Hyderabad, Aug 4 (IANS) Creating a new record in the real estate market in Hyderabad, an acre of land was auctioned for a whopping Rs 100.75 crore on Thursday.
Hyderabad plots sold at record ₹100 cr per acre, fetch govt ₹3k crore hindustantimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hindustantimes.com Daily Mail and Mail on Sunday newspapers.
Creating a new record in the real estate market in Hyderabad, an acre of land was auctioned for a whopping Rs 100.75 crore on Thursday.It was a windfall for the Telangana government as the Hyderabad Metropolitan Development Authority (HMDA) .
Hyderabad: Kokapet lands going once, twice.sold!
A single plot in the ‘Golden Mile’ layout was gobbled up for Rs 60.2 crore as against the upset price of Rs 25 crore. Its proud owner is now Rajapushpa Realty LLP.
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| A+A A- By Express News Service
HYDERABAD: The e-auctioning of prime lands in Kokapet on Thursday offered a much-needed fillip to the Telangana government.
A single plot in the ‘Golden Mile’ layout was gobbled up for Rs 60.2 crore as against the upset price of Rs 25 crore. Its proud owner is now Rajapushpa Realty LLP.
Another plot measuring 1.65 acre fetched Rs 99.33 crore for the government. While Plot-2 in the ‘Neopolis’ layout was sold at Rs 42.40 crore as against the upset price of Rs 25 crore per acre, another parcel of land measuring 7.755 acres was bagged by Rajapushpa Properties Private Limited for Rs 328.81 crore.