Mumbai, Dec 1 (UNI) Godrej Properties has emerged as the highest bidder in an e-auction conducted by the Hyderabad Metropolitan Development Authority (HMDA) for a five-acre land parcel in Neopolis, Kokapet, the company officially stated on Monday.
According to a regulatory filing to the stock exchange made by the company, the proposed residential development is expected to offer 2.5 million square feet of saleable area and generate revenue of nearly Rs. 4,150 crore, the company stated.
Significantly this happens to be the second major land acquisition by Godrej Properties in Hyderabad in recent years. In August 2025, Godrej Properties had acquired 7.82 acres in Kukatpally for Rs 550 crore.
Commenting on the development, 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.”
Bullish on housing demand across major cities, Godrej Properties is acquiring multiple land parcels this fiscal year. Through these acquisitions, it has already added a revenue potential of more than Rs. 20,000 crore.
Under the new business development, the company acquires land outright and also do joint development agreements (JDAs) with landowners.
According to Godrej Properties, Hyderabad continues to remain a key growth market, with the company recording sales of Rs. 2,600 crore in calendar year 2025.
Neopolis at Kokapet, is a prominent residential micro market in Hyderabad, located close to the financial district and HITEC City. The region continues to command some of the highest land and product valuations in Hyderabad, fuelled by sustained demand from aspirational and high-income home buyers.
