The average land price has now surged to Rs 137.36 crore per acre, marking a staggering 87 per cent jump compared to the 2023 auction cycle Sistla Dakshina Murthy | Published on :

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Hyderabad: The Hyderabad Metropolitan Development Authority’s (HMDA) Neopolis land auctions have crossed a landmark Rs 3,708 crore revenue across three phases, with the latest round on December 3 witnessing record bids.

Plot 19 was bagged by Yula Constructions and Globus Infracon at Rs 131 crore per acre, while Plot 20 went to Brigade Enterprises at Rs 118 crore per acre.

The average land price has now surged to Rs 137.36 crore per acre, marking a staggering 87 per cent jump compared to the 2023 auction cycle.

Eight acres fetch nearly ₹1,000 Cr in latest round

In the third phase,

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