Top Apartment Societies In Hyderabad
Cyber city Hyderabad, with huge employment opportunities, attracts migrants in huge numbers. In effect, the demand for homes never dies down as more and more add to the population numbers of the city. If you also have an interest in buying an apartment in Hyderabad, we list some lucrative options for you.
Nebula Aavaas, Miyapur
Located at Miyapur, Nebula Aavaas is one of the most popular apartment projects in the city. Offering 1 and 2BHK options at a starting range of Rs 12 lakh, the project is scheduled to be delivered in December 2019. The project is spread over an area of 10 acres, and has eight different property configurations to offer. While 1BHKs are sized from 400-650 sqft, 2BHK are more spacious and covers 861-950 sqft of space. The project has been launched in February 2017 and has 2,700 apartments to offer. The unique selling point of this project is the location --Miyapur is one of the hottest residential destinations in Hyderabad, owing to its proximity to the information technology (IT) corridor as well as the Outer Ring Road.
My Home Avatar, Manikonda
My Home Avatar is located at Manikonda and offers 2 and 3BHK apartments, at a starting price of Rs 55 lakh. The project is expected to be completed by March 2020. The spacious apartments offered at this project range between 1,300 and 1,800 sqft. The project is spread over an area of 22 acres and has 1,660 apartments to offer. Equipped with all modern facilities, the project also offers a great social infrastructure. The most attractive feature of this project is its location. Manikonda lies close to other key areas such as Gachibowli and HITEC City.
My Home Bhooja, Madhapur
Considered as a premium property, My Home Bhooja is located at Madhapur and is spread over an area of 17 acres. The project has over 500 apartments to offer and is scheduled for delivery in October 2019. Bhooja offers 3 and 4BHK flats at a starting price of Rs 1.71 crore, with unit sizes ranging from 2,500 to 4,000 sqft. The project lies close to the Old Mumbai Highway and HITEC City, making it a preferable choice for those buyers who are working here.
Provident Housing Kenworth, Rajendra Nagar
Scheduled for possession in April 2020, this project, spread over an area of 20 acres, is being constructed by Tata Project. The project, which will offer buyers 1,000 apartments, is located in the south Hyderabad and lies at a convenient distance from Hyderabad International Airport. It is in proximity to the Outer Ring Road, making travelling easier for daily commuters. The project location also boasts a well-developed social infrastructure. The starting price of a 2BHK at this project is Rs 39.9 lakh while a 3BHK is available for Rs 44 lakh onwards.
Prestige Highfields, Nanakramguda
On offering from a renowned developer in South India, this project has 2, 3 and 4BHK apartments and will be ready for possession by August 2020. There are total 925 apartments in the project which are spread over an area of 21 acres. A 2BHK unit is available at a starting price of Rs 62 lakh while a 3BHK flat is being offered for Rs 84 lakh onwards. The starting price of a 4BHK is Rs 1.32 crore. Owing to its location, the project has attracted end-users and investors equally. It lies in close proximity to the WaveRock SEZ and the Outer Ring Road, making it a comfortable location for those who work in the IT sector.
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To know about top projects to invest in Hyderabad, read on...
Hyderabad is one of the most liveable Indian cities. The infrastructure is good, and there are good educational institutions and hospitals in the city. According to Mercer's quality of Living Report 2015, Hyderabad's rank is 138 among global cities. Hyderabad is ahead of Bengaluru, Pune, Chennai, Mumbai and New Delhi in the quality of living, according to Mercer. Since the formation of the Telangana Government, real estate prices in Hyderabad have been rising. Moreover, the upcoming Metro rail, radial roads, inner ring road, satellite cities and outer ring road will raise real estate prices along the north-south and east-west corridors.
PropGuide lists the top five apartment societies in Hyderabad. These apartment societies are ranked according to the number of units sold during the April-June quarter of 2016.
My Home Bhooja, Madhapur
My Home Bhooja is situated in Madhapur, Hyderabad. This project will be launched soon. By October 2019, apartment units will be ready for possession. The project is spread over an area of 17.8 acres. There are 560 apartment units in this project. The size of the apartments in My Home Bhooja range from 2,595 sq ft to 4,070 sq ft. Some of the amenities in the project are a clubhouse, a 24*7 security system, a power backup facility and a children's play area. Apartment units can be purchased directly from the developer. The price of apartment units ranges from Rs 1.69 crore to Rs 2.65 crore. This project sold 200 units in the April-June quarter. The location is the main factor that drives the sales. Madhapur is located in the centre of Hyderabad, and is encapsulated by reputed educational institutions, hospitals and banks. There are also many IT companies around Madhapur. Moreover, it is situated at a walking distance from the proposed MMTS Hub. These aspects make it a great place to live in.
Also Read: Buying Property In Hyderabad? Keep In Mind The Water Crisis
Kalpataru Residency, Sanath Nagar
Kalpataru Residency, Sanath Nagar will be launched soon. Apartments in this project will be ready for possession by October 2019. The project sprawls over an area of 5.47 acres. There are 260 apartments in Kalpataru Residency. The size of apartment units ranges from 1,265 sq ft to 1,895 sq ft. The project has modern amenities like a gymnasium, a swimming pool, landscaped gardens, intercom facility, a clubhouse, a cafeteria, a jogging track, power backup systems, indoor games and sports facilities. The price of apartment units ranges from Rs 53.8 lakh to Rs 80.5 lakh. In April - June quarter, 160 units were sold. Sales are high because the project is well connected to the MMTS Station at Sanath Nagar.
