After nearly two years, the Hyderabad Metropolitan Development Authority (HMDA) is preparing to hold a fresh land auction in Neopolis, Kokapet. Known for fetching some of the highest bids in the city, this layout is back in focus, and this time, only five plots are up for sale.
The move is part of a wider government strategy to raise funds for infrastructure, especially new roads and transport projects.
Kokapet is one of Hyderabad's fastest-growing areas, especially with its proximity to the IT corridor. Neopolis, a large planned layout within Kokapet, has already attracted attention in earlier auctions. In fact, back in 2023, one plot here sold for over ₹100 crore per acre.
That kind of response makes these upcoming auctions important — not just for investors, but also for developers and homebuyers watching the market closely.
Here are the key details as shared by HMDA:
The government hopes to raise a significant amount—between ₹5,000 to ₹10,000 crore—from this and other land sales across Telangana. The funds will be used to support key infrastructure works like elevated corridors and a new radial road in "Future City."
These numbers show that despite market ups and downs, land in Neopolis continues to attract major interest. Developers trust this area because of its infrastructure, location, and clear legal titles.
Neopolis isn't just another plotted layout. It has been carefully planned and heavily invested in. Here's why it stands out:
A successful auction will do more than just fill the government's coffers:
Since Godrej Regal Pavilion is located in the same Western corridor, it benefits directly from Neopolis's growth. Improved roads, rising land value, and new commercial activity will add to the appeal of homes in this region.
This auction is part of a broader land release plan. Over 2,400 plots in 18 different layouts have been identified for future auctions. These include:
The success of the Neopolis round will influence how and when these other locations are brought to market.
The Neopolis auction is not just another land sale—it's a sign that Hyderabad's western zone is still in high demand. With only five plots on offer, there's bound to be competition. Whether you're a developer, investor, or simply someone looking at this market, it's an event worth watching.
For residents and buyers in nearby projects like Godrej Regal Pavilion, this could mean better roads, faster development, and rising property value over the next few years.
Enquiry |