Hyderabad, June 26 -- The Telangana government has offered alternative land parcels to the State Bank of India (SBI) in an effort to resolve the dispute over a five-acre land parcel in Raidurg.

According to officials, SBI representatives recently inspected the proposed sites and are expected to respond after consulting the bank's headquarters.

Telangana proposes three alternative land options

Officials said SBI has been seeking five acres of land in Raidurg. The area has seen a sharp rise in land value, with a recent auction by the Telangana Industrial Infrastructure Corporation (TGIIC) fetching a record Rs 237 crore per acre.

To settle the issue, the state government has proposed two alternative sites of 2.5 acres each. One is locate...