Strong Response to HMDA Medipally E-Auction

The HMDA Medipally layout e-auction received an overwhelming response, with all 63 residential plots being successfully sold. The highest bid price recorded was ₹80,000 per square yard, reflecting strong demand for the location.

The average bid price stood at ₹56,260 per square yard, generating a total revenue of ₹120 crore for HMDA through the auction. Officials expressed satisfaction over the strong participation and successful completion of the auction process.