Godrej Properties Wins Rs 54.78 Billion Hyderabad Land Bid

22 Aug 2025 CW Team

Godrej Properties Ltd. (GPL), one of India’s leading real estate developers, has announced that it has emerged as the highest bidder in an e-auction conducted by the Telangana Housing Board (TGHB) for a 7.825-acre land parcel in Kukatpally (KPHB), Hyderabad, with a combined bid value of Rs 54.78 billion. The bid status was confirmed by MSTC Limited, the auction facilitator, with TGHB expected to issue the allotment letter after due process.

The site is strategically located near HITEC City and is expected to generate a revenue potential of approximately Rs 380 billion, offering premium residential apartments across multiple configurations.

This acquisition further strengthens GPL’s footprint in Hyderabad, following the successful launches of Godrej Madison Avenue in Kokapet and Godrej Regal Pavilion in Rajendranagar. Kukatpally, regarded as one of Hyderabad’s most resilient and well-established residential corridors, benefits from excellent connectivity to HITEC City and is supported by strong social infrastructure, including reputed schools, hospitals, retail, and commercial hubs.

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 project launches, our presence here allows us to bring national-scale expertise in designing future-ready developments that create long-term value for residents.”

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