Real estate boom: Land prices skyrocket in Hyderabad; 7.67-acre plot at Raidurg sold for ₹1357.59 Cr

Hyderabad: Telangana Industrial Infrastructure Corporation (TGIIC) has set a new record after 7.67 acres of land at Raidurg, Hyderabad Knowledge City, was sold for ₹1357.59 crore.

In a latest auction, each acre of land was sold for ₹177 crore, surpassing the previous record of ₹100.75 crore per acre at Neopolis, Kokapet.

The Raidurg auction witnessed remarkable participation from leading national and regional developers, reflecting strong investor confidence in Hyderabad’s sustained economic growth, the transparency of the auction process, and Raidurg’s strategic importance as the nucleus of Hyderabad’s Knowledge City. The achievement also highlights the robust policy framework and governance under the Telangana Government.

The auction was conducted by JLL India and MSTC, serving as exclusive transaction advisors to TGIIC. Their efficient management ensured a transparent, competitive, and value-maximizing process for the state.

Speaking on the occasion, K. Shashanka, Vice Chairman & Managing Director, TGIIC, said: “The phenomenal success of the Raidurg auction is a proud moment for Telangana. The record-breaking ₹177 crore per acre reflects the immense confidence investors and developers have in Hyderabad’s long-term potential and the Telangana Rising–2047 vision. It stands as a testament to the leadership of Chief Minister A. Revanth Reddy and the guidance of Hon’ble Minister for Industries & Commerce D. Sridhar Babu, who have fostered a transparent, business-friendly, and high-growth environment. This milestone reinforces Hyderabad’s standing as one of India’s most attractive and competitive investment destinations.”

Telangana’s land value trajectory continues to showcase remarkable growth:

2017: Raidurg plots fetched ₹42.59 crore per acre for 2.84 acres.

2022: Neopolis, Kokapet auctions achieved up to ₹100.75 crore per acre for 3.60 acres.

2025: Raidurg has redefined the benchmark with ₹177 crore per acre—a fourfold rise since 2017.

A spokesperson from JLL India added, “Achieving ₹177 crore per acre at Raidurg—nearly 75% higher than the Neopolis benchmark—underscores Hyderabad’s market strength, investor optimism, and emergence as a global business hub.”

Powered by world-class infrastructure, transparent governance, and a thriving technology and GCC ecosystem, Hyderabad continues to attract leading developers and global enterprises.

The VC & MD of TGIIC expressed gratitude to the Government of Telangana for the opportunity to conduct this landmark auction, appreciating the enthusiastic participation of bidders and their faith in Telangana’s dynamic growth story. He also lauded the dedicated efforts of the TGIIC team, JLL, and MSTC, whose meticulous planning and execution ensured the auction’s resounding success.