Land in Hyderabad bought for a record-breaking price
Hyderabad: In a recent e-auction conducted by the Telangana, an acre of land in Hyderabad was bought for a record-breaking price of INR 29.28 crore. Aurobindo Pharma has purchased a five acres of land for a whopping price in Raidurgam which is located close to the IT hubs like Hitec City and Gachibowli. Alongside, the same company has bought another 3.65 acres of land in the same area at a cost of INR 24.88 crore per acre.
Also, two acres of land in Raidurgam was bought by Naya Infra at a price of Rs 24.20 crore per acre. Saimed Labs purchased a three-acre land parcel at a price of INR 22.02 crore per acre.
According to the officials, this has broken all the past records. Even at the time of real estate boom in 2007-08, the auction of land in Raidurgam had managed to fetch only INR 18 crore to INR 23 crore per acre.
The companies that have bought a land in the recent auction conducted by the Telangana State Industrial Infrastructure Corporation (TSIIC), planned to develop world-class corporate headquarters.
Apart from it, the government also auctioned lands in Kokapet and Manikonda areas for residential purpose. These residential land prices also broke past records. A real estate firm has bought an acre of land in Manikonda for INR 12.63 crore. On the other hand, an acre land in Kokapet bought for INR 6.05 crore.
E. V. Narasimha Reddy, the managing director of Telangana State Industrial Infrastructure Corporation (TSIIC) said that to ensure transparency, the auction was conducted through e-auction cum e-tender process.
Further reading
Further Reading
Article
The Growing Role of Call Center Services in U.S. Property Management for Better Efficiency
The Evolution of the Resident Experience Imagine a property manager named Alex. Alex oversees three hundred apartment units across a bustling metropolitan area. A few years ago, Alexâs day began and ended with a symphony of ringing phones. Between leaky faucets, lost keys, and prospective tenants asking about square footage, the actual work of managing a propertyâstrategy, inspections, and community buildingâwas often buried under a mountain of missed calls and frantic
February 20, 2026
Article
The Unsung Architects: How Pakistanâs Call Centers Are Quietly Driving the US Housing Boom
The American housing market, a dynamic and often bewildering entity, is influenced by a myriad of factors â interest rates, supply and demand, economic stability, and even global events. Yet, beneath the surface of these well-documented drivers, an unexpected force has been quietly at work, contributing significantly to its current boom: the thriving call centers in Pakistan. This might seem like an unlikely connection, but a closer look reveals a sophisticated symbiotic re
July 3, 2025
Article
Escape the Hustle: Discover Peace in Islamabadâs Hidden Farmhouse Havens
The Search for Serenity Life in the city can be overwhelmingâconstant noise, endless traffic, and the relentless rush of daily responsibilities. Sometimes, all one needs is a quiet retreat, a place where time slows down, and nature takes over. Surprisingly, such havens exist just beyond Islamabadâs bustling streets. Tucked away in the Margalla foothills and the surrounding countryside, serene farmhouses in Islamabad offer a perfect escape from urban chaos. A Glimpse into
June 25, 2025
Article
The Shifting Sands of Success: Why Qualified Leads Are Gold in Dubaiâs Real Estate Arena
Dubai's skyline is a testament to ambition, a dazzling display of architectural marvels rising from the desert. Its real estate market, much like its towering structures, is a landscape of unparalleled dynamism and fierce competition. In such an environment, merely having a property to sell, or even a prospective buyer, is no longer enough. The true currency of success lies in something far more refined: the qualified lead. The Illusion of Abundance: Quantity vs. Quality Once
May 21, 2025