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HMDA garners ₹101.51 crore from auctions

Key Highlights & Quick Takeaways

  • In the Mokila layout, 32 plots were sold, with the highest bid touching ₹87,500 per square yard.
  • The average auction price stood at ₹63,511 per square yard, generating about ₹66.48 crore in revenue.
  • In the Bachupally layout, 25 plots were sold.

Published – September 02, 2026 11:23 pm IST – HYDERABAD

The e-auction of residential plots in the Mokila and Bachupally layouts developed by the Hyderabad Metropolitan Development Authority (HMDA) fetched approximately ₹101.51 crore with 57 of the 70 plots put up for auction being sold on Wednesday. In the Mokila layout, 32 plots were sold, with the highest bid touching ₹87,500 per square yard. The average auction price stood at ₹63,511 per square yard, generating about ₹66.48 crore in revenue. In the Bachupally layout, 25 plots were sold. The highest bid was ₹67,500 per square yard, while the average auction price was ₹51,991 per square yard. The auction fetched about ₹35.03 crore from the layout. The auction received a strong response from homebuyers and investors, with a large number of bidders from Hyderabad and surrounding areas participating, a note from HMDA said.

Editorial Attribution: Originally reported by India Latest News: Top National Headlines Today & Breaking News | The Hindu. Curated and contextualized by the Chandigarh Daily news desk.