Hyderabad real estate: Raidurg plot sold for ₹1,386 crore at record high price of ₹264 crore per acre
The Telangana Industrial Infrastructure Corporation sold a 5.25-acre plot in Hyderabad’s Raidurg for ₹1,386 crore, achieving a record price of ₹264 crore per acre. This sale marked a 50.9% premium over the reserve price of ₹175 crore per acre, reflecting strong demand from developers. The auction's success indicates Hyderabad's growing status as a prime business destination.