Telangana Industrial Infrastructure Corporation (Tgic), which set a new benchmark for the soil value in Telangana, received a record offer of 177 Crore at ACR at its auction of 7.67 acres in Raidurg, Hyderabad Knowledge City. The second plot was also taken for 141.50 GBP Crore for acre, while 11-Acro conspiracy brought Crore £ 1,556.50, which meant one of the most expensive Indian land shops. Government cash registers were more eccentric by 3,135 GBP Crore by selling two land, including registration fee, Kolkoseklus, etc. 177 Crore for acr is the highest price realized at any government auction in a state that broke all historical records. It also overcame the former neoplasm, the Kokapet Benchmark 100.75 Crore on an ACR for 3.60 hectares achieved in the auctions of the HMDA during BRS mode. The first auction was successfully administered by JLL India & MSTC as an auction partner who worked as an exclusive transaction advisor Tgic. The Raidurg auctions have brought the participation of leading national and regional developers and showed the investor’s strong belief in Hyderabad’s lasting growth and the strategic value of raidurg as the heart of Hyderabad’s knowledge city, said the main minister (CMO) reflects the robust support of politics from the Telangana government. “The record price of 177 Crore for acre reflects the strong confidence that investors and developers have in the long-term potential of Hyderabad and the story of Telangan Rising-2047,” said VC and CEO of Tgiice K. Shashanka. “He also confirms the main Minister A. Revantha Reddy and the Minister of Industry D. Sidhar Babu’s efforts to create a transparent, business and highly growing ecosystem that strengthens Hyderabad’s position of one of the most attractive investment destinations in India.” The record price represents an impressive trajectory of the soil value in Hyderabad. In 2017, Raidurg Parcels Crore brought 42.59 crore for an acre in the range of 2.84 acres. In 2022, the auction of Neopolis carried out HMDA up to 100.75 crore per acre for 3.60 hectares. “Achieving 177 crore for ACR in Raidurg, almost 75% greater than 101 Crore per acre, shows the exceptional power of Hyderabad market, robust sentiment investors and city development to a truly global trade patron,” said Jll India, a spokesman for JLL.
Published – October 6, 2025 20:47
