Raidurg Land Parcels Set for E-auction

11 May 2026 CW Team

The Telangana Industrial Infrastructure Corporation (TGIIC) has placed two prime parcels in Raidurg on the block and will conduct e-auctions on May 28 and June one. The plots measure six point two nine acres and five point zero nine acres and are designated for multi-use development, permitting residential, commercial, retail or hospitality projects without reclassification. Their location and multi-use classification are cited as key selling points.

The six point two nine acre parcel in Survey No. 83/1 measures 30,452.61 sq. yd. and will be auctioned on May 28, while the five point zero nine acre parcel measures 24,672.28 sq. yd. and will be sold on June one. The upset price has been fixed at Rs 1,390 mn per acre, up from Rs 1,010 mn set in October 2025. TGIIC has set the pre-bid earnest money deposit at Rs 100 mn, with a pre-bid meeting scheduled at T-Hub, Raidurg, on May 18 and registration and payment deadlines on May 26 and May 29 respectively.

Officials have said the government expects bids to touch Rs 2,000 mn per acre, which would exceed the previous high of Rs 1,770 mn per acre recorded in the October auctions. That round generated Rs 31.55 bn from 18.67 acres, including a seven point six seven acre parcel bought by MSN Realty. A smaller zero point nine seven acre plot auctioned in November 2025 sold at the equivalent of zero point three four mn per sq. yd and contributed Rs 1,600 mn to the total.

Beyond Raidurg, TGIIC has been monetising land in other locations, including the sale on April 23 of 15.81 acres in Osmannagar, Sangareddy district, which raised Rs 7,683.6 mn. Rajapushpa Properties acquired a 10.09 acre parcel for Rs 5,170 mn, while Brigade Enterprises bought 5.72 acres for Rs 2,513.6 mn. The corporation continues to offer plots in the knowledge city and nearby districts as part of its asset realisation programme.

Infrastructure Transport

11 May 2026

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..