ARK Towers project information

Q: I’m considering investing in the Miyapur area, especially in the ARK Towers project. Some info would be helpful, both about the locality and the project, regarding future prospects and all. Thanks!

Shiva Kumar, Hyderabad

19th June 2014

Residential Project Review in ARK Towers, Miyapur, Hyderabad

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Replies (4)

Hey I can give you some more information regarding the project. I was interested in it too, so I managed to get hold of the project brochure. The average square foot price is actually Rs 3000-3100 psf. So the price rate of Rs 2900 psf of the ARK Towers is actually cheaper. The 1bhks are 865 square feet, so they’ll cost you around Rs 25 lacs. The 2bhks come in different area sizes between 1025 and 1200 square feet. So these will cost you between Rs 30 lacs and Rs 35 lacs. The 3bhks have are sizes ranging between 1395 and 1625 square feet and will cost you between Rs 40 lacs to Rs 47 lacs.

Suresh Kota, Hyderabad

23rd June 2014

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Yes I agree. Locality is definitely good, with good future prospects. After the Telengana issue, now suddenly Hyderabad is one of the favourite cities in India for real estate investment. The market is even better in places like Miyapur, which is directly connected with the IT hub of the city. The main connector roads are Kukatpally Road, IRR, ORR, and the national highway. And not just the IT hub, if you’ll be living in Miyapur, you will be in close contact with the major educational region in the city. Best part is that like the rest of the Hyderabad, water and electricity shortage issues are almost non-existent in Miyapur.

Lata Rao, Hyderabad

22nd June 2014

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Hi there! I think you would have done your research before making this decision, so you’ll know more than me. Still I’ll try to provide some price related information, whatever I know. The apartment types are the usual 1, 2, and 3 bhks, and all of them are priced at Rs 2900 per square foot. I think it is quite reasonable consider the locality. You can easily drive along the Inner Ring Road to get to the Hitech City region; it is just 9km away. Project has already been available since February of this year, so hurry up if you want to book your apartment here.

Ramesh Gullapalli, Hyderabad

20th June 2014

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Hey, Miyapur will be definitely a good investment for you, since this place has been seeing a lot of real estate action and will continue to do so in the upcoming future. There are a lot of major projects lined up here, and the one you have selected is also pretty good. You must be knowing that it has already gotten approvals from all the major banks, right? Banks like HDFC, SBI, ING Vysya, and even from the GHMC. I know Miyapur is a bit on the outskirts, but the transportation related issues are all being taken care of by the United Metropolitan Transportation Authority (UMTA).

Geeta Naidu, Hyderabad

20th June 2014

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