04-12-2025 12:00:00 AM
The Hyderabad Metropolitan Development Authority (HMDA) has achieved a major milestone in the Neopolis auction series, with the cumulative value realized from all three phases now reaching Rs 3708 crore. The third phase held on 03 December 2025 added further strength to the overall performance. In this round, Plot 19 was secured by Yula Constructions LLP and Globus Infracon LLP at a valuation of Rs 131 crore per acre, followed by Plot 20 which was secured by Brigade Enterprises Limited at a valuation of Rs 118 crore per acre.
While the individual valuations in the third phase were modest in comparison to the exceptional numbers achieved in the earlier rounds, the combined effect across phases has been remarkable. The revised average pricing for the Neopolis auctions now stands at Rs 137.36 crore per acre. This represents an exceptional increase of approximately 87% over the previous Neopolis auction cycle in 2023 and reflects the rapid strengthening of market confidence in the location.
With Neopolis posting consistent value enhancement across all phases, attention now turns to the upcoming auction at Golden Mile scheduled for 05 December which is expected to attract continued interest from the development community.