The third phase of the Neopolis Auction Phase 3 concluded successfully on December 4, 2025, with the Hyderabad Metropolitan Development Authority (HMDA) recording a total revenue that now stands at Rs 3,708 crore. The strong response confirms growing confidence among developers in Hyderabad’s western corridor, particularly in the Kokapet-Neopolis area.
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Neopolis Phase 3 Auction Results and Key Deals
In the final round, two high-value plots were offered, drawing competitive bids:
- Plot 19 (4.00 acres, survey numbers 239 & 240) sold to Yula Constructions LLP and Globus Infracon LLP at Rs 131 crore per acre.
- Plot 20 (4.04 acres) was acquired by Brigade Enterprises Limited at Rs 118 crore per acre.
These acquisitions alone contributed nearly Rs 1,000 crore to HMDA’s total from this phase. Brigade Enterprises Limited’s entry reaffirms its commitment to expanding its footprint in Neopolis, anticipating robust demand for mixed-use developments in the region.
Overall Performance: Rising Land Valuation and Demand
Across all three phases, the Neopolis Kokapet land auctions have delivered a revised average price of Rs 137.36 crore per acre — a substantial increase from previous cycles. This sharp appreciation highlights growing investor trust in the area’s development potential, infrastructure prospects, and strategic value.
Demand for premium and strategically located land has surged, driven by rising interest in commercial, retail, hospitality, and high-end residential projects. The high bids reflect confidence in long-term returns and the attractiveness of Neopolis as a hub for future growth.
Significance of Brigade’s Acquisition and Developer Confidence
Brigade Enterprises Limited’s acquisition of Plot 20 underscores its long-term strategy to invest in high-potential urban corridors. As a major real estate player, the company views Neopolis as an ideal location for large-scale, mixed-use developments combining offices, retail, hospitality, and residential units.
This move is indicative of broader market sentiment, where leading developers are willing to invest significant capital in land parcels within Hyderabad’s growing western suburbs. Their participation brings credibility to future projects and strengthens expectations of accelerated development.
Neopolis and Hyderabad’s Western Expansion: What Lies Ahead
Neopolis, and particularly the Kokapet sector, is emerging as a leading real estate corridor in Hyderabad. The consistent demand, rising valuations, and active participation by top-tier developers position the area for rapid urban transformation.
With planned infrastructure upgrades and connectivity improvements, the corridor is likely to attract more investments in commercial offices, retail hubs, luxury residences, and hospitality projects. The land value trajectory suggests that Neopolis could set new benchmarks for future land auctions in the city.
Looking Forward: Golden Mile Auction and Future Prospects
Following the success of the December 4, 2025, auction, attention is now focused on the upcoming Golden Mile auction. Given the strong performance of Neopolis Auction Phase 3, expectations are high that developers will show similar enthusiasm for Golden Mile land parcels.
If competitive bidding continues, the Golden Mile auction may further elevate land valuations and reinforce Hyderabad’s standing as a premium destination for real estate investment in India.
Conclusion
The Dec 4, 2025, auction for Neopolis Auction Phase 3 has validated Hyderabad’s growing appeal among national and regional developers. With HMDA Revenue Reaches Rs 3,708 Crore across all phases, rising land values, and strategic acquisitions by players like Brigade Enterprises Limited, the Neopolis Kokapet corridor is poised to play a central role in the next wave of Hyderabad’s urban growth.