HMDA's Kokapet Neopolis land auctions in 2025 have raked in over ₹3,708 crore across three phases, with average prices jumping 87% to ₹137.36 crore per acre from 2023 levels. The upcoming Golden Mile auction on December 5 promises even higher bids in this hot Rangareddy spot, drawing top developers amid booming demand near Hyderabad's Financial District.
Hyderabad's real estate surges with the final Neopolis Kokapet auction of two parcels on December 3, 2025, after record ₹151.25 crore per acre sales, followed by Golden Mile on December 5. Building on ₹2,708 crore from prior phases, these events signal continued price escalation in premium layouts.
HMDA's Neopolis Kokapet auctions shatter records with a 4.03-acre plot at ₹151.25 crore per acre, pushing total revenue past ₹2,708 crore. This surge cements Neopolis as India's top urban land spot, averaging ₹142.83 crore per acre amid fierce developer bids.
HMDA's post-hiatus land auction saw zero sales across 93 plots in Rangareddy districts. Sky-high upset prices (₹35k-₹1.75L/sq yd) deterred bidders, signaling market strain amid Telangana's revenue targets.
Kokapet is witnessing a surge in demand for non-branded bungalows, attracting both locals and migrants, thanks to its competitive pricing and convenient location.