Godrej Properties Ltd (GPL) has emerged as the highest bidder for a prime 5-acre land parcel in Neopolis, Kokapet, Hyderabad, in an e-auction conducted by the Hyderabad Metropolitan Development Authority (HMDA). The allotment will be issued after completion of the due process, according to MSTC’s e-tendering portal.

The proposed development on this land is planned as a premium residential project with a saleable area of ~2.5 million sq. ft. and an estimated revenue potential of ~ INR 4,150 crore.

Neopolis, Kokapet has rapidly evolved into one of Hyderabad’s most sought-after residential micro-markets, driven by its proximity to the Financial District and HITEC City, robust infrastructure expansion, and a thriving ecosystem of global technology companies, international schools, retail avenues, and healthcare facilities. The region continues to command some of the highest land and product valuations in Hyderabad, fuelled by sustained demand from aspirational and high-income homebuyers.

Following the recent acquisition of a ~ 7.825-acre land parcel in Kukatpally in August 2025, the Neopolis, Kokapet auction reinforces GPL’s growing presence 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 Godrej Properties’ 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.

Gaurav Pandey, MD & CEO, Godrej Properties, said: “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.”