Hyderabad Land Sale Hits Record Rs 1.6 Billion
Real Estate

Hyderabad Land Sale Hits Record Rs 1.6 Billion

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 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.  

Next Story
Infrastructure Transport

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Next Story
Infrastructure Urban

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Next Story
Infrastructure Urban

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement