HMDA to Auction 8.37 Acres in Banjara Hills in ₹5,000-Crore Hyderabad E-Auction

The Hyderabad Metropolitan Development Authority (HMDA) plans to auction 8.37 acres in Banjara Hills, near MLA Colony, as one of three prime parcels in a roughly 42-acre e-auction targeting more than ₹5,000 crore for the state government. The sale also covers land in Moosapet and Kondapur, according to Hyderabad Mail, the Telangana Tribune and Deccan Chronicle.

What's on the block

HMDA's planned e-auction spans three high-value Hyderabad locations:

Together the three sites carry a revenue target of over ₹5,000 crore. A specific reserve or expected price for the Banjara Hills parcel alone has not yet been published — only Moosapet's reported upset price of ₹75 crore per acre and the aggregate target across all 42 acres.

What government land is fetching in Hyderabad

HMDA auctions have repeatedly set records, which frames the scale of value at stake. Recent sales have seen plots fetch as much as ₹151 crore per acre in Kokapet and ₹177 crore per acre in Raidurg, per trade reporting — see our coverage of Raidurg's record-breaking auction and the ₹237-crore-per-acre Raidurg milestone. Those records are in western growth corridors; a parcel in core Banjara Hills will set a different kind of benchmark.

Why Banjara Hills is different

Banjara Hills is one of Hyderabad's most established luxury addresses, and large contiguous land here is rare — the micromarket is dominated by fragmented smaller plots. Notably, in Telangana's June 5, 2026 statewide land-value revision, mature central localities like Banjara Hills saw little to no change — not because they are inexpensive, but because their notified values already sat close to market levels. That standing premium is exactly what makes an 8-acre government parcel here so valuable.

Why HMDA is auctioning this land

The auctions are part of HMDA's strategy to monetise prime, often under-used government land — including holdings encroached over the years — to fund metropolitan infrastructure such as Metro expansion and road projects. Releasing trophy parcels also helps the authority realise market value on assets that would otherwise sit idle.

How an HMDA e-auction works

• Online process. Bidding is conducted through HMDA's e-auction platform, open to eligible individuals, firms and developers.
• Upset (reserve) price. Each parcel carries a floor price; bids must start at or above it. For Moosapet, that floor was reported at ₹75 crore per acre.
• Earnest money deposit. Bidders register and pay an EMD to participate; the highest valid bid above the upset price wins.
• Clearances first. Officials said the process will begin after government clearance — and, for Banjara Hills, HMDA must address the reported encroachment on part of its holding.

What to watch

Key open questions remain: the confirmed auction date, the reserve price for the Banjara Hills plot specifically, and how HMDA resolves the encroachment before the sale. We will update this report as details are confirmed.

Follow Hyderabad land-auction and policy news at the AptLok Newsroom, and explore locality data and listings at aptlok.com.