Godrej Properties Wins Rs. 3,800 Cr Project in Hyderabad

Godrej Properties rose 2.28 percent to Rs. 2,087.60 after announcing that it has emerged as the highest bidder for a 7.825-acre residential land parcel in Kukatpally (KPHB), Hyderabad.

The project, awarded through an e-auction conducted by the Telangana Housing Board (TGHB), carries an estimated revenue potential of Rs. 3,800 crore. The company submitted a winning bid of Rs. 547.75 crore, confirmed by MSTC, the e-auction facilitator. An allotment letter will be issued by TGHB once formalities are completed. The parcel, located near HITEC City, will be developed into premium residential apartments with varied configurations, further strengthening Godrej Properties’ footprint in Hyderabad.

Key Highlights

• Godrej Properties wins Kukatpally land parcel in Hyderabad via TGHB e-auction
• Project has Rs. 3,800 crore revenue potential with premium housing
• Strengthens presence in Hyderabad after Kokapet & Rajendranagar launches

This acquisition builds on the success of the company’s recent launches, including Godrej Madison Avenue at Kokapet and Godrej Regal Pavilion at Rajendranagar. Kukatpally is among Hyderabad’s most established residential corridors, offering a robust ecosystem of schools, healthcare, retail, and commercial hubs, with excellent connectivity to HITEC City, a major employment hub.

Commenting on the deal, Gaurav Pandey, MD & CEO, Godrej Properties, said the “Kukatpally location aligns with Hyderabad’s growth trajectory and the company’s strategy of bringing national-scale expertise to create future-ready developments that deliver long-term value.”

Also Read: Godrej Properties Posts Record Rs. 600 Cr Profit in Q1 FY26

Godrej Properties, the real estate arm of the Godrej Group, operates across multiple cities with a portfolio spanning residential, commercial, and township projects. Despite reporting a 41.2 percent fall in net sales to Rs. 434.56 crore in Q1 FY26, its consolidated net profit rose 15.4 percent to Rs. 600.12 crore, reflecting resilient operational efficiency.