Deals1 Dec 2025, 06:34 am
Godrej Properties Emerges as Highest Bidder for 5-acre Land Parcel in Hyderabad's Neopolis, Kokapet
AI Summary
Godrej Properties Limited (GPL) has emerged as the highest bidder in an e-auction conducted by the Hyderabad Metropolitan Development Authority (HMDA) for a marquee land parcel measuring ~ 5 acres in Neopolis, Kokapet, Hyderabad. The proposed premium residential development is expected to offer ~ 2.5 million sq. ft. of saleable area with an estimated revenue potential of ~ INR 4,150 crore. This acquisition reinforces GPL’s growing presence in Hyderabad, following the recent acquisition of a ~ 7.825-acre land parcel in Kukatpally in August 2025. Hyderabad has emerged as one of Godrej Properties’ fastest-growing markets, with sales upwards of ~ INR 2,600 crore in calendar year 2025.
Key Highlights
- Godrej Properties emerges as the highest bidder for a 5-acre land parcel in Neopolis, Kokapet, Hyderabad.
- The proposed development is expected to offer ~ 2.5 million sq. ft. of saleable area.
- The project has an estimated revenue potential of ~ INR 4,150 crore.
- This acquisition reinforces GPL’s growing presence in Hyderabad.
- Hyderabad has emerged as one of Godrej Properties’ fastest-growing markets.