Godrej Properties Secures 7.82-Acre Land in Hyderabad for Rs 550 Crore
Godrej Properties has secured a 7.82-acre land parcel in Kukatpally, Hyderabad, for Rs 547.75 crore through a competitive e-auction conducted by the Telangana Housing Board. The company plans to develop a high-revenue housing project on the site, with an estimated potential of Rs 3,800 crore.
Godrej PropertiesReal EstateHyderabadLand AcquisitionKukatpallyReal EstateAug 21, 2025
The land acquisition is a significant step for Godrej Properties, as it aligns with the company's strategic growth plans in the dynamic real estate market of Hyderabad. According to Gaurav Pandey, MD & CEO of Godrej Properties, Kukatpally represents a prime location that aligns with the city's growth trajectory.
Hyderabad, known for its robust IT sector and burgeoning real estate market, continues to attract major developers and investors. The city's infrastructure development, including improved connectivity and amenities, has made it a preferred destination for residential and commercial projects.
Godrej Properties plans to develop a high-revenue housing project on the acquired land. The estimated revenue potential of this project is Rs 3,800 crore, which underscores the company's confidence in the market's future growth. The project is expected to cater to the growing demand for residential units in the area, providing modern living spaces with all necessary amenities.
The Telangana Housing Board will issue the allotment letter to Godrej Properties following the due process. This acquisition is a testament to Godrej Properties' commitment to expanding its footprint in key markets and delivering high-quality projects that meet the evolving needs of homebuyers.
Godrej Properties is one of the leading real estate developers in India, known for its innovative projects and customer-centric approach. The company has a strong portfolio of residential, commercial, and integrated townships across major cities in the country. This latest acquisition in Hyderabad is expected to further strengthen its market position and contribute to its long-term growth strategy.
Frequently Asked Questions
What is the size of the land parcel acquired by Godrej Properties in Hyderabad?
The land parcel acquired by Godrej Properties in Kukatpally, Hyderabad, is 7.82 acres.
How much did Godrej Properties bid for the land?
Godrej Properties bid Rs 547.75 crore for the 7.82-acre land parcel in Kukatpally, Hyderabad.
What is the estimated revenue potential of the project on the acquired land?
The estimated revenue potential of the project on the acquired land is Rs 3,800 crore.
Who conducted the e-auction for the land?
The e-auction for the land was conducted by the Telangana Housing Board (TGHB).
What is the significance of the Kukatpally location for Godrej Properties?
Kukatpally is a strategic location in Hyderabad that aligns with the city's growth trajectory and is expected to cater to the growing demand for residential units.
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