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Hyderabad: The Telangana Industrial Infrastructure Corporation (TGIIC) has achieved a record-breaking ₹177 crore per acre in its latest auction of 7.67 acres at Raidurg, Hyderabad Knowledge City, setting a new benchmark for land value in Telangana.
This is the highest-ever price per acre realised in any government-led auction in the Telangana state, surpassing the earlier Neopolis, Kokapet benchmark of ₹100.75 crore per acre for 3.60 acres achieved in auctions conducted by HMDA.
The Raidurg auction drew exceptional participation from leading national and regional developers, demonstrating strong investor faith in Hyderabad’s sustained growth, transparency in the auction process, and the strategic value of Raidurg as th