Hyderabad: Commercial plot in Gachibowli fetches ₹2.2 lakh per sq yard, goes for ₹33 crore
HYDERABAD: In a sign of a revival of the real estate boom in the city, the Telangana Housing Board sold a commercial plot for Rs 33 crore and another plot for Rs 11 crore in Gachibowli. The board auctioned plots in Gachibowli, Chintal, Nizampet, and other places on Monday, generating a total of Rs 65 crore. According to Telangana Housing Board (THB) commissioner VP Gautam, of the 11 plots auctioned, one commercial land parcel measuring 1,487 square yards in Gachibowli was sold at Rs 2.20 lakh per square yard, thereby fetching Rs 33 crore. The govt had fixed Rs 1.20…