The auction is expected to fetch between ₹85 crore and ₹100 crore, according to officials.
The public auction will be held at Kuda’s office in Hanamkonda, marking one of the authority’s most significant fundraising initiatives in recent years. The sale follows Kuda’s earlier successful projects like O City (Warangal), MAA City (Madipally), and Uni City (Unikicherla). Additionally, Kuda plans to launch new auction phases for these ventures under upcoming housing and commercial schemes.
Speaking to the media, Kuda Chairman Enagala Venkatram Reddy emphasized that the auction is intended to mobilize internal funds to accelerate pending urban projects. “With the Telangana government’s vision to develop Warangal as the state’s second capital, we are focusing on self-financing models to sustain city growth without depending solely on government grants,” he said.
The funds raised will be directed toward major civic projects, including the Inner Ring Road, Kakatiya Musical Garden, Warangal Bus Terminal, Rampur Oxygen Park, and Devunoor Eco Park.
While some political groups have criticized the move to auction government land, Kuda maintains that the sale is essential to continue Warangal’s rapid infrastructure expansion and maintain project momentum.
