Godrej Properties Wins Bid for 5-Acre Land in Hyderabad
Filing Summary
Godrej Properties Limited has emerged as the highest bidder for a 5-acre land parcel in Neopolis, Kokapet, Hyderabad, through an e-auction conducted by the Hyderabad Metropolitan Development Authority. The proposed premium residential development on this land is expected to offer approximately 2.5 million square feet of saleable area with an estimated revenue potential of INR 4,150 crore. This acquisition follows a recent purchase of a 7.825-acre land parcel in Kukatpally, reinforcing Godrej Properties’ growing presence in Hyderabad, one of its fastest-growing markets.
Godrej Properties Limited has announced its successful bid for a 5-acre land parcel in Neopolis, Kokapet, Hyderabad. The company participated in an e-auction conducted by the Hyderabad Metropolitan Development Authority, where it emerged as the highest bidder. The land is located in one of Hyderabad’s prestigious real estate destinations. The Hyderabad Metropolitan Development Authority will issue the allotment letters following the due process.
The proposed development on this land is planned as a premium residential project. It is expected to offer approximately 2.5 million square feet of saleable area. The estimated revenue potential from this development is approximately INR 4,150 crore. This acquisition is part of Godrej Properties’ strategic focus on expanding its presence in high-growth markets.
The scope of the project includes the development of a premium residential complex. Neopolis, Kokapet is known for its proximity to the Financial District and HITEC City, which are significant business hubs in Hyderabad. The area is supported by robust infrastructure and a thriving ecosystem of global technology companies, international schools, retail avenues, and healthcare facilities. These factors contribute to its high demand and valuation in the real estate market.
In August 2025, Godrej Properties acquired a 7.825-acre land parcel in Kukatpally, further establishing its presence in Hyderabad. The company has launched successful projects such as Godrej Madison Avenue in Kokapet and Godrej Regal Pavilion in Rajendra Nagar. Hyderabad has become one of Godrej Properties’ fastest-growing markets, with sales exceeding INR 2,600 crore in the calendar year 2025.
The timeline for the issuance of allotment letters and subsequent development phases will follow the completion of the due process by the Hyderabad Metropolitan Development Authority. Godrej Properties continues to focus on strategic acquisitions and developments in Hyderabad to capitalize on the city’s strong demand dynamics.
Godrej Properties Limited is a leading real estate developer in India, known for its commitment to innovation, sustainability, and excellence. The company integrates the Godrej Industries Group’s philosophy into its real estate projects, focusing on cutting-edge design and technology. Godrej Properties has consistently been recognized for its sustainability and governance practices, maintaining its position as India’s largest developer by the value of residential sales achieved in recent years.