Godrej Properties Acquires 7.8-Acre Land in Hyderabad for ₹547.75 Crore
Mumbai-based Godrej Properties has won a high-profile e-auction for a 7.8-acre land parcel in Hyderabad's Kukatpally area, with an estimated revenue potential of ₹3,800 crore.
Hyderabad Real EstateGodrej PropertiesKukatpallyPremium HousingEauctionReal Estate NewsAug 21, 2025
The site, situated close to HITEC City, is expected to generate an estimated revenue of about ₹3,800 crore. Kukatpally, one of Hyderabad’s established residential hubs, boasts strong social infrastructure and connectivity, making it a highly desirable location for homebuyers.
This acquisition marks GPL’s latest move to expand its presence in Hyderabad, following successful projects such as Godrej Madison Avenue at Kokapet and Godrej Regal Pavilion at Rajendranagar. Gaurav Pandey, MD and CEO of Godrej Properties, emphasized the company’s commitment to Hyderabad. “Kukatpally represents a strategic location that aligns with the city’s growth trajectory. Building on the strong response to our recent launches, our presence here allows us to bring national-scale expertise while designing future-ready developments that create long-term value for our residents,” he said.
Hyderabad’s premium housing segment, which includes homes priced at ₹1.5 crore and above, has seen a significant 17% year-on-year sales jump to 8,205 units in the first half of 2025, according to a report by JLL. The ₹1.5–3 crore segment witnessed a 28% increase in demand compared to H1 2024. Industry experts attribute this surge to limited inventory, growing affluence among technology professionals, and a preference for larger homes with high-end amenities.
The Western Suburbs, including Kokapet, Puppalguda, Narsingi, and Kondapur, have dominated the high-end market, accounting for roughly 85% of premium sales. The area’s proximity to HITEC City and the Financial District, coupled with quality infrastructure, schools, and lifestyle offerings, makes it the most sought-after location for wealthy buyers.
However, JLL predicts that Northern suburbs such as Kompally, Bachupally, Miyapur, and Kollur will emerge as strong contenders in the coming years. This is driven by infrastructure upgrades, planned social amenities, and the growing demand for spacious gated community living.
Godrej Properties’ latest acquisition in Kukatpally is expected to further solidify its position in the Hyderabad real estate market. The company’s focus on premium developments in strategic locations aligns with the city’s growth trajectory and the increasing demand for high-quality residential properties.
Frequently Asked Questions
What is the location of the land parcel acquired by Godrej Properties in Hyderabad?
The land parcel is located in the Kukatpally area of Hyderabad, near the city’s IT corridor.
How much did Godrej Properties bid for the 7.8-acre land parcel?
Godrej Properties bid ₹547.75 crore for the 7.8-acre land parcel.
What is the estimated revenue potential of the project in Kukatpally?
The estimated revenue potential of the project in Kukatpally is about ₹3,800 crore.
What are the key factors driving the demand for premium housing in Hyderabad?
The key factors driving the demand for premium housing in Hyderabad include limited inventory, growing affluence among technology professionals, and a preference for larger homes with high-end amenities.
Which areas in Hyderabad are expected to see a rise in premium housing demand in the future?
Northern suburbs such as Kompally, Bachupally, Miyapur, and Kollur are expected to see a rise in premium housing demand in the future, driven by infrastructure upgrades and planned social amenities.
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