TGIIC to auction two more Raidurg land parcels before Diwali
Hyderabad, Oct. 17 -- A prime Raidurg plot that the previous Bharat Rashtra Samithi (BRS) government gave away free of cost is set to go under the hammer, as the Telangana State Industrial Infrastructure Corporation (TGIIC) lines up another round of land sales in Knowledge City.
According to The Times of India, the government plans to put two parcels totalling six to seven acres up for auction next week and wrap up the sale by November. The two plots together could fetch around Rs 1,500 crore, the report said, citing TGIIC sources.
Land taken back from arbitration centre
The first parcel, measuring 3.70 acres in survey number 83/1 at Raidurg, was allotted to the International Arbitration and Mediation Centre (IAMC) by the BRS governmen...
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