
The Hyderabad Metropolitan Development Authority has recorded one of its strongest revenue performances in recent years with the latest round of land auctions at Neopolis in Kokapet. The auction series brought in more than Rs 3,862 crore, reflecting intense participation from investors and a clear rise in demand for premium commercial land parcels in the city. This remarkable revenue achievement represents an eighty seven percent jump compared to last year, making it one of the most successful phases in Hyderabad’s growing urban development story.
The standout moment of the auction came from the sale of a prime one point nine eight acre plot in the Golden Mile zone. The parcel attracted strong bids and was finally secured by COEUS Education Management Private Limited at an exceptional rate of Rs 77.75 crore per acre. The record price reaffirms Neopolis as Hyderabad’s emerging commercial hub where demand continues to rise on the back of improved connectivity, ongoing real estate expansion and sustained interest from corporate and institutional investors.
Across four phases of the Neopolis auctions, HMDA has seen consistent growth which has now culminated in one of the highest revenue figures recorded in Telangana’s urban land market. The strong bidding activity and premium valuations underline the confidence investors have in the long term prospects of Hyderabad’s infrastructure and economic development.
Officials have stated that the revenue generated from these auctions will be directed towards major infrastructure initiatives across the Hyderabad Metropolitan Region. This includes road expansion projects, development of new civic amenities and improvement of public infrastructure that supports the city’s rapid growth. With Hyderabad continuing to evolve as a major commercial and technology destination, such investments are expected to deliver significant regional benefits.
The success of the Neopolis auctions highlights the city’s robust real estate fundamentals and its positioning as a preferred destination for large scale commercial activity. The strong response from investors signals continued momentum in Hyderabad’s property market and a positive outlook for future development in the region.
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