Hyderabad Land Sale Hits Record Rs 1.6 Billion

14 Nov 2025 CW Team

Hyderabad-based Vamsiram Builders acquired the 0.97-acre plot for Rs 1.72 billion including stamp duty and registration charges. The land parcel will be developed into a premium mixed-use project.

The sale is part of Telangana’s continued effort to monetise high-value government land in the city’s western growth corridor. The auction was conducted by the Telangana Industrial Infrastructure Corporation (TGIIC).

Premium demand drives prices higher

Hyderabad has witnessed a series of big-ticket land deals in recent weeks. In October, Bengaluru’s Prestige Group purchased an 11-acre plot via a TGIIC auction for Rs 15.56 billion, while MSN Labs bought 7.76 acres in Raidurg at Rs 17.77 billion per acre.

Monday’s auction was conducted on a per-square-yard model, achieving a record Rs 3.40 lakh per square yard (Rs 3.4 million per 100 sq yards). By comparison, a similar auction in 2017 fetched Rs 88,000 per square yard, reflecting a four-fold rise in prime land values over eight years. One acre equals 4,840 square yards.

K. Shashanka, vice-chairman and managing director of TGIIC, said the sustained high performance of premium land auctions demonstrates the depth and maturity of Hyderabad’s economic growth. Developers, he noted, are willing to pay a premium to secure prime assets in the city’s most lucrative business corridor.

Sandip Patnaik, senior managing director for Hyderabad at JLL India, added that the auction’s outcome validates strong investor appetite for premium, smaller-format plots suited for boutique commercial developments. The price realisation, he said, reinforces Hyderabad’s position as a top-tier investment destination and an emerging global business hub.

The Telangana government has sold less than an acre of land in Raidurg, within Hyderabad’s Knowledge City precinct, for Rs 1.60 billion, marking a new peak in land prices in the state and reinforcing the city’s standing at the centre of India’s commercial real estate surge.Hyderabad-based Vamsiram Builders acquired the 0.97-acre plot for Rs 1.72 billion including stamp duty and registration charges. The land parcel will be developed into a premium mixed-use project.The sale is part of Telangana’s continued effort to monetise high-value government land in the city’s western growth corridor. The auction was conducted by the Telangana Industrial Infrastructure Corporation (TGIIC).Premium demand drives prices higherHyderabad has witnessed a series of big-ticket land deals in recent weeks. In October, Bengaluru’s Prestige Group purchased an 11-acre plot via a TGIIC auction for Rs 15.56 billion, while MSN Labs bought 7.76 acres in Raidurg at Rs 17.77 billion per acre.Monday’s auction was conducted on a per-square-yard model, achieving a record Rs 3.40 lakh per square yard (Rs 3.4 million per 100 sq yards). By comparison, a similar auction in 2017 fetched Rs 88,000 per square yard, reflecting a four-fold rise in prime land values over eight years. One acre equals 4,840 square yards.K. Shashanka, vice-chairman and managing director of TGIIC, said the sustained high performance of premium land auctions demonstrates the depth and maturity of Hyderabad’s economic growth. Developers, he noted, are willing to pay a premium to secure prime assets in the city’s most lucrative business corridor.Sandip Patnaik, senior managing director for Hyderabad at JLL India, added that the auction’s outcome validates strong investor appetite for premium, smaller-format plots suited for boutique commercial developments. The price realisation, he said, reinforces Hyderabad’s position as a top-tier investment destination and an emerging global business hub.

Infrastructure Transport

05 Feb 2026

MMRDA Installs 325-Tonne Steel Spans on Mumbai Metro Line 4

The Mumbai Metropolitan Region Development Authority (MMRDA) has achieved a key construction milestone on Metro Line 4 with the successful installation of three large steel spans at Bhandup West during overnight operations.The spans, together weighing 325 metric tonnes, were launched using eight heavy-duty cranes and 12 multi-axle vehicles. The operation required precise engineering and meticulous planning to minimise disruption in the densely populated suburban area.Due to effective inter-agency coordination, the work—originally scheduled across four nights—was completed within just two n..

Infrastructure Transport

05 Feb 2026

CMRL Targets March 2027 Opening for Vadapalani–Panagal Park

Chennai Metro Rail Limited (CMRL) is progressing as scheduled to open the Vadapalani–Panagal Park section of Phase II’s Corridor 4 by March 2027. The 3.5 km underground stretch is part of the 26.1 km Corridor 4 connecting Lighthouse with Poonamallee Bypass.Construction activities are advancing steadily, with tunnelling works between Vadapalani and Panagal Park already completed. Track-laying operations are expected to commence shortly. At Panagal Park station, structural works have reached the concourse and platform levels, while excavation continues at the lowest level.CMRL is also consid..

Infrastructure Transport

05 Feb 2026

Maha-Metro Invites Pune Metro Civil Maintenance Bids

Maharashtra Metro Rail Corporation Limited (Maha-Metro) has invited bids for the annual civil maintenance contract of the Pune Metro Rail Project. The tender, bearing ID and number P1-O&M-20/2025, is scheduled to close on 23 February 2026, with a pre-bid meeting slated for 10 February 2026. The earnest money deposit (EMD) for the contract is Rs 3,50,500, and the duration of the contract is one year.The scope of work includes annual civil maintenance of 28 elevated and underground stations, 28.079 km of elevated viaduct including steel bridges, 12.15 km of tunnels, and two depots under the ..