Hyderabad, Aug. 11 -- The Hyderabad Metropolitan Development Authority (HMDA) is set to auction prime land in the Neopolis and Golden Mile layouts of Kokapet.

The upset price for land in Neopolis has been fixed at Rs 120 crore per acre, while the minimum bidding price for plots in the Golden Mile layout is Rs 70 crore per acre.

High bids expected for land in Hyderabad's Kokapet

The HMDA had previously auctioned land in Neopolis in December 2025, generating around Rs 1,000 crore.

During that auction, one land parcel fetched Rs 131 crore per acre, while another was sold for Rs 118 crore per acre. In three earlier auctions held in different phases, the metropolitan authority had earned around Rs 3,708 crore.

Land parcels in several area...