SOBHA is building in Neopolis, the HMDA-planned township in Kokapet on the west side of Hyderabad, under the project name SOBHA Neopolis Kokapet. The developer is a Bengaluru-headquartered group with a long record of residential delivery, and this is its presence in one of the few large, government-planned high-rise districts in the city. Neopolis is designed around 4 BHK and larger apartments, and the locality average sits at about ₹13,000 per sq ft as of November 2026.
SOBHA was founded in 1995 by P N C Menon and is headquartered in Bengaluru. Over three decades it has built residential projects across South India and in other Indian cities, and it is known for manufacturing much of its own fittings and fixtures in-house, which gives it direct control over finishing quality and delivery schedules. Its Neopolis project follows the same pattern of large, self-contained residential towers rather than small infill developments.
The choice of site matters. Neopolis is a master-planned layout of about 530 acres inside Kokapet, developed by the Hyderabad Metropolitan Development Authority for high-rise living with commercial and social infrastructure alongside. The land carries a Multiple Use Zone classification with no FSI restriction, which is why the district has attracted a concentration of large residential launches rather than scattered plots.
The locality is in an active pipeline phase. Fourteen residential projects covering about 123 acres and roughly 11,485 apartment units are planned or under way here, so SOBHA is one of several large developers in the same district. Buyers comparing SOBHA's offering should look at the locality pricing alongside the project's own terms.
| Reference point | Figure (as of Nov 2026) |
|---|---|
| Neopolis average price | About ₹13,000 per sq ft |
| Neopolis price range | ₹9,000 to ₹17,500 per sq ft |
| Kokapet outside the Neopolis core | ₹9,000 to ₹13,000 per sq ft |
| Rental yield nearby | 3.5% to 4.5% a year |
Land values have moved sharply. HMDA auctions in Kokapet and Neopolis have reached record per-acre prices, including up to ₹137.25 crore per acre in November 2025 for Plot 17, and the average auction round rose from about ₹40 crore per acre in July 2021 to about ₹73 crore per acre in August 2023. A July 2026 market analysis reports Kokapet pricing rising from roughly ₹4,000 per sq ft in 2019 to around ₹12,000 in 2026.
The site sits close to the Outer Ring Road. The trumpet interchange with the ORR is about two minutes away, and Shankarpally Road is about three minutes away. A dedicated trumpet interchange under development by HMDA is expected to give a more direct route in and out of Neopolis.
Neopolis has no operational metro station yet. The Raidurg to Kokapet Neopolis extension is a proposed 11.6 km Blue Line route with eight stations. Its Phase II detailed project report was submitted on 7 May 2026 and awaits central approval, and industry analysis points to commercial operations around 2029 to 2030. A proposed 160 km Outer Ring Road Metro Ring Corridor would also pass through Kokapet, though it remains at proposal stage.
Schools in the area include Oakridge International School, which offers IB and IGCSE programmes about 5 to 6 km away, Glendale Academy International next to Neopolis, and Delhi Public School in Khajaguda, about 8 km away. Phoenix Greens International School is about 3 km away and Rockwell International School about 4 km.
For higher education, the Indian School of Business is 8 to 10 km away, IIIT Hyderabad about 10 km, and the Chaitanya Bharathi Institute of Technology about 4 km at Gandipet. The University of Hyderabad is within roughly 8 to 12 km at Gachibowli.
Healthcare options include AIG Hospitals in Gachibowli, roughly 7 to 10 km away, Continental Hospitals at about 5 to 10 km, and KIMS Hospital in Kondapur at about 10 km. Retail includes Sarath City Capital Mall at 8 to 10 km, Atrium Mall in Gachibowli at about 7 km, and Inorbit Mall in Madhapur at about 12 km. Within Kokapet, organised retail is limited, and My Home Life Hub, a 68-acre shopping and office hub, is under construction.
The Financial District is the main employment pull. It has an IT workforce of about 90,000 to 100,000 professionals, and major campuses of Amazon, Wells Fargo, Microsoft and Salesforce operate within 5 to 10 km of the eventual Kokapet metro terminus. Gandipet lake and the Khajaguda hills give the area green surroundings that few older parts of the city can match.
Several public works are planned or under way. HMWSSB has proposed a 226 MLD bulk water supply system and a 45 MLD sewage treatment plant for Neopolis at an estimated cost of around ₹298 crore, and the Telangana government has allotted land for water reservoirs and pumping facilities. More than five acres have been allocated for 400 kV substations. A 2 km, 45 m road linking Neopolis to Shankarpally Road from the ORR has been planned, and HMDA is in early planning for a Phase 4 land auction.
