Tag: Medipally

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Medipally Auction by Hyderabad Body Nets ₹120 Crore Amid Demand

HYDERABAD: The recent land auction by the Hyderabad Metropolitan Development Authority in the Medipally layout garnered a strong response, with the sale of 68 plots bringing in almost ₹120 crore on Wednesday. Bidding exceeded the reserve price of ₹45,000 per square yard, reaching as high as ₹80,000 per square yard. The average bid landed at ₹56,260, highlighting the increasing demand for HMDA-developed areas. As part of a phased auction process, further plots in Mokila, Chandanagar, Bairagiguda, Narsingi, and Bowrampet will be sold by June 30. However, the auction faced challenges, including a Telangana High Court order that temporarily halted the…

Latest StoriesResidential

Hyderabad: Medipally HMDA Owners Protest Prohibitory List

HYDERABAD: Plot owners who bought land in a Hyderabad Metropolitan Development Authority (HMDA) layout in Medipally, Medchal-Malkajgiri, are voicing their concerns over their plots being added to a prohibitory list and the authority’s failure to provide promised amenities after three years. As these plot owners express their worries, HMDA is preparing to auction more plots in the same area on June 24. Major issues reported include the inclusion of survey number 62 in the prohibitory list, ongoing legal disputes with land assignees, encroachments affecting the area (including religious structures), and the absence of a proper access road. These concerns remain…