The Telangana Housing Board (THB) has announced the auction of a prime commercial plot measuring 1500 square yards in the upscale Manikonda area of Hyderabad. The plot is strategically located beside Aparna Aqua in Raidurg/Manikonda, directly opposite the well-known Malkamcheruvu Park. The auction is scheduled to take place on 6th March 2026, with an upset price set at Rs 1.5 lakh per square yard.
The commercial property faces a 100-feet wide road, making it highly accessible for business establishments and commercial ventures. Its location in the heart of Manikonda, one of Hyderabad’s rapidly developing residential and commercial corridors, adds significant value to the property. The plot’s proximity to major infrastructure and established residential complexes makes it an attractive investment opportunity for developers and businesses.
The site is situated near the Old Mumbai Highway, providing excellent connectivity to key areas of Hyderabad. The location opposite Malkamcheruvu Park offers additional advantages, as the area is well-developed with established amenities and infrastructure. The Manikonda-Raidurg corridor has witnessed substantial growth in recent years, with numerous residential projects and commercial establishments coming up in the vicinity.
The total value of the plot at the upset price would amount to Rs 22.5 crore for the entire 1500 square yards. The Telangana Housing Board typically conducts such auctions through a transparent bidding process, where interested parties can submit their bids. The upset price serves as the minimum price at which the bidding will commence, and the final sale price will be determined based on competitive bids received during the auction.
Prospective bidders and interested parties can obtain further details about the auction process, documentation requirements, and terms and conditions from the Telangana Housing Board offices. The auction represents a significant opportunity for commercial developers looking to establish a presence in one of Hyderabad’s most sought-after locations, with the auction date set for 6th March 2026.
