Apartment house in a gated community as an investment
Q: I am planning to buy an apartment house in a gated community in Hyderabad. Here is my requirement. 1. Area - Hi-Tech City, Gachibowli, Madhapur, Kondapur and 5km radius of Cyber towers. 2. Budget - 80 to 90 lakhs. 3. I can wait for 3/4 years, if a good property is under construction. Please do consider my requirement and suggest me few good options that I consider.
Hey, Rajapushpa Atria can be a good choice for you. This is from a very reputed builder called Rajapushpa Properties. It is in Gachibowli. You said you can wait for a few years...so this is perfect...this is starting possession from March 2015 only. If you need some info, this link may help you: Rajapushpa Atria
You know, some other projects like SVC Treewalk from the SVC Ventures private limited, Tree Storie apartment from the Swasudha Infrastructure, My Home Vihanga in Gachibowli from the My home constructions, as well as Bharat Iconia from Bharat Infratech projects are some selected ones from a large number of apartments that you can find here.
I can point out some very good projects in the area near to the cyber towers as per your requirements. Some of them are Ashwita, Golf View, Gayathri Hills, Prime Legend, Vaishnavi estates, My Space, Jains Carlton Creek, Rajapushpa Atria, Phoenix Golf Edge, Ace Atlantis etc.
In Madhapur area, I think Cybercity Rainbow Vistas Rock Gardens is also a very good choice. The price range of this apartment project is around Rs. 53.12 lakhs to 1.14 crores. There are 2 bhk and 3 bhk available. Almost 63 apartments are put up for sale. they have said that the date of possession will be around december this year (2015).
Exactly, and this project is very apt for your price range also as you can get a 4 bhk here for the rate of 90 lakhs. The built up area of this 4 bedroom flat is around 2035 square feet. Quite spacious, if you ask me..
I think I can provide you with some important facilities that you can find here in Ashwita, okay? Interaction area, cafeteria include in the common facilities that you find here. For health and fitness, there are some facilties like a good gymnasium, swimming pool, pool deck, aerobic as well as a Yoga room. There are indoor games facilities and also a kids friendly toddlers day care here.
Hey, I would recommend the Ashwita Apartments in Hi Tech city. This project is from the Mahindra Lifespace developers. They are providing 2bhks, 3 bhks, as well as 4 bhks in this project. But, I think that the date of possession of this villa starts in December 2015.
Fresh Living Apartments in madhapur. The price is in your budget, starting from 51 lakhs to going to 1.2 crores. They have some good faciities that they are providing like swimming pools and jogging tracks, and gymnasiums, cafeterias and amphitheatres. the possesion has started already and they have 2 and 3 bhk apartments for sale.
Hey you have the Aparna Towers in Kothaguda in Kondapur. They have some flats that are for sale in here and they have 2 bhk, 3 bhk and 4 bhk apartments for sale. The price is a little high, but the apartments here are good. It starts from 72 lakhs and the highest price is 1.9 crore. Size of these apartments is 1200 sq ft to 3800 sq ft.
Hello, I would suggest the Reliance Paradise in Kondapur as they are ready to move in apartments and the builders are also pretty good and reputed, They have 2 and 3 bhk apartments, ranging from 45 lakhs to 76 lakhs and having an area of 1000 sq ft to 1700 sq ft.
Bharat Iconia, Kondapur. Size of the apartments is around 1900 sq ft to 5000 sq ft and they have 3 bhk 4 bhk and 5 bhk apartments for sale. The price per sq ft in here is around 2900 per sq ft and the price of these apartments starts from 56 lakhs and goes up till 1.4 crore. Facilities like swimming pools, gymasium wifi and cafeteria are present. Ready to move in.
Pride apartments by Vaishnavi Estates is also really good in madhapur actually, They are offering big apartments having a built up size of 1400 sq ft to 1900 sq ft and they will cost you around 77 lakhs to 1.2 crores. They have only 3 bhk flats for sale and the possession starts from December 2015.
