Archive · 12 Nov 2025
TGIIC Land Auction in Raidurg Realizes Record-Breaking Price
Imagine a special piece of land in a busy part of Hyderabad was put up for sale by the government's industrial development group.
This land was about the size of a football field.
When they sold it, they got a super high price, much higher than any land sale before in that area.
The price per small part of the land was so high it broke a record set many years ago.
This shows that people really want to build things in Hyderabad, especially in this growing business area.
Developers are willing to pay a lot of money to get these good spots because they know they can make a lot of money there too.
It's like finding a really rare toy and everyone wanting it, so they pay a lot to get it.
TGIIC successfully auctioned approximately one acre of land in Raidurg, Hyderabad Knowledge City.
The land parcel sold for a record-breaking Rs 3,40,000 per square yard.
This price significantly surpasses the previous auction record of Rs 88,000 per square yard set in 2017.
The auction highlights Hyderabad's attractiveness as an investment destination with high demand for prime real estate.
Developers are investing premium prices to secure inventory in a high-return business corridor for multi-use developments.
- Who
- TGIIC (Telangana State Industrial Infrastructure Corporation), developers, K Shashanka (VC & MD, TGIIC)
- What
- An auction of approximately one acre of land in Raidurg, Hyderabad Knowledge City, which achieved a record price of Rs 3,40,000 per square yard.
- When
- Recently concluded
- Where
- Raidurg, Hyderabad Knowledge City
- Why
- To capitalize on the demand for prime land in a high-growth economic corridor, reinforcing Hyderabad's position as an investment destination.
TGIIC and Government Perspective
Market Dynamics
Significance of Auction Price
TGIIC and Government Perspective
The record-breaking price of Rs 3,40,000 per square yard highlights Hyderabad's status as a prime investment destination and the economic growth of the region.
Market Dynamics
Developers are strategically investing at a premium to acquire prime land for boutique multi-use developments, indicating a demand for high-quality, limited inventory.
- Land Location
- Raidurg, Hyderabad Knowledge City
- Land Area
- Approximately 1 acre
- Auction Price
- Rs 3,40,000 per square yard
- Previous Record Price (2017)
- Rs 88,000 per square yard
- Developer Interest
- High, for boutique multi-use development
- Economic Corridor
- Hyderabad's most elastic and high-return business corridor