Developers of ‘The Cascades Neopolis’ Win Telangana’s Second Highest Land Bid Ever for ₹151.25 Crore Per Acre

Hyderabad, December 11, 2025: GHR Infra, Lakshmi Infra, and Urbanblocks Realty developers further strengthened their realty leadership in Hyderabad by jointly securing Neopolis Plot 15, a premium 4.03-acre northeast corner land parcel with two 150-foot road frontages, at the highest bid of INR 151.25 crore per acre. This bid was part of Phase 3 auction conducted recently by the Hyderabad Metropolitan Development Authority (HMDA). While this is Telangana’s second highest bid till date and the highest ever in Neopolis so far, the only other higher bid the state recorded was in October this year, which was in Raidurg, Hyderabad Knowledge City, at INR 177 crore per acre.