
Five land parcels near Hitex auctioned, to fetch TS govt ₹730 cr.
The Hindu
Telangana government is set to realise nearly ₹730 crore from an auction held on Friday for five plots measuring almost 15 acres in Khanamet village, near Hitex/HICC.While the upset price was ₹25 cror
Telangana government is set to realise nearly ₹730 crore from an auction held on Friday for five plots measuring almost 15 acres in Khanamet village, near Hitex/HICC. While the upset price was ₹25 crore per acre, the bids ranged from ₹43.60 crore per acre. The weighted average bid amount was ₹48.92 crore per acre. The final bid of ₹55 crore per acre for a 2.92 acre plot was the highest bid. Overall, ₹729.41 crore will be generated from this auction, said an official release on the auction undertaken by Telangana State Industrial Infrastructure Corporation (TSIIC) on behalf of the government.More Related News