Hyderabad’s real estate market has recorded a significant milestone as Kokapet, one of the city’s fastest-growing premium corridors, achieved an unprecedented land price of up to ₹137 crore per acre in the latest land auctions. The Hyderabad Metropolitan Development Authority (HMDA) recently conducted an e-auction for the Neopolis Layout, where two major parcels witnessed aggressive bidding from developers.
According to official auction outcomes, Plot 17 spanning 4.59 acres was sold at around ₹136.50 crore per acre, while the lake-facing Plot 18, measuring 5.31 acres, received a record bid of ₹137.25 crore per acre. Together, the two plots generated more than ₹1,355 crore in revenue for HMDA. These prices significantly exceeded the base value of ₹99 crore per acre, highlighting the robust investor confidence in Kokapet’s long-term economic potential.
This surge in valuations marks a sharp rise compared to earlier Neopolis auctions, where average rates hovered around ₹73 crore per acre. The increase reflects nearly an 87% jump in two years, positioning Kokapet among the highest-valued real estate destinations in the country. Developers attribute this trend to Kokapet’s strategic proximity to the Financial District, IT hubs, and upcoming infrastructure projects such as improved road networks and new commercial developments.
Industry observers note that Kokapet continues to attract both national and regional real estate firms due to its planned urban layout, large land parcels and connectivity advantages. The strong response in the latest auction indicates sustained demand for premium commercial and mixed-use development zones within Hyderabad.
HMDA is expected to conduct additional auctions in the coming months, including more plots in Neopolis and adjacent layouts. Given the current momentum, real estate analysts anticipate continued competitive bidding and the possibility of further record-breaking prices.
Hyderabad’s consistent growth, business-friendly ecosystem and expanding infrastructure have collectively reinforced Kokapet’s position as a major real estate investment hotspot. The latest auction results serve as another indicator of the city’s rising prominence in the national property market.
