Archive · 22 Aug 2026
Raidurg Land Auction Sets Record at ₹264 Crore Per Acre
The Telangana government auctioned a large piece of land in Raidurg, Hyderabad.
The plot measured 5.25 acres.
MSN Realty offered the highest amount and won the entire plot.
It paid ₹1,386 crore in total.
That equals ₹264 crore for every acre.
The starting price had been ₹175 crore per acre.
The price was higher than the earlier record of ₹237 crore per acre in May 2026.
Officials said the result showed strong developer interest in Hyderabad and Telangana.
TGIIC auctioned a 5.25-acre multi-use plot in Raidurg for ₹1,386 crore.
MSN Realty, the real estate arm of MSN Group, was the highest bidder.
The final price of ₹264 crore per acre was 50.9% above the ₹175-crore reserve price.
The auction surpassed TGIIC’s previous Raidurg record of ₹237 crore per acre set in May 2026.
The e-auction was conducted on MSTC, with JLL as exclusive transaction advisor.
- Who
- The Telangana Industrial Infrastructure Corporation conducted the auction, and MSN Realty was the highest bidder.
- What
- A 5.25-acre multi-use plot, Plot No. P1 in Survey Number 83/1, was sold for ₹1,386 crore, or ₹264 crore per acre.
- When
- The latest auction took place in August 2026, following a ₹237-crore-per-acre auction in May 2026.
- Where
- Raidurg, Panmaktha, Hyderabad, Telangana.
- Why
- The auction formed part of Telangana’s strategic land monetization and infrastructure-development efforts, while strong demand drove the record price.
- Winning bidder
- MSN Realty, the real estate arm of MSN Group
- Total sale value
- ₹1,386 crore
- Plot size
- 5.25 acres
- Final rate
- ₹264 crore per acre
- Reserve rate
- ₹175 crore per acre
- Premium
- 50.9% above the reserve price
- Previous record
- ₹237 crore per acre in May 2026
- Auction process
- MSTC e-auction, with JLL as exclusive transaction advisor
