Godrej Properties Limited (GPL) has taken another significant step toward strengthening its footprint in Hyderabad’s booming real estate market. The company has emerged as the highest bidder in an e-auction held by the Hyderabad Metropolitan Development Authority (HMDA) for a premium five-acre land parcel in the highly sought-after Neopolis, Kokapet locality. The result was reflected on the MSTC Limited e-tendering portal, and the allotment letters will follow once HMDA completes the formal process.
This land parcel is among the most coveted in Hyderabad, and GPL’s participation signals its confidence in the long-term growth potential of the city’s residential market. The company plans to develop a premium residential project on the site, with an estimated saleable area of around 2.5 million sq. ft. The project is expected to generate revenue of nearly ₹4,150 crore, marking it as one of the more ambitious ventures in the region.
Neopolis, Kokapet has quickly evolved into a top residential destination, backed by its excellent connectivity to the Financial District and HITEC City. The region continues to see rapid infrastructure upgrades and has become a preferred hub for professionals working in global technology companies. Its ecosystem of top international schools, healthcare facilities, retail hubs, and modern lifestyle offerings has further pushed demand, leading to some of the highest property valuations in Hyderabad.
This development comes shortly after GPL’s acquisition of a 7.825-acre land parcel in Kukatpally in August 2025. With the new Kokapet win, the company is clearly reinforcing its strategic presence across Hyderabad. In the last few years, GPL has launched successful projects such as Godrej Madison Avenue in Kokapet and Godrej Regal Pavilion in Rajendra Nagar, both of which have performed strongly in the market.
Hyderabad has been one of the fastest-growing regions for Godrej Properties, generating over ₹2,600 crore in sales in calendar year 2025 alone. The city’s strong demand from aspirational and high-income homebuyers continues to drive developers toward premium and luxury residential offerings, and GPL’s latest land acquisition perfectly aligns with this upward trend.
