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Telangana nets ₹3,300 cr via...

The IT hub of Hyderabad continues...

Telangana nets ₹3,300 cr via auction of 45 acres in Hyderabad

The IT hub of Hyderabad continues to attract the attention of real-estate developers. The HMDA (Hyderabad Metropolitan Development Authority) has netted about ₹3,300 crore by auctioning 45 acres of land at Kokapet, whose neighbourhood boasts of some of the top global multinational companies.In one of the plots, the HMDA saw bidders quoting for the highest amount of ₹100 crore an acre. The average bid price was Rs 73 crore.The list of bidders includes MSN Pharmachem Private Limited, Navatris Investments, Rajapushpa Properties, Brigade Enterprises, De Blueoak, and P Mangatram,...

Telangana nets ₹3,300...

The IT hub of Hyderabad continues to attract the attention of real-estate developers. The HMDA (Hyderabad Metropolitan Development Authority) has netted about ₹3,300...