Also Read: Buying Property In Hyderabad? Keep In Mind The Water Crisis
My Home Vihanga, Gachibowli
My home Vihanga, Gachibowli is currently under construction. The project was launched in July 2013. The apartment units will be ready for possession by December 2016. The project is spread over an area of 21 acres. There are 1, 996 apartment units in this project. The size of apartment units ranges from 1, 115 sq. ft. to 2, 160 sq. ft. Apartments in My home Vihanga can be directly purchased from the developer, or through resale. The amenities includes a gymnasium, a swimming pool, a children's play area, a club house, sports facilities, rainwater harvesting system, intercom facility, a 24*7 security system, a jogging track, power back-up facility, landscaped gardens and indoor games facilities. The price of apartment units will be made available on request. In April- June quarter, the number of units sold was 56. This is a great place to live in, especially for IT professionals. Accenture, Microsoft, TCS and Amazon have offices in the neighbourhood. The price of residential apartments in Gachibowli are reasonable. It is also a comfortable area to live in.
Also Read: Hyderabad May Generate 1 Lakh Jobs, Boost To Housing Demand
Incor Group One City, Kukatpally
Incor Group One City, Kukatpally is currently under construction. The project was launched in April 2016. Apartment units will be ready for possession by December 2018. The project is spread over an area of 11. 45 acres. There are 511 apartment units in this project. The size of apartments in Incor Group One City range from 1,208 sq ft to 1,931 sq ft. Apartments can be directly purchased from the developer. The project offers amenities such as a gymnasium, a swimming pool, a children's play area, a cafeteria and a jogging track. The price of apartment units ranges from Rs 55.6 lakh to Rs 79.8 lakh. Fifty-five units were sold in the April to June quarter. Kukatpally is situated near Hyderabad's IT hub, and this is the major reason why sales are high. In Kukatpally, water and power supply are good.
Provident Housing Kenworth, Rajendra Nagar
Provident Housing Kenworth is situated in Rajendra Nagar. The project is under construction. It was launched in February 2016, and will be ready for possession by February 2019. The project spread over an area of 20 acres. There are 1, 020 apartment units in the project. The size of apartment units ranges from 928 sq. ft. to 1, 326 sq. ft. The project has amenities like a swimming pool, a children's play area, a club house, a jogging track, power backup facility, landscaped gardens, indoor games facility, a gymnasium, sports facility, intercom facility, a 24 *7 security system and rainwater harvesting system. The price of apartments in Provident Housing Kenworth range from Rs 34.3 lakh to Rs 40.9 lakh. Apartment units can be purchased directly from the developer. The project has all necessary amenities, and is in a prime locality. In the April-June quarter, 55 units were sold.
(Top five projects in Hyderabad was compiled by Mishika Chawla on July 21, 2015)
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To know about top five areas to buy property in Hyderabad, read on...
Hyderabad, popularly known as 'Cyberabad,' is most definitely a lucrative residential option, thanks to its fast-growing IT and ITes industry in the city. The city boasts an eclectic mix of traditional and modern lifestyle that is clearly reflected in its cosmopolitan culture. While the IT hub is a big draw for many looking for job opportunities, there is no dearth of people working in its Pharmaceutical and Biotech industries as well.
If you're one among people looking to set up a home in Hyderabad, here are the top areas that will hold your interest:
1. Banjara Hills – For those looking at Greater Hyderabad for residential options, Banjara Hills must feature topmost on their list. This upmarket locality offers the best of everything in terms of convenience, comfort and commuting. For a night out, you can head to the Taj Krishna or Taj Deccan located nearby, or splurge on an extravagant shopping experience at the GVK One or City Centre shopping malls.
If you're in the mood to avoid work, don't be seen near Roads 1 to 3! Sit and relax in the parks nearby or jog yourself to health. Counted among the top spots in the city, Banjara Hills is a great choice for a peaceful living. However, the real estate prices here are extremely steep.
2. Gachibowli – Those working in top IT firms like Accenture, TCS or Microsoft will find that this suburban area makes for the best residential option for them. Located in Serilingampally Mandal, Gachibowli provides comfort at affordable prices. The expected addition of several high and mid-end projects here is a reflection of the high demands from investors as well as end-users.
3. Kukatpally – Living here definitely means that your access to amenities, power and water will be substantially better than the rest of the city! Positioned near the city's IT hubs, Kukatpally commands a good status as a residential area. It is also home to one of the largest residential colonies in India. While the prices remain affordable here, the appreciation of ten percent in property prices on an average in the past two years makes it a good investment choice.
4. Nallagandla – If you're looking for an affordable option for investment, Nallagandla is the optimum choice for you. Thanks to the availability of land at competitive prices, several reputed builders are now launching mid-segment villa projects here. While the capital value is low enough to make it attractive for mid-income buyers, the area has seen a healthy appreciation of four to six percent in the past one year.
5. Uppal – Though it is a little off the beaten track, Uppal is counted among the prominent residential localities in Hyderabad. The excellent connectivity to the rest of the city is largely thanks to the metro rail construction in the area. The proximity to the Rajiv Gandhi International Stadium means that you can quietly applaud the international cricket matches from the comfort of your home if you've been unable to score tickets!
Hyderabad is fast gaining momentum as one of the top few cities to live in India. Now that you're armed with the best locality names for setting up home, get ready to jump on the bandwagon.
(Five areas to buy property in Hyderabad compiled by Vidhika Dalmia on July 6, 2015)