Hyderabad Auctions Fetch Big: ₹65.34 Crore for Kukatpally Plot, ₹26 Crore for Bandlaguda Flats

Fast Summary

• Telangana Housing Board raised ₹65.34 crore by auctioning a one-acre commercial plot in Kukatpally Housing Board (KPHB) phase 4,Hyderabad.

– The auction, conducted online, saw participation from 11 bids and four bidders.
– The Institute of Chartered Accountants of india purchased the plot.

• rajiv Swagruha Corporation sold a total of 159 flats in its Bandlaguda-Nagole project on Wednesday, generating ₹26 crore revenue.

– There are a total of 2,746 flats in the project; among them, vacant flats ranging from 1BHK to 3BHK were priced between ₹15 lakh to ₹18 lakh.
– A lottery was held for flat allotment where multiple applicants applied for the same units (131 allotted by lottery).

• Remaining buyers who couldn’t secure flats at Bandlaguda may apply to Rajiv Swagruha’s project at Pocharam before July 31:

– Flats available include: 255 units of 1BHK priced at ₹13 lakh, and 340 units of 2BHK costing up to ₹19 lakh.
– Lottery dates: August 1 and August 2 for Pocharam applications.!80/Telangana%20Housing%20Board.png”>Image

Indian Opinion Analysis
This dual effort by Telangana Housing Board and Rajiv Swagruha Corporation reflects an ongoing push toward maximizing state revenues through strategic real estate auctions alongside affordable housing initiatives aimed at middle-income groups. The generation of nearly ₹91 crore collectively highlights efficient monetization processes and increasing demand for housing within urban areas like Hyderabad.

The affordability model (₹15-₹18 lakhs per unit) demonstrated here aligns with India’s broader socio-economic goal to provide cost-conscious housing solutions while tapping into high demand zones such as Bandlaguda or Kukatpally – both urban growth hubs close to necessary amenities or establishments like ICAI’s purchase decision staking interest sustainability/commercial prospects real-estate trends interplay flexiblyывать potential dynamics