HMDA's post-hiatus land auction saw zero sales across 93 plots in Rangareddy districts. Sky-high upset prices (₹35k-₹1.75L/sq yd) deterred bidders, signaling market strain amid Telangana's revenue targets.
Telangana Housing Board's Phase-7 KPHB Colony auction generates ₹142.78 crore at ₹2.98 lakh/sq yd, crushing slowdown narratives. 84 bidders reflect Hyderabad's real estate resilience and developer demand.
Govt to sell/lease surplus land to ease financial stress, boosting real estate growth in Indian metros.