The Hyderabad Metropolitan Development Authority (HMDA) has notified a large-scale land auction aimed at raising Rs 2,000 crore by selling prime government land in some of the city’s most expensive locations. The auction is planned for the end of November, and the agency has formally issued the notification.

The auction covers 114 land parcels across the city. The biggest draw is the Neopolis layout in Kokapet, but the agency has also put plots in several other areas up for bid. The sale is designed to turn valuable public land into cash for the state’s finances, and the plan is already drawing attention from real estate investors and economic watchers.

Record prices set the tone

The HMDA push follows a strong run for land sales in the city. The Telangana State Industrial Infrastructure Corporation (TGIIC) recently auctioned land at Raidurg and saw record-level prices. HMDA now wants to ride that momentum and bring its own parcels to market.

Reserve prices in the new round are steep. In Kokapet’s Neopolis layout, plot number 17, covering 4.59 acres, carries a reserve price of Rs 120 crore. A 1,815 square yard plot in Raidurg’s Khalsa village is set at Rs 1.75 lakh per square yard. A separate 8,591 square yard parcel in Kokapet, roughly two acres, is priced at Rs 1.50 lakh per square yard. In Moosapet, near Kukatpally, a 3.15-acre site carries a reserve of Rs 99 crore.

The Banjara Hills dispute

The most contested piece of this auction sits in Banjara Hills, in Hakimpet village under survey number 102/1. HMDA has listed eight plots there, ranging from 1,084 to 1,437 square yards each. The reserve price is Rs 2 lakh per square yard.

The land has been a source of trouble before. In an earlier June notification, HMDA planned to auction eight acres from the same survey number at Rs 99 crore per acre. That process stalled after a society raised objections, with members claiming the land overlapped with their own holdings.

Now the Revenue Department has rejected those allegations, and the government is preparing to put the land back on the block. HMDA is not backing down, even with the society’s objections on record.

Prices across the rest of the auction

Outside Banjara Hills, reserve prices range widely. The highest is Rs 55,000 per square yard, while the lowest is Rs 15,000 per square yard at the Inmul Narva layout. Bachupally has 50 plots on offer, and Inmul Narva has 45. Land in Ameenpur, Kapra, Suraram and other areas is also part of the sale.

Bidding will take place on November 12, 20, 23, 25 and 27. The schedule gives buyers a short window to study the parcels and arrange finances.

Why this matters for Telangana

This is not a distant policy debate for Telangana. The plots sit inside Hyderabad, the state capital’s core growth corridor, and the prices set here will shape how buyers and developers view the city’s land market. Each sale also adds to the state’s revenue, which makes the auction directly tied to how the government funds its projects.

The political fight over land sales

The auction is also drawing sharp criticism. Critics argue that the state is short of funds for key projects and development work. They point out that the Congress government, led by Revanth Reddy, came to power promising to create wealth, yet it keeps turning to government land sales to fill the treasury.

The government has chosen the sale of public land as its main source of income.

That criticism puts the government in a difficult position. Land auctions can bring in large sums quickly, but every parcel sold is public land that will not be available for future use. The coming bidding rounds will show whether buyers are ready to pay the reserve prices, and whether the state can turn the Rs 2,000 crore target into reality.