Godrej Properties Ltd. (GPL), one of India’s leading real estate developers, has announced a major acquisition in Hyderabad’s high-demand residential market. The company secured a 7.825-acre land parcel in Kukatpally (KPHB) through an e-auction conducted by the Telangana Housing Board (TGHB). With a total bid value of ?547.75 crore, GPL emerged as the highest bidder, as confirmed by the e-auction facilitator MSTC Limited. The allotment letter is expected after completion of the necessary procedural formalities by TGHB.
The newly acquired land is strategically located in one of Hyderabad’s most established residential hubs, with seamless connectivity to HITEC City, the city’s largest employment center. This prime location positions the project to cater to the city’s growing demand for high-quality, future-ready residential spaces. According to preliminary estimates, the development is projected to generate a revenue potential of approximately ?3,800 crore, making it a significant milestone in GPL’s Hyderabad expansion strategy.
This acquisition also builds on the momentum of GPL’s recent launches in Hyderabad, including Godrej Madison Avenue at Kokapet and Godrej Regal Pavilion at Rajendranagar. Both projects have received strong market responses, highlighting the growing trust and demand for the Godrej brand in the region.
Speaking about the development, Gaurav Pandey, MD & CEO of Godrej Properties, said, "As Hyderabad continues to strengthen its position as a dynamic real estate market, Kukatpally represents a strategic location that aligns with the city’s growth trajectory. Building on the strong response to our recent launch, Godrej Madison Avenue at Kokapet, our presence here allows us to bring national-scale expertise while designing future-ready developments that create long-term value for our residents.”
Kukatpally is widely regarded as a resilient and well-established residential corridor, offering an excellent social ecosystem. It is home to reputed educational institutions, advanced healthcare facilities, vibrant retail zones, and thriving commercial hubs. Its proximity to key employment centers, particularly HITEC City and the Financial District, has made it a preferred location for homebuyers seeking both convenience and quality living.
Industry experts note that Hyderabad’s residential real estate market has seen a steady upswing over the past few years, fueled by the city’s robust infrastructure, employment opportunities, and consistent policy support. Kukatpally, with its blend of established infrastructure and accessibility, is poised to remain a top choice for premium residential developments.
With this acquisition, Godrej Properties reinforces its commitment to expanding its footprint in high-growth markets and delivering thoughtfully designed developments that cater to evolving consumer needs. The company’s focus on quality, sustainability, and innovation continues to position it as a leading name in India’s real estate sector, and this latest milestone is expected to further strengthen its presence in the fast-growing Hyderabad market.
