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Hyderabad’s plotted development market saw strong buyer participation during a recent Rajiv Swagruha Corporation auction, where residential plots in Thorrur recorded bids as high as INR 45,500 per sq yard. The auction included 85 plots across Thorrur, Bahadurpally and Kurmalguda and generated nearly INR 83 crore in revenue. Locations near the Outer Ring Road (ORR), Adibatla IT corridor and airport connectivity attracted the highest demand. The auction reflects continued interest in Hyderabad land investment, especially in emerging residential corridors with improving infrastructure and connectivity.
The Rajiv Swagruha Corporation’s latest residential plot auction in Hyderabad received a strong response from buyers, with land prices in Thorrur reaching INR 45,500 per sq yard, one of the highest rates recorded in the locality for government-auctioned residential plots.
The auction included 85 residential plots spread across Thorrur, Bahadurpally and Kurmalguda. Of the total inventory, 66 plots were located in Thorrur, 11 in Kurmalguda and eight in Bahadurpally. Around 150 bidders participated in the auction process, reflecting sustained demand for plotted developments in Hyderabad’s peripheral residential markets.
Thorrur emerged as the most sought-after location during the auction due to its proximity to the Outer Ring Road, Adibatla IT hub and the proposed Future City development region. Plot sizes in the locality ranged from 200 sq yards to 700 sq yards. Officials had fixed the base price at INR 25,000 per sq yard, while the average sale price reportedly stood at around INR 32,500 per sq yard.
Plots in Bahadurpally also witnessed competitive bidding activity. The area, which has seen increasing residential development due to its connectivity to the ORR and northwestern parts of Hyderabad, recorded a highest bid of INR 40,500 per sq yard. Average prices in the locality were reported at around INR 33,800 per sq yard. Plot sizes in Bahadurpally ranged between 200 sq yards and 1,000 sq yards.
Kurmalguda, located near the airport corridor and RCI region, also attracted steady buyer interest. The minimum auction price there was fixed at INR 20,000 per sq yard, while the highest successful bid reached INR 27,500 per sq yard.
The auction is estimated to have generated close to INR 83 crore for the corporation. Officials stated that the bidding process was conducted throughout the day in the presence of multiple departments to ensure transparency in allotment and pricing.
Demand for plotted developments has remained strong across Hyderabad over the past few years, particularly in areas connected to IT corridors, metro expansion routes and the ORR network. Micro-markets such as Thorrur and Adibatla have witnessed steady land price appreciation due to infrastructure growth, improved road connectivity and increasing residential activity.
The latest auction results also indicate that buyers continue to prefer plotted assets in developing corridors as long-term investments, especially in locations where large infrastructure projects and employment hubs are expected to drive future growth.
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