Hyderabad issued a tender to raise Rs 10,000 crore via land parcel securitisation, requiring Rs 1,500 crore issuance experience and a scoring system. Bidders must pass technical and financial bids with revised criteria. The initial Rs 5,000 crore criteria were updated, contract cancelled, and reissued for the July 9 deadline, involving ‘A’, ‘B’, ‘C’ stages beginning July 4.
