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Telangana Aims to Raise ₹3,500 Crore from Osman Nagar Auctions

Representative image HYDERABAD: Following record revenue from land sales in key western sectors, the Telangana government is focusing on the next growth area on Hyderabad’s outskirts, auctioning valuable land parcels in Osman Nagar near Tellapur. After successful auctions in high-end locations such as Raidurg, Kokapet, Gopanpally, Gachibowli, and Budwel, the government is now offering approximately 48 acres of land in Osman Nagar, conveniently situated near the Financial District and Outer Ring Road. Sources indicate that the government has resumed land auctions after a three-month hiatus to raise funds between ₹4,000 crore and ₹5,000 crore for welfare initiatives like Rythu Bharosa…