Project Of The Week: Sumadhura Acropolis, Hyderabad
Hyderabad is one of the sough-after cities for real estate investment in south India. With a large number of information technology (IT) companies and other multinationals setting their offices here, the city has also witnessed mass migration. To cater to the housing demand of this rising population, many developers are planning to launch their projects in the city. One developer is Sumadhura, which is planning to launch a project at Gachibowli.
PropGuide takes a closer look at the project:
The project
A soon-to-be-launched project, the project named Acropolis will be spread over an area of 4 acres and offer housing units of 2 and 3 BHK configurations. While 2 BHK units will be sized between 1,245 sq ft and 1,265 sq ft, the sizes of 3BHK units will range from 1,600 sq ft to 2,640 sq ft. The project will offer a host of amenities such as:
The location
Gachibowli is a renowned area in Hyderabad and is a major IT suburb of the city. It houses offices of many IT companies, including Computer Associates, Wipro, Infosys and Microsoft IDC.
Key thoroughfares: The Outer Ring Road and the Old Mumbai Highway
Connectivity: Close to HITEC city and the Rajiv Gandhi International Airport; the proposed metro station will connect the locality with other parts of the city.
Healthcare centres: Oasis Centre of Reproductive Medicine, Aarogya Center, Manikanta Hospital, Dr. Amar's Dental Hospital, Aakruthi Dental Hospital and Continental Hospital
Educational institutes: Kendriya Vidyalaya, ISB Learning Resource Centre, Government Primary School, Jawaharlal Nehru Institute for Development Banking, Sarojini Naidu School of Arts and Communication.
Hotels: Regenta One and Hyatt Hotel
The price
All the apartments in Sumadhura Acropolis are priced at Rs 4,299 per sq ft.
The developer
Sumadhura is a renowned real estate developer based in Bengaluru. The group constructs residential and commercial projects in Hyderabad, Secunderabad and Bengaluru. It has an experience of more than a decade in the industry and has worked on 29 projects so far.
Our verdict
Parameters | Remarks |
Project | Good |
Price | Good |
Locality | Good |
Developer | Good |
Overall recommendation
Hyderabad has emerged as a new hot spot for real estate investment, especially among young professionals. For those who want to buy property at Gachibowli at affordable prices, Sumadhura Acropolis could be an excellent option.