Overview
- Godrej Properties was named the highest bidder on the MSTC e-auction portal for an HMDA parcel in Neopolis, Kokapet.
- The company outlined a premium housing plan with about 2.5 million sq ft of saleable area and an estimated revenue potential of ₹4,150 crore.
- HMDA has yet to issue allotment letters, so the transaction is not finalized.
- The bid advances Godrej’s Hyderabad push following an August purchase of roughly 7.825 acres in Kukatpally and recent project launches in Kokapet and Rajendra Nagar.
- Management cites Hyderabad sales of about ₹2,600 crore in calendar 2025 and describes Neopolis as a high-demand micromarket near the Financial District and HITEC City.