The e-auction was conducted by the Hyderabad Metropolitan Development Authority (HMDA), and allotment letters are expected to be issued following the due process.
The proposed premium residential development on this parcel is expected to offer ~2.5 million sq. ft. of saleable area, with an estimated revenue potential of around Rs 4,150 crore. The company stated that the development aligns with its strategy of expanding presence in key real estate markets, particularly in Hyderabad, which continues to see strong demand from high-income homebuyers.
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Neopolis, Kokapet, has evolved into one of Hyderabad’s most prominent residential micro-markets, driven by its proximity to the Financial District and HITEC City, as well as a thriving ecosystem of technology firms, international schools, retail hubs, and healthcare facilities. The region has seen some of the highest land and product valuations, backed by robust infrastructure and consistent end-user demand.
“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,” said Gaurav Pandey, MD & CEO, at Godrej Properties.This latest development comes shortly after Godrej Properties acquired another ~7.825-acre land parcel in Kukatpally in August 2025. The company has already launched Godrej Madison Avenue in Kokapet and Godrej Regal Pavilion in Rajendra Nagar. Hyderabad has emerged as one of GPL’s fastest-growing markets, with property sales crossing Rs 2,600 crore in calendar year 2025.Also read: Globus Spirits, VRL Logistics among InCred Equities top 10 small, midcap picks with upside potential up to 74%
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