Godrej Wins Rs 54.8 Billion Land Bid In Hyderabad
21 Aug 2025 CW Team
Godrej Properties Ltd. (GPL), one of India’s leading real estate developers, has emerged as the highest bidder in an e-auction conducted by the Telangana Housing Board (TGHB) for a 7.825-acre residential land parcel in Kukatpally, Hyderabad. The company secured the site with a combined bid value of Rs 54.8 billion, according to the bid status intimation email issued by MSTC Limited, the auction facilitator. TGHB will issue the allotment letter after completing due process.
The strategically located land parcel lies in Kukatpally, close to HITEC City, and is expected to yield an estimated Rs 380 billion in revenue through the development of premium residential apartments of varied configurations.
This acquisition adds to GPL’s recent successes in Hyderabad, including Godrej Madison Avenue at Kokapet and Godrej Regal Pavilion at Rajendranagar, further cementing its presence in one of India’s fastest-growing real estate markets.
Kukatpally is regarded as one of Hyderabad’s most established residential corridors, with a robust social infrastructure comprising reputed schools, healthcare institutions, retail outlets, and commercial hubs. Its excellent connectivity to HITEC City, one of the city’s largest employment centres, strengthens its residential appeal.
Commenting on 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 aligned 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 deliver future-ready developments that create long-term value for our residents.”