HYDERABAD: Residential plots in the Hyderabad Metropolitan Development Authority's Mokila Phase-III layout fetched as much as Rs 1,09,500 per sq yd in a two-day e-auction, with all 100 plots being sold. The average bid stood at Rs 75,640 per sq yd, with several plots crossing the Rs 1 lakh mark. The auction generated about Rs 231.65 crore, with strong competition among bidders for the 300-500 sq yd plots. The online auction, conducted through MSTC Ltd, had an upset price of Rs 50,000 per sq yd.