Telangana: TGIIC to Auction Osman Nagar Land on April 23
Representative AI image HYDERABAD: The Telangana State Industrial Infrastructure Corporation (TGIIC) is set to auction land in Osman Nagar on April 23. The auction will feature only two parcels of land: a 10-acre site and a 5.72-acre plot, as opposed to the initially planned six parcels. Originally, the auctions were scheduled for March 10, 13, and 16 in Osman Nagar, encompassing 48 acres. However, TGIIC postponed the auction due to various factors, including confusion regarding the utilization of transferable development rights (TDR), assembly budget sessions, and uncertainties in the real estate market. The state government has set the upset price…