Kokapet lands fetch record price of 151 crore per acre at auction

In a landmark auction conducted by the Hyderabad Metropolitan Development Authority (HMDA), two prime plots in the prestigious Neopolis Golden Mile layout at Kokapet have fetched record-breaking prices. Plot number 15, spanning the highest bid, was secured by GHR Infra for a staggering Rs 151.25 crore, while Plot number 16 was acquired by Godrej Properties for Rs 147.75 crore. The phenomenal bids underscore the immense investor confidence in Hyderabad's booming real estate market and the strategic value of the Kokapet-Neopolis corridor.

The auction results have set new benchmarks for land prices in the region, reflecting the rapid transformation of Kokapet into one of India's most sought-after investment destinations. With per-square-yard rates soaring to unprecedented levels, the transactions highlight Hyderabad's emergence as a global investment hotspot and reinforce the success of HMDA's transparent e-auction process that attracted top-tier developers from across the country.