Project Of The Week: Prestige Ivy League, Hitech City, Hyderabad

Hitech City is a tech township in Hyderabad with many major IT companies having offices here. Some of the prominent companies include Oracle Corporation, Patni Computer Systems, GE Capital and Knowledge Matrix India Pvt. Ltd. So, this locality is quite popular among developers, investors, and home buyers. To tap the immense potential of Hitech City, Prestige Group is building

To tap the immense potential of Hitech City, Prestige Group is building Prestige Ivy League. The project offers apartments with modern amenities.

PropGuide explains the projects in detail:

The project

Prestige Ivy League is an under-construction project with 349 units. The size of apartments in Prestige Ivy League range from 1,327 sq ft to 10,331 sq ft. The total area of the project is five acres, and it is located at Hitech City, Hyderabad. It will be ready for possession by January 2019.  The project has many amenities like:

The location

Kondapur, Hyderabad is surrounded by Nizampet, Tellapur, Begumpet and Hitech City. So, it is a favourite among techies. The Rajiv Gandhi International Airport in Shamshabad is at a distance of around 30 kilometers from Kondapur. Metro railway network can be easily accessed from Hitech City. The closest sporting arena is in Gachibowli.

Key Thoroughfares: Outer ring road

Healthcare Centers: Sai Charitaa Clinic, Rajitha Hospital, Cherry Children's Clinic, S Venkat Reddy Hospital, Aakruthi Dental Hospital and Manikanta Hospital

Educational Institutes: Arbor International School, Chirec Public School, New Bloom School, Richmond School, Sharada High School and Sarojini Naidu School of Arts and Communication

The price

Apartments here are available in different configurations including 2, 3, 4 and 5BHK and sold at a rate of Rs 6,299 per sq ft.

The developer

Prestige Group, an ISO 9001:2000 certified company, entered the real estate sector in 1986. Irfan Razack is the chairman and managing director of the group. The group has completed 65 projects spread over an area of around 56.94 million sq ft. Twenty-eight projects are currently under construction and cover an area of 31.15 million sq ft. The group was given the FIABCI Award for its software and residential facilities. Recently, the group was also given the CRISIL DA1 Developer Rating for developing quality projects on time.

Our Verdict

Overall recommendation

Prestige Ivy League is an excellent option for homebuyers, taking price and locality into account. It is a great option for techies because the project is situated in Hitech City.