Hyderabad, May 19 -- Telangana Rajiv Swagruha Corporation generated nearly Rs 83 crore through the open auction of 85 residential plots in Thorrur, Kurmalguda and Bahadurpally on Monday, May 18.

The plots, located in fast-developing areas near Hyderabad's outskirts, received a strong response from bidders during the auction conducted at a private function hall in Pedda Amberpet. Bidders offered prices significantly higher than the upset price fixed by the corporation.

Strong response for Thorrur plots

The highest demand was recorded for plots in Thorrur, located close to the Outer Ring Road (ORR) and the IT corridor in Adibatla.

A total of 66 plots measuring between 200 and 700 square yards were auctioned in Thorrur. The minimum price...