Raderge plots in Hyderabad and are sold on 177 crore per acre, Telangana sets land records

A 7.67 -acre plot was auctioned by the state government in Radurg in the IT Corridor of Hyderabad 1,358 crore at the rate of Officials said on Tuesday that 177 crore per acre, and it sets a new record in land value in Telangana.

The auction organized by Telangana Industrial Infrastructure Corporation (TGIIC) was attended by 12 bidders.

Another 11 -acre plot, also in Radarg, in Reked 1,556.5 crore An official release stated that 141.5 crore per acre, “marking one of India’s best land deals”, with five bidder, in the auction, has been said in an official release.

In addition to the auction income, these auctions held on Monday are expected to generate casual revenue in the form of registration fee, stamp duty and others, overall, overall, overall 3,135 crores.

The record-breaking auction underlined the emergence of the radarg as a premium destination in Hyderabad, showing that the sky-high evaluation reflects the trust of investors in large-scale investors in the city’s development story.

The release said that the strategic location of the radarg in the city’s IT Corridor, in collaboration with the seamless connectivity to Hitech City, has been deployed as real estate for Marqui Commercial Development.

The “Historical” auction shows the transparent vision of a revolution Reddy and Industry Minister D Sridhar Babu in the construction of a transparent, investor -friendly Telangana by Chief Minister Reddy and Industry Minister D Sridhar Babu.

The release said Landmark Radurg carried forward Hyderabad’s dominance as Hyderabad’s major investment center.