Godrej Properties Limited (GPL), a leading Indian real estate developer, has emerged as the highest bidder in an e-auction conducted by the Hyderabad Metropolitan Development Authority (HMDA) for a prime 5-acre land parcel in Neopolis, Kokapet, Hyderabad. This strategic acquisition marks a significant expansion of GPL's presence in one of India's fastest-growing real estate markets.

Project Details

The company plans to develop a premium residential project on the acquired land, with the following key features:

Strategic Importance

This acquisition reinforces Godrej Properties' growing presence in Hyderabad, a city that has become one of the company's fastest-growing markets. The significance of this move is underscored by GPL's performance in the region:

• GPL achieved sales upwards of INR 2,600.00 crore in Hyderabad during a recent calendar year.
• The company has had successful launches in the city, including Godrej Madison Avenue in Kokapet and Godrej Regal Pavilion in Rajendra Nagar.

Market Dynamics

Neopolis, Kokapet has rapidly evolved into one of Hyderabad's most sought-after residential micro-markets. This growth is attributed to several factors:

1. Proximity to the Financial District and HITEC City
2. Robust infrastructure expansion
3. Thriving ecosystem of global technology companies
4. Presence of international schools, retail avenues, and healthcare facilities

The region continues to command some of the highest land and product valuations in Hyderabad, driven by sustained demand from aspirational and high-income homebuyers.

Company's Expansion Strategy

This latest land acquisition follows GPL's recent purchase of a 7.825-acre land parcel in Kukatpally, highlighting the company's expansion strategy in Hyderabad.

Godrej Properties' focus on Hyderabad aligns with the city's strong demand dynamics and the company's strategic vision to strengthen its presence in high-potential markets through strategic acquisitions and differentiated developments.

As the real estate sector in Hyderabad continues to demonstrate robust growth, Godrej Properties seems well-positioned to capitalize on the market's potential with its latest acquisition in Neopolis, Kokapet.

Godrej Properties Limited (GPL) has made a significant move in the real estate market, acquiring a 75-acre land parcel in Nagpur. This strategic acquisition not only marks the company's third venture in Nagpur over the past four years but also propels Godrej Properties beyond its annual business development guidance of INR 20,000 crore for FY26.

Key Highlights of the Acquisition

Strategic Importance

The acquisition underscores Godrej Properties' commitment to expanding its presence in emerging growth corridors. Nagpur, with its improving infrastructure and rising residential demand, presents a promising opportunity for the company.

Project Details

The development will primarily consist of plotted residential units, catering to the growing demand for quality housing in the region. The strategic location of the land parcel offers several advantages:

• Proximity to the Samruddhi Mahamarg and MIHAN SEZ
• Easy access to major corridors, including the Nagpur–Hyderabad Highway
• Close to Dr. Babasaheb Ambedkar International Airport
• Well-developed social and municipal ecosystem in the vicinity

Management's Perspective

Gaurav Pandey, MD & CEO of Godrej Properties, commented on the acquisition: "Nagpur continues to strengthen its position as an important centre for infrastructure and industrial development, supported by improving connectivity and rising residential demand. This acquisition marks another significant step in our expansion journey as we look to strengthen our presence in emerging real estate markets across India."

Godrej Properties' Track Record

Godrej Properties has maintained its position as India's largest developer by the value of residential sales in FY 2025, continuing its strong performance from FY 2024. The company is known for its commitment to sustainability and innovation in the real estate sector.

Looking Ahead

With this acquisition, Godrej Properties aims to develop a quality plotted township that creates long-term value for its residents. The project aligns with the company's evolving aspirations and its focus on sustainable development practices.

As Godrej Properties continues to expand its footprint in emerging markets, this Nagpur acquisition represents a strategic move to capitalize on the growing real estate opportunities in tier-2 cities. The company's ability to surpass its annual business development guidance demonstrates its strong market position and effective growth strategy in the Indian real estate sector.