West Hyderabad
Raidurg
Hyderabad's land price record was set here, two times in four months.
In August 2026, the Telangana Industrial Infrastructure Corporation (TGIIC) put Plot P1 in Raidurg up for auction. It sold for ₹264 crore an acre. This is the highest price ever paid for land in Hyderabad.
The plot was 5.25 acres. The total price was ₹1,386 crore. The reserve price was ₹175 crore an acre, so the final price was 50.9 percent above the reserve.
Three months before, TGIIC sold land at ₹237 crore an acre. That was the record then. It lasted about 90 days.
What this land price means for a flat
One acre is 43,560 sq ft. When you divide ₹264 crore by 43,560, the land alone costs about ₹60,600 per sq ft. That is the price of empty land, with no foundation, no concrete and no lift.
A developer who pays this price must build a very large area on the land to sell enough homes. That is why buildings in west Hyderabad get taller. It is not a design choice. It is arithmetic.
What this means for you
A private buyer can no longer buy land in Raidurg. But the land price is still a useful marker. When you look at a project two kilometres away, the land cost tells you the lowest price the developer can charge you for a flat.
We find this number before we show you any project in this area.
Wealth Desk Note
We follow the TGIIC and HMDA land auctions in the west, because the land price sets the lowest possible price for every new project after it. A developer who paid ₹264 crore an acre cannot sell you a cheap flat, whatever the brochure says. When you know what the developer paid, you can tell a real price from a hopeful one.
Source: Telangana Industrial Infrastructure Corporation (TGIIC) e-auction, August 2026, on the MSTC platform, with JLL as transaction advisor.
Common questions
Raidurg, answered.
Why is Raidurg so expensive?
Because the land is expensive. In August 2026, TGIIC sold 5.25 acres in Raidurg for ₹1,386 crore at auction. That is ₹264 crore an acre, or about ₹60,600 per sq ft of empty land, before construction starts.
Can I still buy land in Raidurg?
Usually, no. When one plot sells for ₹1,386 crore at auction, the buyers are developers and large institutions. A private investor in Raidurg today buys a home in a building.
The Wealth Desk
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