Gachibowli plot sells for ₹33 crore at ₹2.2 lakh/sq yard
HYDERABAD: The real estate market in Hyderabad shows signs of resurgence as the Telangana Housing Board successfully sold a commercial plot for Rs 33 crore and another for Rs 11 crore in Gachibowli. The board held an auction on Monday, offering plots in Gachibowli, Chintal, Nizampet, among others, generating a total revenue of Rs 65 crore. According to Telangana Housing Board (THB) commissioner VP Gautam, one commercial plot spanning 1,487 square yards in Gachibowli was sold at Rs 2.20 lakh per square yard, bringing in Rs 33 crore. The government had initially set an upset price of Rs 1.20 lakh…