Tag: VP Gautham

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Record Prices for Kukatpally Housing Board Plots and Flats

HYDERABAD: The auction conducted by the Telangana Housing Board for open plots in Kukatpally Housing Board (KPHB) on Friday witnessed an astonishing sale of land, with a square yard fetching a record price of ₹2.65 lakhs, surmounting the set upset price of ₹1.30 lakhs per square yard. A total of four open plots in Phases I and II of Dharma Reddy Colony, along with eight flats in Sampoornam Apartment, Phase-15 of KPHB, were auctioned. While the highest price per square yard reached ₹2.65 lakhs, another plot sold for ₹2.41 lakhs per square yard. In a similar vein, a flat in…

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Telangana Housing Board Sells 1 Acre in KPHB for ₹65 Cr+

Representative image HYDERABAD: The Telangana Housing Board’s recent e-auction of an acre of open commercial land generated over Rs 65.3 crore for the state government. The auction for plot number 1 in Phase 4 of the Kukatpally Housing Board took place on Wednesday and involved 11 bidders. The winning bid came from the Institute of Chartered Accountants of India (ICAI), one of the four online bidders. VP Gautham, vice-chairman of the Telangana Housing Board, noted that the identities of the bidders were kept confidential until the conclusion of the online bidding process. He also reported that the state government raised…