Mon Oct 06 16:05:29 UTC 2025: Okay, here’s a summary and news article rewrite based on the text provided:

**Summary:**

The Telangana Housing Board conducted a public auction on Monday, October 6, 2025, in Chintal, Quthbullapur, where a square yard of land fetched a high bid of ₹1.14 lakh. The auction of 18 open plots and four flats generated a total of ₹44.24 crore. Other plots averaged ₹91,947 per square yard. Previous auctions saw even higher prices in areas like Kukatpally and Gachibowli. More auctions are planned for KPHB and Nampally this week.

**News Article:**

**Telangana Land Auction Sees Record Bids in Chintal, Generates ₹44.24 Crore**

**HYDERABAD, Oct 6, 2025** – A public auction conducted by the Telangana Housing Board on Monday witnessed fierce competition for land in Chintal, Quthbullapur, with one square yard fetching a staggering ₹1.14 lakh. The auction, held on October 6, 2025, generated a total revenue of ₹44.24 crore through the sale of 18 open plots and four flats.

According to Board Chairman V.P. Gautham, bidding was particularly intense for High Income Group (HIG) plots. A 513-square-yard HIG plot, with an offset price of ₹80,000 per square yard, ultimately sold for ₹1.14 lakh per square yard. Another HIG plot reached ₹1 lakh per square yard.

While the Chintal auction represents a significant uptick in land value, previous auctions have seen even higher bids in prime locations. Land in Kukatpally previously attracted ₹2.98 lakh per square yard, and a commercial plot in Gachibowli reached ₹2.22 lakh.

The Telangana Housing Board is scheduled to continue its auction series this week with open plots in KPHB and Nampally. The ongoing auctions reflect strong demand and rising property values in the Hyderabad metropolitan area.

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