Godrej Properties Limited (GPL) has announced the purchase of a 5-acre land parcel in Hyderabad. The acquisition was made through an e-auction held by the Hyderabad Metropolitan Development Authority (HMDA). The company plans to develop a housing project valued at ₹4,150 crore on this site.
Godrej Properties invest in 5-Acre Hyderabad Plot
GPL took part in the auction for a prime land parcel located in Neopolis, Kokapet, a rapidly growing real estate area. According to the MSTC Ltd. e-tendering portal, Godrej Properties was the highest bidder. HMDA will issue the allotment letters after completing the necessary procedures.
Planning for ₹4,150-crore premium residential project
Godrej Properties plans to create a premium residential project on this land. The project will have around 2.5 million sq. ft. of saleable area and an estimated revenue potential of ₹4,150 crore. Neopolis, Kokapet, has quickly become one of the most desirable residential areas in Hyderabad.
Hyderabad has become one of the fastest-growing markets for company. The company reported sales exceeding ₹2,600 crore in the calendar year 2025. This figure highlights the city’s strong demand and GPL’s focused strategy for the area.
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