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The Hyderabad Metropolitan Development Authority’s e-auctions of prime land parcels in Kokapet saw record bids, with Golden Mile Site-1 fetching Rs 115 crore per acre and Neopolis Layout’s Plot No. 17 receiving Rs 120 crore per acre.
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The Hyderabad Metropolitan Development Authority earned Rs 71.44 crore through the e-auction of a 4,356-sq-yd land parcel at Saroornagar. The plot attracted a highest bid of Rs 1.64 lakh per sq yd against an upset price of Rs 1.50 lakh.
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The HMDA sold 57 residential plots in Mokila and Bachupally through an e‑auction, generating Rs 101.51 crore in revenue. Mokila recorded the highest bid at Rs 87,500 per square yard, while Bachupally saw bids up to Rs 67,500 per square yard.
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TGIIC’s e-auction of Plot No. P1 at Raidurg fetched a record Rs. 264 crore per acre, generating Rs 1,386 crore from 5.25 acres. The bid marked a 50.9 percent premium over the reserve price and underscored the rising demand for prime land in Hyderabad.
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The Ministry of External Affairs has put nearly 300 gifts received by Indian government functionaries from foreign dignitaries up for e-auction. The collection includes luxury watches, jewellery, antiques and souvenirs, with bidding open to resident Indians until June 30
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The Telangana State Industrial Infrastructure Corporation (TGIIC) e-auction at Osman Nagar saw unprecedented bidding, with plots fetching up to 30% above reserve prices. Plot No 1 achieved Rs 51.25 crore, while Plot No 6 secured Rs 44 crore.
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The Hyderabad Metropolitan Development Authority (HMDA) has realised Rs 3,708 crore from three phases of the Neopolis auction series, with the latest phase concluding on Wednesday. Focus now shifts to the Golden Mile auction on December 5, expected to sustain developer enthusiasm.
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Two plots at Kokapet’s Neopolis fetched record bids of Rs 151.25 crore and Rs 147.75 crore per acre during HMDA’s second round of e-auctions. The competitive bidding, which lasted over seven hours, reflects soaring demand in Hyderabad’s land market.
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The Telangana High Court has temporarily suspended a single-judge order that nullified the HMDA’s e-auction of government land in Budvel. While allowing the auction process to continue, the Court barred any final steps, including naming the highest bidder, until further notice.
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HMDA will hold a pre-bid meeting on November 17 at T-Hub, Hyderabad, for the e-auction of nine plots, including six in Kokapet NEOPOLIS, two in Moosapet, and one in Kokapet Golden Mile. Interested participants can register online
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The auctioning of 48.23 acres of land belonging to the historic Sirsilk factory in Kagaznagar has dashed hopes of its revival. Once a thriving silk manufacturing unit established by the Nizam in 1939, the factory faced repeated closures due to financial losses.
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Telangana Rajiv Swagruha Corporation Limited will hold e-auctions for residential plots in Kurmalguda, Thorrur, and Bahadurpally from October 28 to 30. With upset prices ranging from Rs 20,000 to Rs 30,000 per square yard, the auctions offer opportunities across three districts.
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Two months ago, the central government had written to the State to auction 11 limestone blocks in the State in the first phase
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The total revenue received through e-Auction of plots at Shabad layout by the HMDA on Tuesday was Rs 33.06 crore.
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The e-auction of 23 plots in Bachupally, Medchal Malkajgiri district, on Friday witnessed enthusiastic participation of bidders
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The e-auction of 50 plots in Bachupally, Medchal Malkajgiri district, witnessed enthusiastic participation of bidders
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Over a 100 interested persons attended the pre-bid meeting of Ranga Reddy plots, said Hyderabad Metropolitan Development Authority in a press release
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The meeting will be held from February 21 to 23
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Plots are being auctioned by the Hyderabad Metropolitan Development Authority (HMDA) on behalf of the State government
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Mumbai: The e-auction of the media rights for the Indian Premier League (IPL) cycle 2023 to 2027 began on Sunday with reports suggesting that the value of rights for every match of the tournament has crossed the 100-crore mark on combining value for TV as well as digital price, marking it a rare milestone in […]