Godrej Properties Secures 7.82-Acre Land in Hyderabad for Rs 550 Crore
Godrej Properties has emerged as the highest bidder for a 7.825-acre land parcel in Kukatpally, Hyderabad, with a bid value of Rs 547.75 crore. The company plans to develop a housing project with an estimated revenue potential of Rs 3,800 crore.
Godrej PropertiesReal EstateHyderabadKukatpallyLand AcquisitionReal Estate NewsAug 22, 2025
The land, located in Kukatpally, is strategically positioned in a rapidly developing area of the city. Kukatpally, also known as KPHB, is a prime location that aligns with the city's growth trajectory. The Telangana Housing Board will issue the allotment letter to Godrej Properties following the due process.
Gaurav Pandey, MD & CEO of Godrej Properties, expressed his enthusiasm about the acquisition. He stated, “As Hyderabad continues to strengthen its position as a dynamic real estate market, Kukatpally represents a strategic location that aligns with the city's growth trajectory. This acquisition will enable us to develop a high-quality housing project that meets the growing demand for residential properties in the area.”
Godrej Properties plans to develop a housing project on the acquired land parcel. The project is expected to have a significant revenue potential of Rs 3,800 crore. The company is known for its commitment to sustainable and innovative development practices, which will be reflected in the new project.
Hyderabad has been a focal point for real estate development in recent years due to its robust economy, favorable government policies, and a growing population. The city's infrastructure development, including the expansion of the metro rail and road networks, has further enhanced its appeal to both residents and investors. Godrej Properties' acquisition of this prime land parcel is a testament to the company's confidence in the market and its strategic vision for growth.
Godrej Properties is one of the leading real estate developers in the country, known for its high-quality residential and commercial projects. The company has a strong track record of delivering projects on time and exceeding customer expectations. This latest acquisition in Hyderabad is expected to further solidify Godrej Properties' position in the market and contribute to its long-term growth and success.
The acquisition of the 7.825-acre land parcel in Kukatpally is a significant milestone for Godrej Properties. It not only aligns with the company's strategic goals but also positions it to capitalize on the growing demand for residential properties in Hyderabad. With an estimated revenue potential of Rs 3,800 crore, the project is poised to be a major success and a valuable addition to Godrej Properties' portfolio.
Frequently Asked Questions
What is the size of the land parcel acquired by Godrej Properties in Hyderabad?
Godrej Properties has acquired a 7.825-acre land parcel in Kukatpally, Hyderabad.
How much did Godrej Properties bid for the land in Kukatpally?
Godrej Properties bid Rs 547.75 crore for the land parcel in Kukatpally, Hyderabad.
What is the estimated revenue potential of the project?
The estimated revenue potential of the project is Rs 3,800 crore.
Who is the CEO of Godrej Properties?
Gaurav Pandey is the MD & CEO of Godrej Properties.
Why is Kukatpally a strategic location for real estate development?
Kukatpally, also known as KPHB, is a prime location in Hyderabad that aligns with the city's growth trajectory and is rapidly developing, making it a strategic choice for real estate development.
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