HMDA's Kokapet Neopolis land auctions in 2025 have raked in over ₹3,708 crore across three phases, with average prices jumping 87% to ₹137.36 crore per acre from 2023 levels. The upcoming Golden Mile auction on December 5 promises even higher bids in this hot Rangareddy spot, drawing top developers amid booming demand near Hyderabad's Financial District.
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.
Land prices decline across major Indian cities, with drops between 10-50% due to market slowdown and reduced deal volumes.