Telangana Government Earns Big from Open-Plot Auctions in Hyderabad
Background: Why the Auctions?
The Telangana state government, under a resource-mobilization strategy led by Deputy Chief Minister Mallu Bhatti Vikramarka, initiated the auction of unoccupied flats and open plots—primarily those under the Rajiv Swagruha and Telangana Housing Board schemes—to shore up public finances and fund housing programs such as the Indiramma scheme. Only officially cleared, litigation‑free properties were listed to ensure transparency and reliability.
June 2025 Highlights: Auction Success in Hyderabad
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18 open plots in Kukatpally HS Colony (Phase 7) fetched ₹142.78 crore in total.
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Plot #22 alone sold at a record ₹2.98 lakh per sq yard.
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Average price across plots: ₹2.38 lakh per sq yard.
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The Housing Board collected an immediate ₹35.34 crore (25% upfront)
11 plots across Gachibowli, Nizampet & Quthbullapur generated ₹62.02 crore:
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Commercial plot in Gachibowli (1,487 sq ft) fetched ₹33 crore.
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Other MIG plots saw rates up to ₹1.32 lakh per sq ft .
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Commercial land in KPHB Phase 4 (1 acre) sold for over ₹65.3 crore—with buyers including the Institute of Chartered Accountants of India .
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Additionally, 131 of the 159 Rajiv Swagruha flats in Bandlaguda were allotted via lottery, bringing in ₹26 crore.
Summary Table: Key Auction Metrics.
Site & Segment | Total Revenue | Highlights |
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Kukatpally (Phase 7 plots) |
₹142.78 crore |
₹2.98 lakh/sq yd record price |
Gachibowli, Nizampet, Quthbullapur plots |
₹62.02 crore |
Commercial and MIG plot sales |
KPHB Phase 4 land + flats (Bandlaguda) |
Acre-sized parcel + flats via lottery |
Why It Matters: Broader Implications
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Surging Real Estate Value
Auctions reflect booming demand in Hyderabad’s western corridors—particularly in KPHB, Gachibowli, Kukatpally, and Bandlaguda. -
Government’s Financial Strategy
These asset monetisations support infrastructure and housing schemes and ease fiscal constraints. Telangana is targeting around ₹3,000 crore in land and property auctions across the state this year. Investor & Buyer Opportunities
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Open Plots: Higher long-term appreciation, flexibility, but often require self-financing.
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Flats: Easier financing, potentially quicker returns via rentals, though resale value may lag
How Buyers Can Participate
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Keep an eye on official auction notifications—the next phase begins around June 2025, with properties across Bandlaguda, Pocharam, Bahadurpally, and Thorrur.
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Verify legal clearance—only dispute-free plots are permitted.
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Have financing arranged ahead of time: 25% of bid amount must be paid within 48 hours.
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Evaluate resale potential vs. rental yield depending on location and property type.
Final Takeaway
The Telangana government’s strategic auction of Rajiv Swagruha flats and Housing Board open plots in Hyderabad has successfully unlocked substantial revenue—over ₹200–230 crore in recent rounds alone. This not only meets pressing funding needs but also opens up real estate investment options for homebuyers and developers alike.
With further auctions planned statewide, including premium land parcels and urban layouts, this campaign is poised to shape Hyderabad’s real estate landscape while supporting the state’s fiscal and social housing goals.
