Hyderabad,
December 19, 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 ft road frontages, at the highest bid of ₹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 ₹177 crore per acre.
This successful bid further consolidates the developers’ presence in Neopolis, Hyderabad’s futuristic and most closely watched growth corridor. In June this year, they announced the launch of "The Cascades Neopolis," a ₹3169-Crore luxury residential project that is set to redefine opulent living in Hyderabad. This project, with its five 63-storey towers and 217m in height, is poised to become an iconic landmark, offering a sublime blend of contemporary design, sustainable living, and home automation systems. Since the launch, it has seen strong reception from homebuyers and channel partners, who recognise Neopolis as the next address for high-rise luxury living in Hyderabad.
“As
responsible and visionary realty developers, with this second successful bid in
Neopolis, we aim to further strengthen our vision for Neopolis and contribute
to this beautiful city, which is certainly ready for realty that prioritises
wellness, sustainability, and design excellence. Three sides of open views,
north-east corner land parcel, dual 150 ft road frontages, easy access, and
ultra-urban context make Neopolis Plot 15 (our newly acquired land parcel) a
rare canvas on which we can explore differentiated product configurations and
deepen our commitment to future-ready realty. Master planning and concept
development for Plot 15 are currently in progress. Details of the proposed
mixed-use development, configurations, and timelines will be shared after
design finalisation and completion of statutory processes,” read a joint
statement released by Mr. Karteesh Reddy M (representing GHR Infra), Mr.
Lakshmi Narayana G (representing Lakshmi Infra), and Mr. Sharat V,
(representing Urbanblocks Realty).
For
the uninitiated, in August 2023, the same developers created a joint
consortium, GHR Lakshmi Urbanblocks Infra LLP, which had won the bid for Plot
14 in Neopolis, a sprawling 7.34 acres land parcel for ₹70 crore per acre. The
Cascades Neopolis, the mega residential project is being built at the same
location with targeted handover to buyers by March 2030. After extensive
research, the leading global realty consultants, UHA London (Concept
Architect), Coopers Hill Singapore (Landscape Architect), Studio HBA Singapore
(interior design – amenities), Buro Happold (UK) (Structural Engineering), and
international concierge services by Quintessentially were roped in with a
vision to create a masterpiece, especially in the areas of social spaces,
wellness, lifestyle, architecture, engineering, landscaping, interiors, and
concierge services.
About
GHR Lakshmi Urbanblocks Infra LLP: GHR Lakshmi
Urbanblocks Infra LLP is a dynamic joint consortium formed by three seasoned
developers – GHR Infra, Lakshmi Infra, and Urbanblocks Realty. Each developer
brings high trust, a strong track record, and extensive expertise in
Hyderabad’s real estate landscape – they are collectively committed to
delivering iconic and sustainable developments that redefine urban living. The
launch of The Cascades, their first project, aligns perfectly with Hyderabad's
impressive real estate market, particularly within the luxury segment. The
project aims to be unlike no other and will be a testament to harmonious blend
of luxury, technology, sustainability, and an evolved and enriching lifestyle.