India, Dec. 1 -- Godrej Properties it has participated in an e-auction conducted by the Hyderabad Metropolitan Development Authority (HMDA) for a marquee land parcel measuring ~ 5 acres in Neopolis, Kokapet, one of Hyderabad's most prestigious and high-growth real estate destinations where GPL has emerged as the highest bidder, according to the e-tendering portal of MSTC. HMDA shall issue the allotment letters after following the due process. The proposed development on this land is planned as a premium residential project with a saleable area of ~2.5 million sq. ft. and an estimated revenue potential of Rs 4,150 crore.Neopolis, Kokapet has rapidly evolved into one of Hyderabad's most sought-after residential micro markets, driven by its pr...