Real estate developer Godrej Properties has emerged as the highest bidder for a five-acre land parcel in Neopolis, Kokapet, Hyderabad. The proposed residential development is expected to offer 2.5 million sq ft of saleable area and generate revenue of nearly Rs 4,150 crore.
This is the second major land acquisition by Godrej Properties in Hyderabad in recent years. In August 2025, the company acquired 7.82 acres in Kukatpally for Rs 550 crore. Hyderabad continues to remain a key growth market, with the company recording sales of Rs 2,600 crore in CY25, it added.
Godrej Properties Hyderabad land deal – Key details
Godrej Properties won the bid through an e-auction conducted by the Hyderabad Metropolitan Development Authority (HMDA) for the marquee land parcel. As per details available on MSTC’s e-tendering portal, the company emerged as the highest bidder. HMDA will now issue the allotment letter following the due process.
Neopolis, Kokapet, is a prominent residential micromarket 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 homebuyers,” the company noted in the filing.
Commenting on the development, Gaurav Pandey, MD & CEO of 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.”
Godrej Properties share price
The share price of Godrej Properties opened at Rs 2,112.70, down nearly 1% from the previous close. Over the past one month the company’s stock has declined by over 8%