Prajay Megapolis Review in Hyderabad

Q: Is it a good idea to invest in property in the Prajay Megapolis? Can anyone give me some details about this project?

Govind Naidu, Hyderabad

7th May 2014

Residential Project Review in Prajay Megapolis, Hafeezpet, Hyderabad

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Replies (7)

good news is they started handing over keys to customers for tower no.12.
tower 17 & 18 will be followed within 4 weeks.

at last phase I customers can enjoy their living in luxury

Siva Prasad Chunduru, Apartment Resident

22nd April 2016

Comment

https://www.facebook.com/groups/1433309796918691/

Please join the above group for Phase 2 issues

lavanya bobba, Apartment Resident, Hyderabad

8th September 2014

Comment

Hi Sunil,
Only bad thing about this project is that it is super crowded by more than 3000+ apartments. whereas on the positive side it is going to absorb any buyer demand that is coming in the market and prevent Hyderabad real estate from rising again?

Aarti Bal Pathak, Pune

18th June 2014

Comment

@Aarti,
Can someone let me know the current price psft in PRAJAY Megapolis kukatpally? How is the project connectivity to the other parts of the city?

Puneet Laskar,

18th June 2014

@Puneet,
The current price quoted by the developer is Rs. 3400/sq-ft.
Hyderabad enjoys an unrivalled status as the commercial hub of India. As an IT destination, it is home to some of the world’s finest minds. Its international standards of living continue to attract a growing population of NRIs. The good connectivity is the plus point of this project such as walking distance from HITEC City MMTS Railway Station
2 kms. away from HITEC City
Excellently connected to Hyderabad and Secunderabad city
Just a few kilometers away from educational institutions like JNTU, NIFT, IIIT and ISB
Near proposed route to link South and South West Hyderabad
In close proximity to several upcoming shopping malls and premium hotels

Aarti Bal Pathak, Pune

18th June 2014

The Prajay Megapolis has 1, 2, 3, and 4 BHK apartments. The square foot price is Rs.3350.
The 1BHKs are available in areas of 616 and 707 square feet, for the price of Rs 20.51 Lakhs and Rs 23.54 Lakhs.
The 2BHKs are available in areas of 930 and 993 square feet, for the price of Rs 30.96 Lakhs and Rs 33.06 Lakhs.
The 3BHKs are available in areas of 1482 and 1780 square feet, for the price of Rs 49.35 Lakhs and Rs 59.27 Lakhs.
The 4BHK apartments are available in only one area size, 2708 square foot and for a price of Rs 90.17 Lakhs.
These are luxury apartments and they come with a whole bunch of amenities like swimming pool, gym, badminton court, library, clubhouse, and Wi-Fi network

Lata Rao, Hyderabad

27th May 2014

Comment

Hello, I am planning to buy 2bhk. Can to tell me Is there any availability ?? How is the location of the project ?

Puneet Laskar,

1st June 2014

Hi Puneet,
Yes, the project has availability of few units. You can go for it as the project located near Hafeezpet in hyderabad. I have visited the site a month ago. The site is located just next to Indu, towards Hitech MMTS and easily accessible through Vasanth Nagar Road from NH at Hyder Nagar. The site is full of rocks with water holes in between them. Model flats are being constructed and expected to finish by the end of this year.

Nitesh Patil, Pune

18th June 2014

The Location is the only thing that is good!!!! The company standards of customer dealing and quality adherence are SUB STANDARD. They will stoop to the level of Misleading and cheating the customer. There is no sign that the apartment progress in Phase1 are going as per the schedule. Even if he completes it is Sub-Standard. There are many deviations from what is shown in Model Flat! The club house will take another 5 years to start I guess, with the Phase 2 put on hold and he is charging 600 per square foot more from existing customers to shift to Phase 1.
What can you expect from them? if you are really lucky you will get your flat with a 2 year delay.

Rajinikanth T,

24th May 2014

Comment

Hi. The Prajay Megapolis project is one of the constructions by the famous Prajay Engineers in Hyderabad. There is another project by the Prajay group in Miyapur, the Prajay Shelters.
The Prajay Megapolis is located in Hitech City, so it is highly in demand. If you want to buy a property in this project then you better hurry up and take a decision, because this property is in demand right now and the apartments are selling off like hot cakes.

Lokesh Gowda, Hyderabad

7th May 2014

Comment

Hey, the Prajay Megapolis is located in the IT hub of the city. I think it will be a very good investment opportunity. This is one of the projects by Prajay builders in Hyderabad and is located in the middle of Hi-Tech City.
This project has 10 blocks of buildings with apartments having 1, 2, 3, and 4BHKs. You can make a better decision on which type of apartment to invest in if you check out the official website of the Prajay engineers. Just follow the link http://www.prajayengineers.com/megapolis to get detailed information on this project.

Geeta Naidu, Hyderabad

7th May 2014

Comment

Hi Geetu,
Hi all,
What about the project approval i mean which all local body has approved this project and the bankers which are offering loan for this project? Is it really near Indu Fortune Fields? If so then it's a great location.

Sunil Kulkarni, Pune

18th June 2014