Archive · 29 Oct 2025
Telangana Targets Rs 200 Crore Per Acre for Raidurg Land Auction
Imagine a special piece of land in a popular business area called Raidurg.
The government company that owns it wants to sell a small part of it.
They sold some land recently for a lot of money, about 177 crore rupees for one acre.
Now, they hope to sell this new small piece for even more, aiming for 200 crore rupees per acre.
This is like setting a new record price for selling land.
They are doing this because many companies want to build offices there.
The government wants to get the best price possible for the land it owns.
They plan to sell more land in the future in small batches.
Telangana State Industrial Infrastructure Corporation (TSIIC) plans to auction a 0.97-acre land parcel in Raidurg on November 10.
The corporation is targeting a record price of Rs 200 crore per acre, surpassing a previous high of Rs 177 crore per acre.
The upset reserve price is set at Rs 3.10 lakh per square yard, with a minimum bid increment of Rs 10,000 per square yard.
This auction follows a successful sale where a 7.67-acre plot fetched Rs 177 crore per acre.
The demand for land in Raidurg highlights Hyderabad's growth as a real estate and IT investment hub.
- Who
- Telangana State Industrial Infrastructure Corporation (TSIIC)
- What
- Auctioning a 0.97-acre land parcel with a target of Rs 200 crore per acre.
- When
- Auction on November 10, with bids due by November 4.
- Where
- Raidurg, Hyderabad
- Why
- To capitalize on strong demand for prime commercial land and maximize returns for the government.
- Auction Date
- November 10
- Bid Submission Deadline
- November 4
- Land Parcel Size
- 0.97 acre (4,718.22 sq. yards)
- Upset Reserve Price
- Rs 3.10 lakh per sq. yard
- Minimum Bid Increment
- Rs 10,000 per sq. yard
- Total Land TSIIC Owned in Raidurg
- 470 acres
- Land Sold to Date
- Approx. 200 acres
- Remaining Land (Excluding Disputed)
- Approx. 220 acres