Godrej Project Kukatpally Hyderabad! Everything You Need to Know
Godrej Properties Ltd. has significantly expanded its presence in Hyderabad’s real estate market by acquiring a 7.8-acre land parcel in Kukatpally for ₹547.75 crore . This acquisition, secured through an e-auction conducted by the Telangana Housing Board (TGHB), marks a strategic move for the Mumbai-based developer.
Godrej Properties in Kukatpally Hyderabad
The land, located in Kukatpally (KPHB), is near Hyderabad’s prominent IT corridor, HITEC City, making it a highly desirable location for residential development . Godrej Properties in Hyderabad plans to develop a premium residential project on this parcel, with an estimated revenue potential of ₹3,800 crore. This revenue potential represents the anticipated total sales value from the project, not the land’s purchase price. The project will feature premium apartments with varied configurations, catering to the growing demand for high-end, amenity-rich homes in the city.
Kukatpally is an established residential hub known for its strong social infrastructure and excellent connectivity . This acquisition reinforces Godrej Properties’ commitment to Hyderabad, building on the success of their previous projects in the city, such as Godrej Madison Avenue at Kokapet and Godrej Regal Pavilion at Rajendranagar. Gaurav Pandey, MD & CEO of Godrej Properties, highlighted Kukatpally’s strategic importance, aligning with Hyderabad’s growth trajectory and allowing the company to leverage its national expertise for future-ready developments.
The real estate market in Hyderabad, particularly the premium housing segment (homes priced at ₹1.5 crore and above), has shown robust growth. In the first half of 2025, premium housing sales jumped 17% year-on-year to 8,205 units, with the ₹1.5–3 crore segment seeing a 28% increase compared to H1 2024. This surge is attributed to limited inventory, increasing affluence among technology professionals, and a preference for larger homes with high-end amenities. While the Western Suburbs (Kokapet, Puppalguda, Narsingi, Kondapur) currently dominate the high-end market due to their proximity to HITEC City and the Financial District, Northern suburbs like Kompally, Bachupally, Miyapur, and Kollur are predicted to emerge as strong contenders in the coming years, driven by infrastructure upgrades and planned social amenities. The auction for the Kukatpally land parcel saw intense bidding, with Godrej Properties securing it at ₹70 crore per acre, significantly above the Telangana Housing Board’s upset price of ₹40 crore per acre, indicating a robust property market. The proceeds from this sale are intended to fund affordable housing schemes and Indiramma housing for economically weaker sections.