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Hyderabad: Land prices in Hyderabad’s premium IT and commercial corridors have touched another record high, with a 5.38-acre plot at Raidurg fetching ₹269 crore per acre in an e-auction conducted by the Telangana Industrial Infrastructure Corporation (TGIIC). The record bid has brought ₹1,447.22 crore into the state exchequer from the single plot.
The latest auction has also pushed the combined value realised from two consecutive TGIIC Raidurg land auctions to ₹2,833.22 crore within a week, highlighting strong investor demand for strategically located commercial land in Hyderabad.
The latest auction involved Plot P2 , measuring 5.38 acres, in the Knowledge City layout at Raidurg Panmaktha, Serilingampally. The plot attracted a record bid of ₹269 crore per acre, taking its total auction value to ₹1,447.22 crore.
The winning bid was placed by Vamsiram Builders , which acquired the land parcel in the TGIIC e-auction. The latest price surpassed the previous record achieved in the same location just a week earlier.
The auction price was around 52.3% above the reserve price, underlining the intense competition among investors for prime land in the Raidurg business corridor.
The latest result follows the auction of Plot P1, measuring about 5.25 acres, held on August 21. The property fetched ₹264 crore per acre, generating approximately ₹1,386 crore for the government.
TGIIC has already received 25% of the auction value of Plot P1 as the first-stage payment .
The two auctions together covered 10.63 acres and generated a total of ₹2,833.22 crore , with an average realisation of around ₹266.53 crore per acre.
| Particulars | Details |
|---|---|
| Latest plot | Plot P2 |
| Location | Raidurg, Hyderabad |
| Plot size | 5.38 acres |
| Bid price | ₹269 crore per acre |
| Total auction value | ₹1,447.22 crore |
| Previous Plot P1 price | ₹264 crore per acre |
| Combined land area | 10.63 acres |
| Combined auction value | ₹2,833.22 crore |
| Average realisation | ₹266.53 crore per acre |
| Premium over reserve price | About 52.3% |
Strong Demand for Raidurg IT and Commercial Corridor
The record-breaking Raidurg land auction reflects growing investor confidence in Hyderabad’s long-term real estate and business prospects. The area has emerged as a major commercial destination because of its proximity to key locations such as Knowledge City, Gachibowli and Hyderabad’s IT hubs.
The plots are strategically located within the Raidurg IT and commercial corridor, with road connectivity, multi-use zoning and development potential. The properties are also positioned for immediate construction, with approvals available through the single-window system, according to officials.
The strong price discovery indicates continued demand from developers and investors seeking premium commercial and mixed-use land in Hyderabad.
The auctions were conducted through the MSTC e-Auction platform , with JLL serving as the exclusive transaction adviser. JLL supported the process through market positioning, investor engagement and competitive price discovery.
TGIIC Vice-Chairman and Managing Director K Shashanka said the auction outcome reflects strong investor confidence in Hyderabad and Telangana, as well as the continued attractiveness of Raidurg as a major business and investment destination.
The latest auction strengthens Hyderabad’s position as one of India’s leading real estate, IT and investment destinations , while providing a significant boost to the Telangana government’s strategic land monetisation programme.
The record price achieved in the latest TGIIC auction comes amid rising demand for premium land parcels in Hyderabad’s western IT corridor. Its proximity to Gachibowli, Knowledge City and major technology and business hubs has made Raidurg an increasingly sought-after location for commercial development.
The latest two auctions, both crossing ₹260 crore per acre , demonstrate the depth of investor appetite for strategically located land in the city.
Hyderabad’s real estate market has created another major milestone!
A 5.25-acre land parcel in Raidurgam Pan Maktha , auctioned by TGIIC , fetched a staggering ₹264 crore per acre .
This beats the previous ₹237 crore-per-acre record recorded in the same area.
Location: Raidurgam, Pan Maktha
Land Area: 5.25 acres
Price: ₹264 crore per acre
Previous Record: ₹237 crore per acre
Implied value of 5.25 acres: Around ₹1,386 crore
The record-breaking bid highlights the strong demand for premium land in Hyderabad’s IT corridor, where limited land availability and strong commercial development potential continue to push property values higher.
| TGIIC Auction: ₹1,000+ Crore Bid for 5.09 Acres in Rayadurgam – Hyderabad Land Prices Hit Record High: Details |
Hyderabad’s real estate market continues to make headlines as the Telangana government is preparing to auction another 5 acres of prime land in Raidurg next month. This comes immediately after the recent record-breaking land auction in the same area, where prices surged to an unprecedented ₹237 crore per acre .
The upcoming auction is expected to attract strong interest from major developers and corporate investors, further reinforcing Hyderabad’s position as one of India’s fastest-growing real estate markets.
In a recent high-profile auction conducted by the Telangana State Industrial Infrastructure Corporation (TGIIC), a 6.29-acre land parcel in Raidurg (Knowledge City area) fetched a staggering ₹237 crore per acre. The total transaction generated approximately ₹1,490 crore in revenue for the government.
This deal marked one of the highest land valuations in the country, surpassing previous records in Hyderabad and rivaling top metro cities like Mumbai and Delhi.
Following the success of the previous auction, the government is now planning to release another 5 acres of land in Raidurg or nearby areas .
Raidurg has emerged as one of Hyderabad’s most sought-after real estate zones due to several factors:
The announcement of another auction indicates:
It also signals that land prices in Hyderabad may continue their upward trajectory, especially in key growth corridors like Raidurg, Kokapet, and Neopolis.
While these auctions are primarily targeted at large developers and corporates, they have a broader impact on the market:
Hyderabad: In a landmark achievement for Telangana’s real estate market, the Telangana State Industrial Infrastructure Corporation ( TGIIC ) has set a new benchmark with its latest e-auction in Raidurg. A prime land parcel fetched an unprecedented ₹237 crore per acre , making it the highest land value ever recorded in the region.
The e-auction was conducted for a 6.29-acre land parcel located in Raidurg, one of Hyderabad’s fastest-growing commercial corridors. The total revenue generated from this single transaction stands at approximately ₹1,490 crore , significantly boosting the state government’s coffers.
The winning bidder, Gowra Ventures Pvt Ltd , is expected to develop the site into a modern IT office tower along with mixed-use infrastructure.
The auction witnessed aggressive bidding from leading developers across the country. The final price of ₹237 crore per acre is nearly 70% higher than the base price of ₹139 crore per acre , highlighting the immense demand for premium land in the area.
This sale has surpassed TGIIC’s earlier record set in October 2025 , when land in the same locality was auctioned at ₹177 crore per acre. That deal itself was considered historic at the time, exceeding the upset price by 34%.
With the latest figures, Raidurg has firmly established itself as one of the most expensive and sought-after real estate destinations in India.
Officials attribute the strong investor response to Raidurg’s strategic location. The area lies at the heart of Hyderabad’s IT and financial district, surrounded by global corporate offices and innovation hubs.
Key advantages include:
These factors continue to drive demand for commercial and institutional land parcels in the region.
TGIIC has also announced another upcoming auction for a 5.09-acre land parcel in Raidurg , scheduled for June 1 . Given the recent success, expectations are high for another competitive bidding round.
According to TGIIC officials, the exceptional response reflects strong investor confidence in Telangana’s growth story. The record-breaking price discovery is seen as a major milestone, reinforcing Hyderabad’s position as a global investment hub.
The Raidurg land auction marks a significant moment in India’s urban real estate landscape. With rapidly rising land values and increasing investor interest, Hyderabad continues to emerge as a top destination for large-scale commercial development.
