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Hyderabad: The Telangana Industrial Infrastructure Corporation (TGIIC) has achieved a record-breaking Rs 177 crore per acre in its latest auction of 7.67 acres at Raidurg, Hyderabad Knowledge City , setting a new benchmark.

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This was the highest-ever price per acre in the state, according to TGIIC, surpassing the earlier Neopolis, Kokapet benchmark of Rs 100.75 crore per acre for 3.60 acres achieved in auctions conducted by the Hyderabad Metropolitan Development Authority (HMDA).

As per a statement issued by TGIIC on Monday, October 6, the auction was managed by ‘JLL India and MSTC’ as it’s auction partners, which acted as the exclusive transaction advisors.

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“The record price of Rs 177 crore p

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