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E-auction of five plots in Khanamet nets Rs 729 41 cr

Updated Jul 17, 2021, 6:51 am IST Manjeera Constructions Ltd was the highest bidder in the e-auction with Rs 55 crore per acre  The minimum bid amount was kept at Rs 25 crore per acre with a minimum bid increment of Rs 20 lakh or its multiples per acre. (Representational image/DC) Hyderabad: After the auction of eight prime plots at Kokapet, which generated a record Rs 2,000.37 crore for the government on Thursday, the e-auction of five plots at Khanamet mopped up another Rs 729.41 crore. The average per-acre bid at the e-auction was Rs 48.92 crore, while the highest bid amount was Rs 55 crore and the lowest was at Rs 43.6 crore.

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