
Hyderabad’s real estate market has recorded a major milestone, with land prices in Osman Nagar near Tellapur touching an impressive ₹51.25 crore per acre in a recent government-led auction. This development marks one of the highest land valuations seen in the city’s emerging micro-markets and signals growing investor confidence in Hyderabad’s long-term growth story.
The auction was conducted by the Telangana Industrial Infrastructure Corporation and involved the sale of two strategically located land parcels. Together, the transaction generated around ₹768 crore, underlining the strong demand for premium land assets in well-connected urban corridors.
The highest bid came for a 10.09-acre parcel, which was acquired at ₹51.25 crore per acre, nearly 30 percent higher than the base price. Another parcel measuring 5.72 acres was sold at ₹44 crore per acre. The auction achieved a weighted average price of approximately ₹48.6 crore per acre, reflecting healthy competition among leading developers and clear price discovery.
Prominent real estate players, including Rajapushpa and Brigade Group, emerged as key buyers in the auction. Rajapushpa acquired the larger parcel, which is expected to be integrated with its existing township development in the region. The company plans to develop a mixed-use project, combining a premium retail mall with a gated residential community, further strengthening its footprint in the area.
Osman Nagar’s growing appeal is largely driven by its strategic location. The area enjoys proximity to the Outer Ring Road, Financial District, Neopolis and major IT corridors, making it an attractive destination for both residential and commercial developments. Flexible zoning regulations allowing mixed-use projects have also played a crucial role in boosting developer participation.
Industry experts believe that this auction outcome reflects a broader trend of expansion beyond traditional real estate hotspots. With infrastructure development gaining pace and demand steadily rising, Osman Nagar is fast positioning itself as one of Hyderabad’s most promising growth corridors.
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