Godrej Properties has become the highest bidder for a 5‑acre land parcel in Neopolis, Kokapet, Hyderabad, in a recent auction by the Hyderabad Metropolitan Development Authority (HMDA). The land is set to host a premium residential project spanning around 2.5 million square feet.
The new development could generate revenue of about ₹4,150 crore, reflecting the growing demand for high-end homes in Hyderabad’s sought-after neighbourhoods. Kokapet is particularly popular due to its proximity to the Financial District, HITEC City, top schools, hospitals, and shopping hubs.
This acquisition strengthens Godrej Properties’ presence in Hyderabad. Earlier this year, the company acquired another land parcel in Kukatpally, with a revenue potential of ₹3,800 crore. The latest purchase aligns with the developer’s strategy to expand aggressively in high-growth areas, aiming for multiple projects with a combined revenue potential of around ₹30,000 crore in the coming year.
For homebuyers, this means more luxury housing options in well-connected locations. For investors, it signals Godrej’s strong growth ambitions and confidence in Hyderabad’s real estate market.
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