1. Is this the official Neopolis or HMDA website?
No. This is an independent guide to the Neopolis layout. For official information, visit hmda.gov.in.
2. What is Neopolis?
Neopolis is a planned high-rise residential layout in Kokapet, Hyderabad, spread across about 530 acres. It was developed by the Hyderabad Metropolitan Development Authority (HMDA), which built the roads and utilities and then sold plots to private developers through public e-auctions.
3. Is Neopolis a gated community?
No. Neopolis is an open, government-planned layout. It contains several independently developed gated communities, but the layout as a whole is not gated. Each project has its own entry, security and amenities.
4. Who develops Neopolis?
HMDA handles the layout infrastructure, meaning roads, utilities, zoning and approvals. Private developers such as My Home Constructions, Prestige Group, Brigade Group and Sattva build the individual residential projects on plots they buy at auction.
5. Where is Neopolis located?
It’s in Kokapet, in Hyderabad’s western corridor, just off the Outer Ring Road. The Financial District and Gachibowli are roughly 10 to 15 minutes away, and the airport is reachable via the ORR.
6. Why is land in Neopolis so expensive?
Demand from developers has pushed auction prices up sharply. Plots in Kokapet went for around ₹14 crore per acre in 2007 and crossed ₹100 crore per acre in later rounds, with a reported record of about ₹151 crore per acre in the late-2025 auction. The drivers are proximity to the Financial District, planned infrastructure and unlimited Floor Space Index (FSI), which lets developers build taller.
Projects and Prices
7. Which projects are available in Neopolis?
Current and upcoming projects include My Home Nishada, Prestige Clairemont, Brigade Neopolis, My Home Grava, My Home Life Hub, Sattva Lake Ridge and Rajapushpa. See our Projects page for details on each.
8. What apartment sizes are available?
Most projects here are premium and luxury 3 and 4 BHK homes, with sizes generally running from about 1,900 sq. ft. to over 4,600 sq. ft. Some projects also offer larger 5 and 6 BHK duplexes.
9. What do apartments cost in Neopolis?
Rates in ongoing projects have generally been quoted in the range of about ₹9,000 to ₹13,000 per sq. ft., which varies by developer, tower, floor and view. Prices change often, so ask for the current rate along with all additional charges, covering parking, clubhouse, GST, corpus fund and registration.
10. Are the apartments ready to move in?
Not yet. Most projects are under construction. My Home Nishada is the most advanced. Check each project’s RERA completion date and current construction status before you plan a move.
Buying, RERA and Legal
11. How do I check whether a project is RERA-registered?
Visit rera.telangana.gov.in and search by project or promoter name. The listing shows approved plans, the completion date and complaints filed. Never pay a booking amount for a project that has no RERA registration.
12. What is a “pre-launch” offer, and is it safe?
Pre-launch means the developer is marketing before the project is RERA-registered. Under RERA rules, a project cannot legally be advertised, marketed or booked until registration is granted. Pre-launch prices may look attractive, but you have no RERA protection if the project is delayed or changed. Wait for registration.
13. What documents should I check before buying?
- The project’s RERA registration and approved plans
- HMDA building plan approval and the layout approval
- Title documents and an Encumbrance Certificate (EC)
- The builder-buyer agreement, checked by your own lawyer
- The carpet area stated in the agreement, not just the super built-up area
14. Can NRIs buy property in Neopolis?
Yes. NRIs can buy residential property in India under RBI rules. Most developers here handle NRI bookings and remote documentation. Payments must come through NRE, NRO or FCNR accounts or normal banking channels.
15. Are home loans available?
Yes. Most major banks and housing finance companies fund RERA-registered projects from established developers. Loan approval depends on your eligibility and the project’s approvals.
Location and Connectivity
16. How is public transport in Neopolis?
It’s limited at the moment. Most residents drive. The proposed Metro Neo corridor and the trumpet interchange are expected to improve access, but timelines haven’t been confirmed.
17. Is Neopolis affected by GO 111?
GO 111 restricted development in the catchment area of the Osman Sagar and Himayat Sagar lakes, and the state has since moved to relax it. The Neopolis layout itself was planned and auctioned by HMDA for high-rise development. For any specific plot or project, confirm the zoning status with HMDA and the project’s approvals before buying.
18. What’s nearby?
Schools such as Oakridge, Indus and Rockwell, hospitals such as Continental, AIG and Care, and malls including Sarath City Capital and Inorbit are within a short drive. The Financial District, Gachibowli and HITEC City are the nearest employment hubs.
Investment
19. Is Neopolis a good investment?
Kokapet has seen strong appreciation, supported by the Financial District’s proximity and HMDA’s planning. That said, entry prices are already high, most projects are under construction, and a lot of supply is arriving at once. Compare rental yields and resale trends, and speak to a financial adviser before committing. This site does not give investment advice.
20. What’s the rental potential?
Demand comes mainly from professionals working in the Financial District and Gachibowli. Premium 3 and 4 BHK homes serve a narrower rental market than mid-segment apartments, so check current rents for comparable properties before assuming a yield.