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Invest in DLF Garden City in Hyderabad

Q: Hi all, I have been looking to invest in a villa project, mainly for weekend getaway purposes, like a home on the outskirts of the city. I’ve gone through so many projects but most of these are builders I haven’t heard of. Recently I stumbled across the DLF Garden city project. DLF is a known builder. I would love to get more details about the project from you guys. Thanks!
Replies (4)
1
Hey, I have been interested in buying the property too, but haven’t had a chance to take a detailed look at it. Thanks for this breakup. Also, I heard that there is a cutoff period of 4 years to construct a house after buying a property else Rs.500/sq. yd is to be paid extra. I’m not sure how true this is. Can someone please confirm this?
Lata Rao


2
Hey, I think that’s pretty much all about the area to know, perfect for a secluded weekend getaway. Anyways, to give you more details about the project itself- Gardencity offers plots of area ranging from 232 to 2005 sq. yard. Although,last time I checked all the smaller size plots were sold out, but they are being resold at approx. 4400 per sq. yard. For example if you buy a 446 sq. Yd plot, you would be spending approx. 19.6 lacs. I believe this investment is more on the leisure side, but investing in a good holiday home/villa can be extremely beneficial in term sof capital appreciation. So,good luck to you
Kamala Reddy


3
Hey, I found some detailed information on the pricing. The average base price quoted is Rs.4400/sq. Yd. In addition to this there is township infrastructure charge of Rs.600/ sq. Yd. You might also be charged a preferential location charge of around Rs.400-900/sq. Yd. A one time Club membership fee of Rs. 75,000 is applicable, and Interest free maintenance security fee at Rs. 125/ sq. Yd is also charged. Normally, these extra costs are hidden and at first look we tend to overlook them. However, I think DLF Garden city is a good option if you wish to construct a house on your own terms and per your own liking instead of buying ready made holiday homes. Hope this was useful.
Ramesh Gullapalli


4
Hi, it’s great you are planning for a holiday home around the city. I’ve always wanted to own one. Like you mentioned it is true that DLF is a known builder. Although I believe they have just one residential project in Hyderabad - DLF GardenCity. I’d be honest here I don’t have much details about the project itself, but I can give you an overview of the locality. The plots for this project are in the Nandigama area, at the Hyderabad-Bangalore expressway. Since your requirement is of a getaway, you’ll be happy to know that you’ll be in a serene secluded area. Although there is a hospital in a 3 km radius.
Shiva Kumar


5

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