HMDA auctions Kokapet plot at ₹115 crore an acre
HYDERABAD: The Hyderabad Metropolitan Development Authority (HMDA) received a strong response from bidders for valuable plots in the Neopolis layout and Golden Mile Site-1 in Kokapet, Gandipet mandal, Rangareddy district, during e-auctions held on September 9, 2026.
Golden Mile plot draws highest bid of ₹115 crore per acre
A 0.70-acre plot at Golden Mile Site-1 drew the strongest response. Against the proposed upset price of ₹70 crore per acre, the highest bid stood at ₹115 crore per acre.
The bidding response reflects continued demand for plots in strategically located areas of western Hyderabad.
Neopolis plot receives bid of ₹120 crore per acre
Plot No. 17 in the Neopolis layout, spread over 4.59 acres, received a single bid. The bid was placed at ₹120 crore per acre.
Both plots are located in strategically important parts of Kokapet and have connectivity to key destinations, including the Outer Ring Road (ORR), Financial District, Gachibowli and HITEC City.
Their location in Hyderabad’s developed western growth corridor is expected to add to their appeal for real estate development and investment.
