Govt land parcels in Hyderabad sell for over ₹140 crore/acre, set new record
Telangana government has earned ₹3,135 crore by auctioning off two prime land parcels in Hyderabad's Raidurg, setting a new record for government-led land auctions in the state. A 7.67-acre land parcel was auctioned for ₹177 crore/acre, while another 11-acre parcel was sold for ₹141 crore/acre. This made it one of India's costliest land deals, NDTV reported.