Earlier Neopolis phases began with upset prices of Rs 35 crore per acre but fetched bids in the Rs 60–100 crore range.
Published Nov 19, 2025 | 8:00 AM ⚊ Updated Nov 19, 2025 | 8:00 AM
Representational image. Credit: iStock
Synopsis: HMDA’s pre-bid meeting for Kokapet Neopolis Phase-III and Moosapet land parcels drew over 100 top developers including Godrej, My Home and Sattva. 44 acres with unlimited FSI and upset prices up to ₹99 crore/acre will be e-auctioned from 24 Nov–5 Dec. This is expected to generate up to Rs 5,000 crore for Telangana’s infrastructure and metro projects.
Hyderabad’s real estate ecosystem turned out in full force for the Hyderabad Metropolitan Development Authority (HMDA)’s pre-bid meeting for the high-stakes e-auction of prime land parcels in Kokapet and Moosapet, including the marquee Neopolis Phase-III plots and a premium Golden Mile Road parcel.
The meeting, held on Monday, 17 November, at the T-Hub auditorium in Raidurgam, drew over 100 developers, builders, corporates and investors—reflecting the city’s appetite for high-value land assets and confidence in its rapidly expanding development landscape.
Senior HMDA officails, including commissioner Sarfaraz Ahmad, Joint Metropolitan Commissioner & Estate Officer R. Upender Reddy, Chief Engineer Ravinder, Chief Planning Officer Ravinder Reddy, Deputy Collector Sudarshan, and engineering officials Appa Rao and Ravinder (Dy. EE), attended the session.
Real estate head honchos attend
The event drew wide representation from top national and regional developers and corporates—including Godrej, Sattva, My Home, Brigade, GHR, Megha Engineering, MSN and several others signalling that Neopolis Phase-III is Hyderabad’s next big development milestone.
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The HMDA is offering 44 acres across Kokapet and Moosapet, with e-auctions scheduled in phases between 24 November and 5 December.
The biggest draw is Neopolis Phase-III in Kokapet, a 27-acre flagship greenfield project spread across six prime parcels (Survey Nos. 239 and 240) in Gandipet mandal.
With unlimited FSI, no height caps (beyond AAI norms) and top-tier infrastructure—including 45-metre arterial roads, a dedicated power substation and a water reservoir—the plots are among the most coveted in the state.
Plot details:
Plot 15: 4.03 acres
Plot 16: 5.03 acres
Plot 17: 4.59 acres
Plot 18: 5.31 acres
Plot 19: 4.00 acres
Plot 20: 4.04 acres
Each parcel carries a steep upset price of Rs 99 crore/acre, mirroring Kokapet’s transformation from peripheral outpost to a Rs 100-crore-plus premium zone. Earlier Neopolis phases began with upset prices of Rs 35 crore per acre but fetched bids in the Rs 60–100 crore range.
Complementing the Neopolis cluster is a 1.98-acre plot in Kokapet’s Golden Mile Layout (Survey Nos. 116 & 117), priced at Rs 70 crore/acre. Its location—minutes from the Financial District—makes it a strong contender for boutique commercial or luxury residential development.
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In Moosapet, Kukatpally mandal, HMDA has put up two large parcels near the Balanagar Y-Junction—one 11.48-acre plot and another of 3.18 acres (Survey Nos. 121–141, 146, 147, 155–157). They have Rs 75 crore/acre as upset price.
The e-auction will be conducted by MSTC Limited:
Neopolis plots: November 24, November 28, December 3
Golden Mile & Moosapet plots: December 5
A uniform Rs 5 crore Earnest Money Deposit (EMD) is required per plot, regardless of acreage.
For Telangana, the stakes are high. The government expects revenues of up to Rs 5,000 crore, though aggressive bidding could drive prices close to Rs 150 crore per acre. The proceeds are likely to play a crucial role in funding infrastructure, metro expansion and flood-mitigation projects at a time when the state is navigating a tight fiscal environment within its Rs 2.5 lakh crore annual budget.
(Edited by Amit Vasudev)
