Following a record-breaking Rs 3135 crore from its recent land sale in Raidurg, the Telangana government is quickly moving to auction another prime parcel. This new auction, located in Hyderabad’s Knowledge City Layout, reflects the state’s ongoing efforts to monetize valuable urban land amid escalating investor interest in the city’s western corridor.
The upcoming auction, set to raise Rs 200 crore, will feature approximately 4,718 square yards of multi-use land in Survey No. 83/1 at Raidurg Panmaktha in Serilingampally mandal, Ranga Reddy district. With an upset reserve price of ₹3.10 lakh per square yard, the e-auction is scheduled from 3 PM to 6 PM on November 10, 2025. A pre-bid meeting will occur on October 22 at T-Hub in Raidurg, with registration and EMD submissions closing on November 4.
This land is strategically located in Hyderabad’s Knowledge City micro market, adjacent to major tech giants like Amazon, Microsoft, and Google, and surrounded by high-quality commercial and residential developments. Over the past decade, this corridor has become the hub of Hyderabad’s innovation, IT, and financial sectors, attracting ongoing interest from both local developers and international institutional investors.
JLL is advising on this deal.
The Telangana Industrial Infrastructure Corporation (TGIIC), spearheading the state’s land monetization strategy, announced that the parcel is up for auction on an “as-is-where-is” basis, designated for multi-use development. The auction process will occur through MSTC. Officials indicated that this move aligns with the government’s broader objective to unlock the value of prime urban land while ensuring transparency and maintaining investor confidence.
This announcement comes on the heels of a record-setting land auction at Raidurg last month, where two government-owned parcels together fetched ₹3,135 crore. Reports indicated that a 7.67-acre plot sold for ₹1,358 crore (approximately ₹177 crore per acre), while an 11-acre plot yielded ₹1,556.5 crore, translating to ₹141.5 crore per acre. These transactions have marked some of the highest land values recorded in India, further establishing Hyderabad’s western corridor as one of the country’s most expensive commercial locales.
The success of this auction has set new standards for land valuation, placing Raidurg and adjacent Knowledge City on par with notable commercial areas such as Mumbai’s Bandra-Kurla Complex and Gurugram’s Cyber City. Officials believe the results reaffirm Hyderabad’s rising profile as a favored investment destination, driven by strong infrastructure, stable policies, and relentless demand from multinational firms expanding across India.
Market analysts view the new auction as a reflection of Telangana’s confidence in attracting sustained investor interest.
“Telangana has shown that transparent land auctions can yield global-level valuations,” noted a senior real estate consultant. “The robust response to the recent Raidurg auction highlights Hyderabad’s evolution into a mature, globally competitive property market.”
The government’s monetization efforts are poised to deliver a significant fiscal boost, enabling reinvestment into infrastructure and industrial expansion. Industry experts suggest that such initiatives could further stimulate high-density, mixed-use, and commercial developments along the Knowledge City–Financial District–Gachibowli corridor, strengthening Hyderabad’s standing as one of India’s most vibrant real estate markets.
As the November auction approaches, developers and institutional investors are anticipated to closely monitor bidding patterns. With commercial leasing in Hyderabad reaching unprecedented levels and strong demand from global capability centers, the Knowledge City auction may once again establish new benchmarks for urban land valuation in India’s fastest-growing business corridor.
