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Hyderabad: The Hyderabad Metropolitan Development Authority (HMDA) is set to launch the third phase of land sales in the premium Neopolis Layout at Kokapet, a move expected to generate massive revenue for the government. This comes after the overwhelming response received in the recent TGIIC land auction at Rayadurgam, prompting officials to put over 25 acres of Kokapet and Neopolis land on sale.

The previous phases of Neopolis and Kokapet land sales have already attracted significant attention from top developers and investors. In the second phase of Neopolis, an acre was sold for a record Rs 100.75 crore through online bidding, and this third phase is projected to generate up to Rs 3,000 crore for 25 acres. The auction

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