Hyderabad’s HMDA earns ₹3,862 crore from record auctions


HYDERABAD: The land market in Hyderabad continues its upward trend, with the Hyderabad Metropolitan Development Authority (HMDA) completing four auction phases in the Neopolis and Golden Mile layouts, fetching a total of ₹3,862 crore and indicating strong investor confidence in the city’s growth sectors.

In the final phase held on Friday, COEUS Education Management Private Limited acquired a 1.98-acre plot in Golden Mile for ₹77.75 crore per acre—₹7 crore above the starting price of ₹70 crore per acre.

Since November 24, the HMDA has raised ₹3,862.8 crore from these auctions, demonstrating substantial market interest in premium, strategically located land across the metropolitan area, according to officials.

HMDA metropolitan commissioner Sarfaraz Ahmad noted that the active bidding underscores Hyderabad’s appeal as one of India’s top real estate investment hotspots.

Previous rounds witnessed even more vigorous bidding: A 4.03-acre parcel sold for an extraordinary ₹151.25 crore per acre, while another 5.03-acre plot fetched ₹147.75 crore per acre. The top bid in the inaugural Neopolis auction reached ₹137 crore per acre.

  • Published On Dec 6, 2025 at 10:10 AM IST

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