Godrej Properties Limited (GPL) revealed that they have acquired a 5-acre piece of land in Hyderabad through an e-auction conducted by the Hyderabad Metropolitan Development Authority (HMDA). The company is planning to develop a high-end residential colony with a revenue potential of ₹4,150 crore.
The plot is located in Neopolis, Kokapet, an upscale residential micro-market in Hyderabad, which is close to the Financial District and HITEC City. The locality has seen extensive road and other infrastructure works, which are supported by the presence of a cluster of world-class tech companies, international schools, retail, and healthcare hubs.
GPL was the highest bidder on the MSTC Ltd. e-tendering portal, and after the necessary formalities, HMDA will issue the allotment letters. The ensuing construction is projected to have a saleable area of approximately 2.5 million sq. ft. to serve the increasing demand for luxury apartments in the metropolis.
This purchase is only a few moments away, in time from when GPL bought a nearly 7.825-acre land parcel in Kukatpally in August 2025, thus cementing the company's footprint in Hyderabad. It is a clear indication of both a strong housing demand and Godrej Properties Limited's (GPL) strategic focus on the region that with the city becoming one of Godrej Properties' top 3 markets contributing highest to the sales turnover unit sale crossing ₹2,600 crore in the 2025 calender year, GPL has been able to cash in on the rise.
Gaurav Pandey, MD, and CEO of Godrej Properties, mentioned the company’s pledge to Hyderabad, “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.”
The neighborhood of Neopolis, Kokapet, has been progressively gaining the attention of the developers as a result of good connectivity, planned urban features, and nearness to job centers. Among others, recent successful launches by GPL like Godrej Madison Avenue in Kokapet and Godrej Regal Pavilion in Rajendra Nagar have been instrumental in the company’s gaining of trust from the local residents in the field of luxury housing projects.
Godrej Properties’ bold land acquisition tactics in Hyderabad are a mirror to their extensive strategy of taking full advantage of the potential in the upcoming residential micro-markets. The company seeks to broaden its portfolio by providing high-end homebuyers with exclusive products while capitalizing on the skyrocketing demand for the best-quality housing and the city's ascending position as a technology and business hub.
The residential property bookings by Godrej Properties (GPL) in the first half of the current fiscal year were up by 13% to ₹ 15,587 crores against ₹ 13,835 crores for the corresponding period of the previous year. This development points to the company’s vigorous business operation and the great attractiveness of its projects to potential homebuyers in its major markets.
By zeroing in on worthy acquisitions and upscale developments, GPL goes on to secure its standing as one of the top real estate developers in Hyderabad and India in general. The Neopolis, Kokapet project will be a significant addition to the luxury residential space in the city and will deliver great value to both the investors and the homebuyers.
The combination of Hyderabad’s rise as an in-demand residential market and Godrej Properties’ solid track record puts the company in a position to experience sustained growth and success in the area.
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