Overview

• The auction on June 11 saw 18 vacant plots in Kukatpally Housing Board Phase VII totaling 6,232 square yards go under the hammer.
• The sale raised ₹142.78 crore, marking the highest revenue achieved in a Telangana Housing Board land auction to date.
• Plot number 22 fetched a record ₹2.98 lakh per square yard, while the other parcels averaged ₹2.38 lakh per square yard.
• Eighty-four bidders participated, underscoring strong demand from investors and prospective homeowners.
• Winning bidders are required to deposit 25% of their bid amount within two days under the auction’s terms and conditions.