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Prajay Megapolis, Hyderabad

[ Under Construction ]

Venkata Ramana Colony,Hi Tech City, Hyderabad, Andhra Pradesh, INDIA

Prajay Megapolis, Hyderabad [ Under Construction ]

Venkata Ramana Colony,Hi Tech City, Hyderabad, Andhra Pradesh, INDIA

Project Photo

APARTMENTs

14 BLOCKS , 19 FLOORS
Price:
20.51L to 90.17L
Unit Details:
More than 1000 units
1, 2, 3, 4 BHK
616 - 2708 SQFT
Locality:
Possession:
From Mar 2015

Featured property Agents in the locality

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Project Last Updated on : 19 Apr 2014

Prajay Megapolis Public Forum

Q: Please don't buy in Prajay, staff is very rude after you pay the money. We booked a flat in Prajay megapolis Phase 2 in feb 2013 now they sent a mail that they could not construct alternatively they told to select a flat in Phase1 with an extra payment of 9lacs for same size which is too much and staff is very reckless in answering to us. Please Please Please don't buy. - See more at: http://www.commonfloor.com/forum/5230782fa490b-can-prajay-charge-for-the-car-parking-seperately-?order=oldest#sthash.QBmPiVqY.dpuf
Latest Answer: We are also facing he same problem. They are very rude and asked us to pay 500 per SFT extra even for mortgaged flat, saying 200 per SFT for Early delivery and 300 per SFT Premium charges. That too they are telling to shell out all money immediately. This is 2nd time they are making change, earlier booking they cancelled stating land is lost in road widening process. Neither they are delivering early and nor they are giving any choice so its total cheating to ask any money extra. There is option to cancel the flat but whatever is paid to government will be lost. I'm thinking to stick to the flat as even thought it gets late but at least we don't make loss.
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Q: When is the expected completion date ?? What would be the current price per sq ft ?
Latest Answer: Hi-Tech City the best location of Hyderabad in terms of growth in all respect, surrounded by good schools for kids, mall & hospital & good residential stand-alone. Flat as well as gated community, the entire IT Hub of Hyderabad is here.
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Latest Answer: I guess from second installment onwards everyone one is doing it. Even for 1st installment also they deducted ST, from the payment o f second installment. -- Bapi
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Q: Hi, I have purchased a flat in Prajay megapolis. I was reading a news article where it was mentioned that builders can't charge for the car parking separately from a flat owner. Does it apply to properties in Prajay. Any thoughts?
Latest Answer: Please don't buy in Prajay, staff is very rude after you pay the money. We booked a flat in Prajay megapolis Phase 2 in feb 2013 now they sent a mail that they could not construct alternatively they told to select a flat in Phase1 with an extra payment of 9lacs for same size which is too much and staff is very reckless in answering to us. Please Please Please don't buy.
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Q: I am planning to purchase a flat in Prajay Megapolis. however i got scared after reading review comments on it. Can anybody advise me whether i can purchase it or not immediately.
Latest Answer: Hello, some of the banks are like Corporation Bank, Bank of Baroda, HDFC Bank, Axis Bank, LIC Housing Finance Ltd, State Bank of India, HSBC, Indiabulls, Indiabulls Housing Finance Ltd, Tata Capital Housing Finance, Central Bank Of India, GIC Housing Finance Ltd, Andhra Bank, Punjab National Bank, ICICI Home Finance, Citibank, ICICI Bank, Canara Bank, HDFC Home loans ,Leading Housing Finance, State Bank of Hyderabad have approvals..
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Q: Hi, I would like to book a flat in Prajay Megapolis.

Need the following clarifications.
Did anyone purchased flat in Megapolis with Pre-EMI Scheme? If so, please let me know whether Prajay is paying EMI directly to Bank? What is the payment schedule for Pre-EMI offer? Is there any Tripartite agreement with Banker? Appreciate if the details are provided by a flat owner who purchased flat in Megapolis under pre-EMI scheme.

I understand that the project is being constructed in the site with GPA title and the site is not registered in the name of Prajay. Will there be any chance of getting into Legal issues as Prajay is not the registered owner of the site?
Thanks in advance.
Latest Answer: Hi, Did you get 100% reimbursement on Pre-EMI you paid? OR, Are they deducting any amount as tax from that amount?
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Q: Hi, Did construction for 2nd phase started in Prajay Megapolis? i mean ground work started?
Latest Answer: Hello, some of the banks are like Corporation Bank, Bank of Baroda, HDFC Bank, Axis Bank, LIC Housing Finance Ltd, State Bank of India, HSBC, Indiabulls, Indiabulls Housing Finance Ltd, Tata Capital Housing Finance, Central Bank Of India, GIC Housing Finance Ltd, Andhra Bank, Punjab National Bank, ICICI Home Finance, Citibank, ICICI Bank, Canara Bank, HDFC Home loans ,Leading Housing Finance, State Bank of Hyderabad have approvals..
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Q: Is this pre-approved for sbi homeloan
Latest Answer: Yes, they do give. But is it pre-approved?
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