Telangana Network Rs 2,000 crore in 50 hectares Hyderabad auction

The brick auction was developed by the Hyderabad Metropolitan Development Authority (HMDA) developed by MSTC Ltd, a central government agency.

HYDERABAD: The Telangana government has received more than two hundred thousand taxes due to the sale of 49949 hectares of Kokanee district of Hyderabad at a high price of 60 crore per acre.

The brick auction was developed by Telangana Hyderabad Metropolitan Development Authority (HMDA) developing by MSTC Ltd, a central government agency.

While HMDA sets an unpredictable price at $ 50 per acre, sales have set a maximum price of $ 60 and $ 60 and $ 1.65 crore. Rajapushpa Realty LLP is a successful client.

The lowest price obtained per hectare at auction was 31.2 crores per acre.

The house was sold in eight packages. Large at 8,946 acres, purchased by Aca Space Manufacturers of 3.6 billion acres.

Manne Satyanarayana Reddy of MSN Laboratories Private Ltd was a successful trader with 325.83 crores earning a spot of 7 721 years (42.2 crores per acre).

Rajapushpa Properties Pvt Ltd acquired 7,755 hectares of land at Rs 328.81 crore per Rs 42.2 per acre.

Water producers bought additional 7,738-acre land for 281.66 crores to 36.4 crores per acre.

Varsity Education Management Private Ltd received subscribers of 7,575 hectares of land and 296 crores (39.2 crores per acre).

The real estate program sold 7,564 hectares of Rs 285.92 ($ 37.7 million per acre).

Secretary-General of Urban Management and Urban Telangana Development Arvin Kumar wrote a statement of support after the business community renewed its confidence in the leadership and Prime Minister K. Chandrasekhar Rao and his leadership. Rama Rao.

Plans go to Nilopolis Kokapet, which is being upgraded by the coalition government as a Greenfield district at $ 225 million.

Arrangements for major improvements and services such as roads, underground canals, water circuits, electric lights, and streetlights were provided with resources and restrictions on the Local Index (FSI).

High towers were spotted in Neopolis Kokapet. The renovation building is planned and connected to the Outer Ring Road as well as the planned construction of the Kokapet Trumpet Interchange and access routes to and from ORR to Nursing.

In the first market held late last month, Arvin Kumar told representatives of real estate and business owners that Neopolis Kokapet would be a global model.

The land can be used to create office spaces, commercial spaces, leisure centers, and housing. There will be no restrictions.

The Telangana State Industrial Infrastructure Corporation (TSIIC) will also sell 15.01 hectares of land in Cana met on Friday. This was expected to bring significant taxes to the federal government.

It is the first group to buy public land for 20,000 more.

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