Archive · 6 Sep 2025
Telangana to Auction Land Parcels in Knowledge City on Oct. 6
Imagine a big company in charge of building things in Hyderabad.
They have land in a popular area called Knowledge City.
They're going to sell two pieces of this land at an auction.
The auction will be held on October 6th.
The land is good for building tall buildings with offices and homes.
The starting price is very high, but experts think the land is worth even more.
The company hopes to make lots of money from the sale.
This is part of a plan to sell valuable land around Hyderabad.
TGIIC is auctioning land parcels in Knowledge City on October 6.
The auction covers 18.67 acres of land, split into two plots.
The land is suitable for high-rise, mixed-use development.
The reserve price is ₹101 crore per acre.
The auction is part of a government effort to sell prime land.
- Who
- Telangana Industrial Infrastructure Corporation (TGIIC)
- What
- Auction of two land parcels in Knowledge City
- When
- October 6 at 3 PM
- Where
- Knowledge City, Raidurg, Hyderabad
- Why
- To monetize prime land parcels and generate revenue
- Auction Date
- October 6
- Location
- Knowledge City, Raidurg
- Total Land Area
- 18.67 acres
- Reserve Price
- ₹101 crore per acre
- Bidding Increments
- ₹50 lakh per acre
- Auctioneer
- MSTC Limited