Hyderabad’s real estate market is set for another record-breaking chapter as Plots 17 and 18 in the prestigious Neopolis Kokapet venture go under the hammer. The Hyderabad Metropolitan Development Authority (HMDA) has confirmed that both plots will be auctioned on November 24 at 11 a.m., drawing sharp interest from over 85 top developers, realty groups, and corporate investors.
Part of the highly anticipated Phase 3 auction, Plots 17 (4.59 acres) and 18 (5.31 acres) are located in one of the city’s fastest-growing investment corridors, with superb connectivity to the Financial District and ready infrastructure for high-rise commercial or mixed-use projects. The upset price for each Neopolis parcel is pegged at ₹99 crore per acre—a sign of their premium value and big-ticket bidding expected during the online auction.
Pre-auction meetings at T-Hub highlighted the transparent, secure bidding process conducted by MSTC Private Limited. Real estate leaders from Godrej, Brigade, Sattva, My Home, and more are poised to compete for these coveted parcels, with industry analysts predicting that auction prices could surpass previous records and spark further appreciation across Hyderabad’s western zone.
Recent phases in Neopolis have seen aggressive bidding, with land prices steadily climbing and plots quickly snapped up for ambitious urban developments. Experts believe that the sale of Plot 17 and 18 will fuel a new wave of iconic commercial and lifestyle projects, contributing to the transformation of Kokapet into a cosmopolitan hub.
Stay tuned for auction results and developer announcements, as Hyderabad’s land boom continues to redefine the city’s skyline and investment landscape.
