Hyderabad’s Neopolis Emerges as India’s Hottest Urban Land Market

The Hyderabad Metropolitan Development Authority (HMDA) has successfully completed the second round of Neopolis e auctions held on 28 November 2025, delivering another extraordinary outcome that surpasses the remarkable results achieved in the first round on 24 November. With valuations rising sharply and competition intensifying, Neopolis has now established itself among the highest value urban land destinations in India. The auction featured Plot 15 measuring 4.03 acres and Plot 16 measuring 5.03 acres. Bidding commenced at 11:00 AM and continued with exceptional intensity well beyond 6:30 PM, reflecting the strong interest and competitive depth of developer participation. Plot 15 closed at a valuation of ₹151.25 crore per acre and was secured by Lakshmi Narayana Gummadi, Karteesh Reddy Madgula, Sharat Ventrapragada and Shyam Sunder Reddy Vangala. Plot 16 closed at ₹147.75 crore per acre and was secured by Godrej Properties Limited. Together, the two plots generated ₹1352 crore for the Government of Telangana and added significant momentum to the ongoing auction series. When combined with the revenue from the first round of auctions, the total value realized from the Neopolis auctions now stands at ₹2708 crore. With these record setting outcomes, the revised average value of ₹142.83 crore per acre reflects one of the steepest upward movements witnessed in the Hyderabad land market. The results demonstrate that Neopolis has evolved from an emerging precinct into a clear destination of choice for leading national and regional developers. With two consecutive rounds delivering record valuations, expectations are now high for the upcoming e auctions scheduled on 03 December at Neopolis and 05 December at Golden Mile, which are anticipated to attract equally strong interest from the development community.