Telangana State to Auction Land to Raise ₹1,000 Crore

The Telangana government is set to auction prime land parcels located in Osmannagar, Ramachandrapuram mandal, Sangareddy district. The Telangana State Industrial Infrastructure Corporation (TGIIC) has scheduled an e-auction for April 23 to facilitate this sale.

Land Parcels and Auction Details

Two multi-use land parcels measuring 10.09 acres and 5.72 acres, both part of Survey No. 30 of Osmannagar, will be available for bidding.

Officials expect to generate nearly ₹1,000 crore by selling approximately 15 acres at an average price of ₹70 crore per acre.

TGIIC has set the reserve price at ₹39 crore per acre and defined a minimum bid increment of ₹25 lakh per acre. A pre-bid meeting is scheduled for April 22 to provide potential investors with necessary details.

Strategic Location and Land Use

The land is classified as multi-use, allowing for commercial, residential, retail, hospitality, healthcare, and entertainment developments without requiring further zoning approvals.

Situated roughly 10 minutes from Neopolis and 15 minutes from the Financial District, these parcels offer strategic advantages that increase their investment appeal.

Context and Past Successes

This auction aligns with ongoing land monetisation efforts in Hyderabad’s rapidly expanding real estate market.

In October 2025, TGIIC achieved a record revenue of ₹3,135 crore from selling 18.67 acres in Raidurg, underscoring Hyderabad’s prominence as a leading center for business and investment.

Key Takeaways

• Telangana government to auction approximately 15 acres in Osmannagar on April 23.
• Reserve price set at ₹39 crore per acre with minimum bid increments of ₹25 lakh per acre.
• Land parcels are multi-use, permitting diverse commercial and residential developments.
• Strategic location near Neopolis and the Financial District enhances investment potential.
• Previous land sales by TGIIC demonstrate strong investor interest and significant revenue generation.