Godrej Wins Rs 54.8 Billion Land Bid In Hyderabad
Real Estate

Godrej Wins Rs 54.8 Billion Land Bid In Hyderabad

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.” 

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.” 

Next Story
Infrastructure Energy

KEC Secures Rs 10, 380 Mn Substation Order in Saudi Arabia

KEC International Ltd., a global infrastructure EPC major, and an RPG Group company, has secured a new order worth Rs 10,380 million for the Design, Supply and Installation of a 380 kV GIS Substation in Saudi Arabia.Vimal Kejriwal, MD & CEO, KEC International Ltd., commented, “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our year-to-date or..

Next Story
Infrastructure Urban

Central Bank of India executes first fully digital SCF deal on PSB Xchange

In a major advancement for India’s banking sector, Central Bank of India (CBI) has successfully completed the country’s first fully digital supply chain finance (SCF) transaction on PSB Xchange—a unified multi-lender platform launched by PSB Alliance. PSB Xchange is designed to connect public and private sector banks, NBFCs, and fintechs with corporates and their channel partners to facilitate supply chain finance and small business loans. The transaction marks the first time a fintech-originated corporate lead has been seamlessly processed through the PSB Xchange ecosystem. The lead fl..

Next Story
Infrastructure Energy

Atlanta Electricals secures Rs 1,835 Mn transformer order from BNC Power

Atlanta Electricals Limited (“Atlanta”) has secured an order worth Rs 1,835 million from BNC Power Projects Ltd for the supply of extra high voltage (EHV) transformers and a bus reactor for its Pugal site. The contract includes a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers along with a 400 KV bus reactor. The project scope encompasses design, manufacturing, testing, and supply to the project site. Deliveries will be sequenced following engineering and drawing approvals, offering multi-quarter execution visibility and ensuring a steady production run-rate. The order will be ex..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?