Hyderabad: Osman Nagar auction set a new benchmark as the Telangana Industrial Infrastructure Corporation (TGIIC) achieved bids of ₹51.25 crore per acre, reflecting strong investor interest in the city’s real estate market.
Plot No.1, measuring about 10.09 acres, recorded the highest bid. Notably, developers competed aggressively, pushing the price over 30% above the reserve price of ₹39 crore per acre.
Another parcel, Plot No.6 measuring around 5.72 acres, also attracted strong demand. Similarly, bidders offered up to ₹44 crore per acre, indicating sustained market interest.
Osman Nagar auction sees strong demand across plots
The Osman Nagar auction recorded a weighted average of ₹48.6 crore per acre. Meanwhile, officials said the response reflected robust price discovery and competitive bidding.
Authorities attributed the demand to the location’s proximity to the Outer Ring Road, Neopolis, Financial District, and major IT hubs. In addition, multi-use zoning increased the appeal for residential and integrated developments.
TGIIC Vice Chairman and Managing Director K Shashanka said the outcome reflects investor confidence in Hyderabad’s growth. Further, he credited the government’s policy framework and transparent processes for the strong response.
He acknowledged the support of Chief Minister A. Revanth Reddy and IT and Industries Minister Duddilla Sridhar Babu. Additionally, he commended the TGIIC team, JLL, and MSTC for conducting the auction process.
Overall, officials said the results highlight growing investor trust and position Telangana as a key destination for large-scale investments.
Osman Nagar Auction Creates Record: TGIIC Achieves Rs. 51.25 Crores Per Acre, Strong Bids Across Plots
In a landmark outcome for Hyderabad’s real estate market, the TGIIC e-auction at Osman Nagar witnessed record-breaking bids and strong participation, reaffirming the area’s… pic.twitter.com/9pRy2cFsxi
— IPRDepartment (@IPRTelangana) April 23, 2026