In a landmark moment for Telangana’s booming real estate and investment landscape, the Telangana Industrial Infrastructure Corporation (TGIIC) has created history with its mega Raidurg e-auction, where a prime land parcel fetched a record-breaking ₹237 crore per acre.
The auction, conducted for Plot No. 1A & 1/F a premium 6.29-acre multi-use land parcel in Hyderabad’s fast-growing Raidurg corridor witnessed fierce bidding from leading national developers. The final bid value touched nearly ₹1,490.73 crore, making it one of the highest-value land transactions in the region’s history.
According to TGIIC officials, the winning bid represented a remarkable 70.5 percent increase over the reserve price of ₹139 crore per acre, underlining the massive investor confidence in Hyderabad’s commercial and infrastructure growth potential.
The latest auction has also surpassed TGIIC’s previous benchmark set in 2025, when land in the same region fetched ₹177 crore per acre. The new price marks an additional rise of nearly 34 percent, setting a fresh benchmark for land valuation in Hyderabad and further strengthening Telangana’s reputation as a preferred investment destination.
The e-auction was conducted through the MSTC digital platform, ensuring transparency and competitive participation throughout the process. International property consultancy firm JLL acted as the exclusive transaction advisor for the auction.
TGIIC Vice Chairman and Managing Director K. Shashanka, IAS, described the outcome as a defining moment in Telangana’s growth story.
He said the phenomenal response reflected the extraordinary confidence investors and developers have in Hyderabad and Telangana. He added that the historic price discovery for the marquee multi-use land parcel demonstrated the strength of the state’s investment ecosystem and reinforced Hyderabad’s emergence as a leading global destination for investment, infrastructure, and large-scale development.
Shashanka also thanked Chief Minister A. Revanth Reddy and Industries Minister D. Sridhar Babu for their visionary leadership and commitment towards building a transparent and investor-friendly business environment.
TGIIC continues to play a key role in driving industrial and infrastructure-led development across Telangana through strategic land development and transparent allocation mechanisms.