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Hyderabad’s commercial real estate market has recorded a new benchmark after a prime land parcel in Raidurg was auctioned at approximately INR 237 crore per acre, the highest land price recorded in the city to date. The auction, conducted by the Telangana Industrial Infrastructure Corporation (TGIIC), attracted strong interest from developers and investors, reflecting growing demand for premium commercial land in Hyderabad’s technology corridor. The transaction has reinforced Raidurg’s position as one of the country’s most sought-after business districts and highlights the continued momentum in the city’s office-led real estate market.
Hyderabad’s commercial real estate sector has achieved a new milestone after a prime land parcel in Raidurg fetched approximately INR 237 crore per acre in an e-auction conducted by the Telangana Industrial Infrastructure Corporation (TGIIC). The transaction is being viewed as the highest land valuation recorded in the city’s history and one of the most significant land deals in India’s office market in recent years.
The record-breaking bid was secured for a 6.29-acre multi-use land parcel located in Raidurg’s Knowledge City precinct, a micro-market that has emerged as the centre of Hyderabad’s technology and commercial development. The auction generated a total transaction value of nearly INR 1,490 crore, significantly exceeding the reserve price of INR 139 crore per acre.
Market reports indicate that the successful bidder intends to develop a large office-led mixed-use project on the site, further strengthening the area’s position as a preferred destination for technology firms, global capability centres and corporate occupiers.
The latest transaction surpassed the previous Hyderabad record established during a TGIIC auction in 2025, when land in the same locality fetched INR 177 crore per acre. The new auction price represents an increase of around 34% over that benchmark and approximately 70% above the reserve price set for the parcel.
Several reports highlighted Raidurg’s strategic significance within Hyderabad’s western growth corridor. Located close to HITEC City, Financial District, Durgam Cheruvu, the Outer Ring Road and major technology campuses, the area has witnessed sustained demand for Grade A office space and premium commercial developments. The presence of institutions such as T-Hub and T-Works has further strengthened its appeal among investors and occupiers.
The auction also reflects the broader transformation of Raidurg into what many industry observers have begun describing as Hyderabad’s central business district. In recent years, the locality has seen rapid vertical development, rising office rentals and increasing institutional investment activity, driven largely by the city’s expanding technology and services sectors.
Government data cited across reports shows that land auctions in the Raidurg-Knowledge City area have generated more than INR 5,000 crore in revenue over the past several months, making it one of Telangana’s most valuable real estate clusters. With additional parcels still slated for auction, market participants expect continued investor interest in the micro-market.
The transaction is being viewed as a reflection of sustained confidence in Hyderabad’s commercial real estate market, particularly in locations linked to the city’s technology ecosystem, infrastructure network and long-term office demand fundamentals.
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