Telangana Govt to develop Neopolis Kokapet project at Rs 265 cr
Real Estate

Telangana Govt to develop Neopolis Kokapet project at Rs 265 cr

The Telangana Government has taken up the construction of Neopolis Kokapet, a greenfield township district, at a cost of Rs 265 crore.

The 533-acre layout development includes roads, underground drainage, a water supply distribution network, electrification, and streetlights, as well as larger plot sizes for multipurpose use zones and an unlimited Floor Space Index (FSI).

The project is expected to take about 18 months to complete. According to the annual report of Telangana's Municipal Administration and Urban Development Department for 2020-21, the government will provide modern infrastructure, which, once developed, is expected to employ about a million people in the next 5-7 years.

Neopolis Kokapet will see the construction of high-rise towers. By building a Trumpet Interchange at Kokapet layout and an additional entry and exit to the ORR at Narsingi, the layout development is proposed with seamless connectivity to the Outer Ring Road (ORR).

On the 15th and 16th of July, the Hyderabad Metropolitan Development Authority (HMDA) and the Telangana State Industrial Infrastructure Corporation (TSIIC) will auction plots in Kokapet. On behalf of the state government, 13 land parcels totalling 64.93 acres will be auctioned. The government has set the price per acre at Rs 25 crore.

At the pre-bid meeting for the e-auction held late last month, Arvind Kumar, Principal Secretary, Municipal Administration and Urban Development, told representatives of real estate companies and developers that Neopolis Kokapet will set an example for the rest of the country.

The land can be used for office buildings, commercial complexes, recreational facilities, and residential purposes. There will be no restrictions based on zones.

Image Source


Also read: Emami set to develop 40 acre township in Kolkata at Rs 300 cr

The Telangana Government has taken up the construction of Neopolis Kokapet, a greenfield township district, at a cost of Rs 265 crore. The 533-acre layout development includes roads, underground drainage, a water supply distribution network, electrification, and streetlights, as well as larger plot sizes for multipurpose use zones and an unlimited Floor Space Index (FSI). The project is expected to take about 18 months to complete. According to the annual report of Telangana's Municipal Administration and Urban Development Department for 2020-21, the government will provide modern infrastructure, which, once developed, is expected to employ about a million people in the next 5-7 years. Neopolis Kokapet will see the construction of high-rise towers. By building a Trumpet Interchange at Kokapet layout and an additional entry and exit to the ORR at Narsingi, the layout development is proposed with seamless connectivity to the Outer Ring Road (ORR). On the 15th and 16th of July, the Hyderabad Metropolitan Development Authority (HMDA) and the Telangana State Industrial Infrastructure Corporation (TSIIC) will auction plots in Kokapet. On behalf of the state government, 13 land parcels totalling 64.93 acres will be auctioned. The government has set the price per acre at Rs 25 crore. At the pre-bid meeting for the e-auction held late last month, Arvind Kumar, Principal Secretary, Municipal Administration and Urban Development, told representatives of real estate companies and developers that Neopolis Kokapet will set an example for the rest of the country. The land can be used for office buildings, commercial complexes, recreational facilities, and residential purposes. There will be no restrictions based on zones. Image Source Also read: Emami set to develop 40 acre township in Kolkata at Rs 300 cr

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code