Hyderabad continues to solidify its place as one of India’s hottest real estate markets. In a recent auction held by the Telangana Housing Board, land parcels in prime localities like Gachibowli, Kukatpally, and Chintal saw record-breaking bids. A commercial plot in Gachibowli sold for an astonishing ₹33 crore, pushing the price per square yard to ₹2.22 lakh — a new high for the area.
The Housing Board’s auction generated a combined revenue of ₹65.02 crore on June 23 alone, underscoring Hyderabad’s sustained demand for prime real estate and the growing confidence of investors and developers alike.
Record-Breaking Land Sales in Prime Locations
Key Auction Highlights (June 23, 2025):
- Gachibowli:
- 1,487 sq yd commercial plot sold for ₹33 crore
- Rate: ₹2.22 lakh per sq yd
- Contributed ₹56 crore to total auction revenue
- Kukatpally (Earlier on June 11):
- Plot sold for ₹2.98 lakh per sq yd (record rate)
- 18 properties auctioned
- Total revenue: ₹142 crore
- Other Notable Sales (June 23):
- 1,200 sq yd plot: ₹13.4 crore
- Two MIG plots: ₹4.5 crore
Quick Summary Table: Hyderabad Real Estate Auctions (June 2025)
| Location | Plot Size | Sale Price | Rate per Sq Yard | Event Date |
|---|---|---|---|---|
| Gachibowli | 1,487 sq yd | ₹33 crore | ₹2.22 lakh | June 23, 2025 |
| Kukatpally | NA | ₹142 crore (total) | ₹2.98 lakh (record) | June 11, 2025 |
| Chintal & Nizampet | Mixed | ₹9 crore | NA | June 23, 2025 |
| Total Revenue | – | ₹207+ crore | – | June Auctions |
Investor Interest Surging in Hyderabad
According to Telangana Housing Board officials, investor enthusiasm is at an all-time high. The June 23 auction, held at Kukatpally Housing Board (KPHB) community hall, saw participation from 55 bidders.
“These auction outcomes reflect the confidence people have in Hyderabad’s real estate. The city’s infrastructure and IT ecosystem are fueling consistent demand,” said VP Gautham, Vice Chairman and Commissioner, Telangana Housing Board.
A Look Back: Hyderabad’s Real Estate Milestones
This boom isn’t new. In August 2023, the Hyderabad Metropolitan Development Authority (HMDA) auctioned open plots at Neopolis, where a single plot fetched ₹100 crore per acre. That auction raised over ₹3,319 crore — more than double its expected value.
These figures highlight a pattern: land in Hyderabad is not just retaining value; it is appreciating rapidly, making it a hotspot for both domestic and international investors.
FAQs – Hyderabad Real Estate Boom
Q1. What is the current highest price per square yard in Hyderabad?
A: As of June 2025, the highest price recorded is ₹2.98 lakh per square yard in Kukatpally.
Q2. Why is Gachibowli witnessing such high property prices?
A: Gachibowli is a prime commercial and IT hub, close to business parks, financial districts, and top infrastructure, making it highly sought after.
Q3. Who organized the recent property auctions in Hyderabad?
A: The Telangana Housing Board conducted the auctions in June 2025 across various locations including Gachibowli, Chintal, and Kukatpally.
Q4. What percentage of the bid amount must successful bidders pay initially?
A: Bidders must pay 25% of the final amount within two days of winning the bid.
Q5. Is Hyderabad still a good investment destination for real estate in 2025?
A: Absolutely. Continuous infrastructure development, a strong IT sector, and government-backed land sales have positioned Hyderabad as a top investment destination.