Telangana’s confidence gets measured in land
There’s something quietly poetic about land – it never rushes, never boasts, but always remembers. It holds the memory of every footprint, every promise, every vision whispered over it. And in Telangana today, that memory is being rewritten – in numbers, ambition, and sheer confidence.
Raidurg fetches a record Rs. 177 crore per acre
On October 6, 2025, a parcel of land in Hyderabad’s Raidurg, at the heart of Knowledge City, made history by fetching a record-breaking Rs. 177 crore per acre. The Telangana Industrial Infrastructure Corporation (TGIIC) had put up 7.67 acres, and developers came rushing, their bids painting a vivid picture of a city in full bloom. The final hammer fell at Rs. 1,357.59 crore – the highest ever realised in a government-led auction anywhere in the State.
To understand the magnitude of this, you have to trace the journey back. In 2017, land in the same area went for Rs. 42.59 crore per acre. By 2022, Neopolis in Kokapet had set the record at Rs. 100.75 crore. And now, under the Congress government, the curve has taken another astonishing leap – a near 75% jump in just three years. It’s not merely a rise in numbers; it’s also a reflection of the confidence that Hyderabad continues to inspire among investors, developers, and dreamers alike.
K. Shashanka, vice-chairman and managing director of TGIIC, called it a “proud moment for Telangana”, and rightly so. “The record price of Rs. 177 crore per acre reflects the strong confidence that investors and developers have in Hyderabad’s long-term potential and the ‘Telangana Rising 2047’ story,” he said, underlining what this really signals – a government steering growth with intent and precision.
Hyderabad’s real estate finds its new high
And it’s not just Raidurg. Across the city, the hum of growth is unmistakable. In Chintal, once a quiet stretch in Quthbullapur, the Telangana Housing Board witnessed its own record moment – a 513-square-yard HIG plot sold for Rs. 1.14 lakh per square yard, far surpassing the base price of Rs. 80,000. Another plot fetched Rs. 1 lakh per yard, marking a new high for a locality that has slowly transformed from a sleepy suburb into a sought-after residential hub.
The numbers tell their story, obviously one that generates curiosity and confidence – Rs. 44.24 crore generated from just one auction day, 27 bidders vying for 18 plots and four flats, and an average of nearly Rs. 92,000 per square yard. But beneath the arithmetic lies something less tangible – a sense of momentum and optimism that’s spreading from Gachibowli and Kokapet to new frontiers like Chintal and Kompally. Hyderabad’s growth, it seems, is no longer confined to its prime zones; it’s surely spreading outward.
Officials credit this resurgence to a deliberate mix of policy reform and transparency – two strong foundations of the Revanth Reddy-led Congress government’s economic vision.
Industry watchers have noted how the State has created a more level-playing field, encouraging both national and regional developers to compete openly. The Raidurg auction, managed by JLL India and M.S.T.C., was cited as a model of clarity – no whispers, no shadows, just an open contest that let value rise on its own merit.
Market strength helps the city rewrite history
As one JLL spokesperson observed, “Hyderabad’s exceptional market strength and investor sentiment are clear indicators of its evolution into a truly global business hub.” That globalism is no longer an aspiration. It is an unfolding reality. From IT towers gleaming in the morning light to residential enclaves springing up where fields once stretched wide, the city seems to be reinventing its skyline, yet again!
Every boom brings with it a certain restlessness – questions about sustainability, infrastructure, and affordability. Nevertheless, what’s undeniable is the energy of reinvention that runs through Telangana’s real estate sector. It’s an energy firmly grounded in belief – in good governance, stability, and the enduring magnetism of Hyderabad’s soil.
Perhaps, it’s fitting that this story unspools under a new political chapter. For a government finding its rhythm, these record-breaking auctions are not only fiscal milestones but also proof of faith restored. A faith that land, when managed with transparency and vision, can be a testament to a State’s secure future.
Standing at Raidurg, where the skyline now hums with ambition, one can almost feel the city’s pulse – fast, sure, alive. The cranes swing like punctuation marks across a story still being written. The ground beneath may look the same, but its worth has changed beyond measure.
Telangana’s real estate is booming and also declaring, in bold and unmistakable terms, that the State has found its stride again. And for those who have watched Hyderabad grow, pause, and grow again, this moment feels both familiar and brand new – like returning to a place you love, only to find it dreaming bigger than ever before.
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