Mumbai, Dec. 1 -- Godrej Properties has emerged as the highest bidder in an e-auction conducted by the Hyderabad Metropolitan Development Authority (HMDA) for a five-acre land parcel in Neopolis, Kokapet, the company officially stated on Monday.
According to a regulatory filing to the stock exchange made by the company, the proposed residential development is expected to offer 2.5 million square feet of saleable area and generate revenue of nearly Rs. 4,150 crore, the company stated.
Significantly this happens to be the second major land acquisition by Godrej Properties in Hyderabad in recent years. In August 2025, Godrej Properties had acquired 7.82 acres in Kukatpally for Rs 550 crore.
Commenting on the development, Gaurav Pandey, MD &...