TGIIC e-auction draws Rs 51.25 cr bid at Osman Nagar

TGIIC e-auction at Osman Nagar saw strong bidding, with plots fetching up to 30% above reserve prices. Plot No 1 achieved Rs 51.25 crore, while Plot No 6 secured Rs 44 crore. The auction achieved an average realisation of Rs 48.6 crore per acre, driven by Osman Nagar's strategic location near key IT hubs and Outer Ring Road