{
  "id": 5138567,
  "title": "HMDA garners ₹101.51 crore from auctions",
  "url": "https://urgent.news/2026/09/02/hmda-garners-101-51-crore-from-auctions",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-02T17:53:39.000Z",
  "source": {
    "name": "The Hindu",
    "slug": "the-hindu",
    "url": "https://www.thehindu.com/news/national/telangana/hmda-garners-10151-crore-from-auctions/article71420762.ece"
  },
  "original_language": "en",
  "account": "The Hyderabad Metropolitan Development Authority (HMDA) conducted an e-auction for residential plots in the Mokila and Bachupally layouts, generating ₹101.51 crore in revenue. Of the 70 plots offered, 57 were sold on Wednesday, with an average auction price of ₹63,511 per square yard. In the Mokila layout, 32 plots were auctioned, with the highest bid reaching ₹87,500 per square yard, leading to an average of ₹66.48 crore in revenue. The Bachupally layout saw 25 sales, with the top bid at ₹67,500 per square yard, resulting in ₹35.03 crore in revenue. The auction attracted a strong response from homebuyers and investors, including numerous bidders from Hyderabad and nearby regions.",
  "summary": null,
  "key_points": [
    "HMDA's e-auction generated ₹101.51 crore revenue",
    "57 out of 70 plots sold, average ₹63,511 per sq yard",
    "Mokila layout's highest bid ₹87,500/sq yard"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}