Hyderabad: Godrej Properties Limited (GPL), one of India’s leading real estate developers, has announced that it has emerged as the highest bidder in an e-auction conducted by the Hyderabad Metropolitan Development Authority (HMDA) for a marquee land parcel measuring approximately 5 acres in Neopolis, Kokapet. The allotment letters will be issued by HMDA after completion of the due process. The proposed premium residential development on this land is expected to deliver ~2.5 million sq. ft. of saleable area with an estimated revenue potential of ~INR 4,150 crore.
Strategic Importance Of Neopolis, Kokapet
Neopolis has rapidly evolved into one of Hyderabad’s most prestigious and high-growth real estate destinations. Its proximity to the Financial District and HITEC City, coupled with robust infrastructure expansion and a thriving ecosystem of global technology companies, international schools, retail avenues, and healthcare facilities, has made it one of the most sought-after residential micro-markets in the city. The region continues to command some of the highest land and product valuations in Hyderabad, driven by strong demand from aspirational and high-income homebuyers.
Reinforcing Presence In Hyderabad
This acquisition follows GPL’s recent purchase of a ~7.825-acre land parcel in Kukatpally in August 2025. It further strengthens the company’s footprint in Hyderabad, building on the successful launches of Godrej Madison Avenue in Kokapet and Godrej Regal Pavilion in Rajendra Nagar. Hyderabad has emerged as one of GPL’s fastest-growing markets, with sales upwards of ~INR 2,600 crore in calendar year 2025, underscoring the city’s strong demand dynamics and GPL’s strategic focus on this region.
Leadership Statement
Gaurav Pandey, MD & CEO of Godrej Properties, stated: “Hyderabad continues to demonstrate strong fundamentals with robust infrastructure growth and sustained demand for quality housing. We remain committed to strengthening our presence in this high-potential market through strategic acquisitions and differentiated developments. Our aim is to deliver projects that combine thoughtful design and customer-centric features, creating long-term value for homebuyers.”
