Telangana Housing Board makes ₹34 crore from Hyderabad land auction
HYDERABAD: Recent auctions of Telangana Housing Board land parcels have seen impressive prices, reaching ₹1.76 lakh per square yard in Gachibowli and ₹1.64 lakh per square yard in Kukatpally. The total revenue generated from Monday’s land sales stood at ₹34.27 crore. The Board released a notification on February 9 to auction off 14 land parcels in Gachibowli, Bowrampet, Balaji Nagar, Chintal, and other areas across the city. Approximately 50 bidders participated in the auction held at the KPHB community hall on Monday. All plots sold were in the MIG and HIG categories, with the exception of a plot in Bowrampet…