Cascades Neopolis Developers Win Telangana's High-Value Land Bid

The​‍​‌‍​‍‌​‍​‌‍​‍‌ real estate market of Hyderabad experienced a monumental event as GHR Infra, Lakshmi Infra, and Urbanblocks Realty came together to purchase Neopolis Plot 15, a 4.03-acre plot located at the northeast corner of the area, for Rs 151.25 crore per acre.

This offer made under Phase 3 of the Hyderabad Metropolitan Development Authority (HMDA) auction, represents the second-highest land price in Telangana and is a clear indication that the developers are consolidating their position in one of the most rapidly expanding luxury corridors of the city.

Key Highlights

• Neopolis Plot 15 sold at Rs 151.25 crore per acre, Telangana’s second highest bid.
• Cascades Neopolis to feature five 63-storey ultra-luxury towers.
• Project guided by global experts, aiming for a 2030 handover.

The acquisition is a major move of the developers to their flagship project, The Cascades Neopolis, an ultra-luxury residential project worth Rs 3,169-crore.

The next generation residential project utilizing the area of two adjacent plots of land, Plot 14 and Plot 15, will be the first in the city to have 5 towers each with 63 storeys and a height of 217 metres along with the fusion of contemporary design and the green initiative and the home automation.

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The development is supported by consultation from the world-class experts such as UHA London (concept architecture), Coopers Hill Singapore (landscape design), Studio HBA Singapore (interiors), Buro Happold UK (structural engineering) and Quintessentially (concierge services).

The Cascades Neopolis scheduled for delivery in March 2030 is poised to transform the luxury residential landscape in Hyderabad by delivering modern urban living integrated with wellness, lifestyle amenities, and global standards of service thereby positioning Neopolis as the foremost residential hub in the ​‍​‌‍​‍‌​‍​‌‍​‍‌city.