Godrej Properties (GPL) has participated in an e-auction conducted by the Hyderabad Metropolitan Development Authority (HMDA) for a marquee land parcel measuring around 5 acres in Neopolis, Kokapet, one of Hyderabad’s most prestigious and high-growth real estate destinations where GPL has emerged as the highest bidder, according to the e-tendering portal of MSTC. HMDA shall issue the allotment letters after following the due process.

The proposed development on this land is planned as a premium residential project with a saleable area of around 2.5 million sq. ft. and an estimated revenue potential of around Rs 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 around 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 around Rs 2,600 crore in calendar year 2025, underscoring the city’s strong demand dynamics and GPL’s strategic focus on this region.  

Godrej Properties is a realty firm of Godrej group and it is one of the leading real estate development companies in India based in Mumbai, Maharashtra. Currently, their business focuses on residential, commercial and township developments.