Hyderabad Premium Housing Draws Major Developer Interest
Godrej Properties has recorded residential sales worth ₹2,600 crore within its first year of entering Hyderabad, underscoring the city’s growing appeal as a premium housing destination and highlighting broader shifts in India’s urban real estate landscape.
The developer entered the Hyderabad market earlier this year with two residential projects located in Kokapet, a rapidly developing western corridor known for its proximity to employment hubs and modern infrastructure. Industry observers say the swift sales performance reflects strong end-user demand for well-planned housing in cities offering a balance of affordability, connectivity, and quality of life. A senior company official said the Hyderabad premium housing market presents “significant long-term potential”, driven by steady job creation in technology and services, relatively lower congestion compared to other metros, and a regulatory environment that supports planned growth. The city has increasingly attracted homebuyers seeking larger homes and better amenities without the price pressures seen in Mumbai or Bengaluru.
Encouraged by early traction, the developer is expanding its footprint through land acquisitions. It recently secured a five-acre parcel in Neopolis, Kokapet, through a public auction conducted by the metropolitan development authority. The site is expected to host a high-density residential project with an estimated revenue potential exceeding ₹4,000 crore. Another land acquisition in Kukatpally further signals confidence in Hyderabad’s residential absorption capacity. Urban planners note that such investments are reshaping Hyderabad’s built environment. Large-scale housing developments, when aligned with public transport, water management, and energy-efficient construction, can support more sustainable urban expansion. “The challenge is ensuring that growth does not strain civic infrastructure or exclude middle-income households,” an urban development expert said.
Across its national portfolio, the company reported double-digit growth in housing sales during the first half of the financial year and remains on track to meet its annual targets. Like several large developers, it is actively adding land through outright purchases and joint development agreements, while also expanding plotted developments in tier-two and tier-three cities. Hyderabad’s emergence as a preferred destination for premium housing reflects a wider trend in Indian cities, where buyers are prioritising liveability, greener neighbourhoods, and long-term value over speculative gains. If managed responsibly, this momentum could help the city grow in a more inclusive and climate-resilient manner, supporting sustainable urban living rather than unchecked sprawl.
Hyderabad Premium Housing Draws Major Developer Interest
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