

GHR Infra, Lakshmi Infra and Urbanblocks Realty have strengthened their footprint in Hyderabad’s rapidly expanding Neopolis corridor by securing a prime 4.03 acre land parcel at a significant valuation of ₹151.25 crore per acre. The bid, placed during the Hyderabad Metropolitan Development Authority’s Phase 3 auction, stands as the second highest ever recorded in Telangana, underscoring the growing investor confidence in the state’s premium real estate micro-markets.
The Neopolis region, located close to Hyderabad’s thriving financial district, has emerged as one of the city’s most sought-after real estate destinations. With superior connectivity, large-scale infrastructure projects and a strong influx of corporate investments, Neopolis continues to draw leading developers eyeing long-term growth opportunities. For the GHR Infra consortium, this acquisition is not only a strategic expansion but also a continuation of their growing commitment to shaping high-value residential and commercial assets in the region.
Earlier in June, the consortium launched The Cascades Neopolis, an ultra-luxury residential project worth ₹3,169 crore, featuring five 63 storey towers. The development has already attracted strong interest from homebuyers, investors and industry partners, further positioning Neopolis as one of Hyderabad’s most dynamic realty hotspots. With the latest land acquisition, the consortium aims to extend its presence and contribute to Neopolis’ architectural and urban evolution.
In a statement, the developers reiterated their vision for creating sustainable, wellness-focused and design led environments that complement the city’s rapid transformation. They noted that detailed development plans for the newly acquired plot are underway and will align with the consortium’s long term commitment to high quality urban development.
The latest transaction not only signals robust demand for marquee land parcels but also reflects the broader momentum in Hyderabad’s real estate market, which continues to outperform several Indian metros in both price appreciation and sales velocity.
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