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.”

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..