Telangana raises ₹2,729 cr through land auction in Hyderabad thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
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.
Another government land auction in Hyderabad yields Rs 729 cr prokerala.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prokerala.com Daily Mail and Mail on Sunday newspapers.
Updated Jul 15, 2021, 6:45 am IST
High Court asked if the government wanted to sell lands on the ground that these lands were prone to encroachments
The court declined to issue stay orders on the e-auction of the land parcels located in Kokapet (44 acres) and Khanamet (14 acres), which are scheduled to be auctioned on Thursday. (PTI)
Hyderabad: The Telangana High Court on Wednesday came down heavily on the state government for creating land banks in prime locations of the city for the purpose of selling them to mobilise funds. It asked if the government wanted to sell lands on the ground that these lands were prone to encroachments.
Land auction in Hyderabad fetches ₹2,000 cr for 50 acres - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.