I wanted a house in Madhapur as well so i just researched on this project called the Jain's Auroville. It is located in a good place also, You have nice facilities in here like swimming pools, play areas and all. And the apartments are in the sizes of 800 sq ft to 160 sq ft, with 2 and 3 bedrooms. The price starts from 38 lakhs to 75 lakhs.
Magna's lake vista has 2 and 3 bhk apartment and they start from 53 lakhs and the maximum price is around 86 lakhs. This project is in hitech city and the possession starts from October 2015. The sizes of the houses is from 1200 sq ft to 2000 sq ft. They offer you security, internet facility, a play area and a gymnasium.
Rainbow Vistas in is Hi tech City, and they have 13 blocks in total so it is a huge project actually. You can get 2 bhk and 3 bhk flats for sale in here and the built up area is starting frfom 1250 sq ft to 2600 sq ft. And the price is starting from 51 lakhs. The possession starts from December 2015.
Getting a good apartment in hitech city with that budget is a little tough actually. But there are some projects in here that come under that bracket , like the Ashvita by the Mahindra Lifestyle. The price for the apartments in here is 52 lakhs to 84 lakhs, and the built up area of the flats varies from 1200 sq ft to 2000 sq ft.
Thanks Achyutt Reddy. Can you please help me in sharing your view on Rajapushpa Atria and Hy Home Vihanga ? and please do share if you have any suggestion on the similar lines.
Hello, Muppa's Green Gradeur is an upcoming project in Gachibowli, with 2 and 3 bhk apartments for sale. they are under construction as of now. and the possession starts from Octobe 2015. They have apartments of the size varying from 1000 sq ft to 1800 sq ft starting from 36 lakhs and gong up till 64 lakhs. They also have good facilities in the like a video door phones and walk in closets in here.
South Park is another good project and this is even close to the Lingampally Railway Station. You have 2 and 3 bhk apartments in here, and the built up area of these apartments in here is 1500 sq ft to 1700 sq ft. The price for these apartments starts from 60 lakhs.
Or else, in the RV Silpa Hlltop apartments, the 2 bhk apartments have 1100 sq ft and the price is 49 lakhs or so and for the 3 bhk apartments, the built up area is variying between 1300 sq ft to 1400 sq ft, and the price is around 60 lakhs to 80 lakhs. They are ready to move in right now.
Hey there is this project in Gachobowli called the RV Silpa Hilltop, which is also good. This project offers you some 2,3 and 4 bhk apartments for sale, and they price starts from 49 lakhs and go up till 1.3 crore. Actually for 99 lakhs or so here, you can get a duplex 4 bhk apartment in here which has a built up area of 2200 sq ft.
Hey, Gold View Apartments are actually good. Some people have already moved in here, and they also have some decent facilities that are available in here like round the clock security, a provisional store inside the apartment property, a library, a fire fighting system and a creche for kids. They also have play areas and gardens...
Hey, the Golf View apartments that are in gachibowli is a deent project in here. It is a gated apartment as you have asked and they have 4 blocks in total. In this, block B and block C are reday to occupy right now and the Block A will be complete by 2016. So you can get an apartment in the block B or C. They are offering you 2 bhk and 3 bhk apartments in various sizes. The built up area of the 3 bhk apartments in this porject startes from 1700 sq ft and goes up till 2000 sq ft.
Hye, there are many upcomin projects in the areas that you have mentioned where you can get a good 3 bhk or 2 bhk apartment. In Gachibowli, you have the Golf View Apartments, BRC Sri Hema Durga apartments, Magnum Opus Apartments, Jains Carlton Creek and the Raka Pushpa Atria in the budget that you have mentioned.
Right now I am in USA, I can't go around and see different properties. Can some one please help me in knowing more about Rajapusha Atria and my Home Vihanga. 1. are these 2 are good picks. which is the best bet ? 2. do you know the SQFT value ? 3. I am looking for a property who can deliver me in next 3 years (may be early 2018).