Kokapet’s Neopolis has once again become the center of attention in Hyderabad’s real estate market. The latest land auction held on November 28, 2025, has set a brand-new record for land prices in this fast-developing area. Plot 15 in the Neopolis Phase 3 auction reached an impressive price of ₹151.25 crore per acre, which is the highest ever seen in the region. This new benchmark has gone beyond the earlier record of ₹137.25 crore per acre set by Plots 17 and 18 in the same layout recently.
This rapid rise in pricing clearly shows how much demand exists for land in this premium location. Neopolis is attracting top developers and investors who see its future potential as part of Hyderabad’s key growth corridor.
Record-Breaking Plot Sale
Plot 15, sized at 4.03 acres, was the star of the auction. It was sold for a total value of ₹609 crore. The winning bid came from a group of well-known local investors — Lakshmi Narayana Gummadi, Karteesh Reddy Madgula, Sharat Ventrapragada, and Shyam Sunder Reddy Vangala. The strong competition and final price show that buyers are ready to pay high amounts for land in this prime locality near the city’s major business and residential hubs.
This transaction highlights that land in Kokapet continues to gain attraction, especially with IT growth in the Financial District and the steady rise of luxury residential and commercial projects nearby.
Plot 16 Also Sees Strong Demand
Another major part of this auction was Plot 16, which measures 5.03 acres. It was purchased by Godrej Properties Ltd at a rate of ₹147.75 crore per acre. The total bid value for this plot reached ₹743 crore. This shows that private developers are also aiming to secure land parcels in Neopolis to build long-term projects, both in premium housing and mixed-use categories.
Together, the sale of Plot 15 and Plot 16 brought in a combined revenue of ₹1,352 crore. This adds a major boost to government earnings while supporting the growth plan laid out for this important urban zone.
Revenue Growth for HMDA
The Hyderabad Metropolitan Development Authority (HMDA) has been conducting a series of e-auctions in Neopolis throughout November 2025. With the latest results, the total proceeds from Neopolis auctions this week alone stand at ₹2,708 crore.
The new average land value in Neopolis has now reached ₹142.83 crore per acre. Compared to 2023 values, this shows an increase of nearly 87%. Such strong returns reflect the stability and growth of Hyderabad’s real estate market, especially in well-planned areas supported by infrastructure and connectivity.
This revenue will further help HMDA in developing new urban facilities, improving roads, and ensuring better services in the outskirts of the city.
Confidence in Hyderabad’s Market
Buyers are showing strong faith in Neopolis as a future center for high-value development. The area is located beside the Outer Ring Road (ORR), close to the Financial District, IT parks, international schools, hospitals, and retail spaces. The upcoming metro connectivity and better road links are also helping Neopolis grow rapidly.
With many top builders showing interest, Neopolis is now viewed as one of the best land investment locations in Hyderabad. Families and investors looking for properties near key job centers also find this layout appealing.
Upcoming Auctions to Watch
The momentum is expected to continue. HMDA has scheduled more auctions for:
- December 3, 2025 – Additional Neopolis plots
- December 5, 2025 – Golden Mile, another premium commercial zone
If the current trend continues, land values are likely to rise further, and competition among investors may grow stronger. Developers who want to be part of Hyderabad’s next big growth phase are keeping a close watch on these auctions.
Conclusion
The Neopolis Phase 3 auction has once again shown why Kokapet is one of Hyderabad’s most desirable locations for real estate investment. The record price of ₹151.25 crore per acre reflects both the high potential of the area and the strong trust investors have in Hyderabad’s future development.
As infrastructure expands and new commercial and residential projects take shape, Neopolis will continue to play a key role in shaping the city’s next stage of growth. With more auctions ahead, the excitement in the market is far from over.