📷 Image: Wikimedia Commons / Kavali Chandrakanth KCK
Business
Record Rs 269 crore per acre bid at Raidurg land auction in Hyderabad
✍️ Telangana Today
🗓 29 Aug 2026, 05:24 AM
👁 2
A land parcel in Hyderabad’s Raidurg area fetched a record price of Rs 269 crore per acre at a recent auction.
The Telangana government auctioned a prime commercial plot in the Raidurg suburb of Hyderabad, and the lot attracted a historic price of Rs 269 crore per acre. The bid eclipses previous records for land in the city and underscores the soaring demand for premium real‑estate in the IT corridor.
Industry observers said the figure reflects both the strategic location of Raidurg, which hosts several technology parks, and the confidence of investors in Hyderabad’s growth trajectory. The buyer, whose identity was not disclosed, is expected to develop the site for mixed‑use purposes, although specific plans have not been announced.
The auction result, reported by Telangana Today, is likely to set a new benchmark for future land sales in the region, potentially influencing pricing in adjacent parcels and reinforcing Hyderabad’s status as a fast‑growing urban hub.
Industry observers said the figure reflects both the strategic location of Raidurg, which hosts several technology parks, and the confidence of investors in Hyderabad’s growth trajectory. The buyer, whose identity was not disclosed, is expected to develop the site for mixed‑use purposes, although specific plans have not been announced.
The auction result, reported by Telangana Today, is likely to set a new benchmark for future land sales in the region, potentially influencing pricing in adjacent parcels and reinforcing Hyderabad’s status as a fast‑growing urban hub.