Top Five Affordable Projects in Hyderabad
The recent months for Hyderabad residential market had been sluggish without any significant launches or sale of properties. However, the category of homes below Rs 50 lakh did not fail to captivate buyers who are choosing to live in the city - which has a favourable job market and upcoming Metro corridors.
Risinia Builders IntelliPark
Price: Rs 38 lakh-Rs 48 lakh
Developed by Hyderabad-based developer Risinia Builders, this gated community is spread over 2.8 acres in Bachupally. Launched in April 2018, the property is under construction and offers 252 units of 2 and 3BHK homes. It is a HMDA-approved project and will be ready for possession by December 2019. The apartments are spacious having sizes from 1,160 sqft and 1,473 sqft.
Bachupally is located along the Outer Ring Road which offers good connectivity. The industries surrounding this bustling locality, whose presence have triggered pollution-related concerns, have been the reason for the locality’s growth. Well-connected to Gachibowli and Hi-Tech City, Bachupally is ideal for those seeking job opportunities.
Provident Housing Manhattan Poda & Condos
Price: Rs 16 lakh-Rs 24 lakh
‘Manhattan Poda & Condos’ by Provident Housing include residential offerings of compact 1BHK houses sized between 380 sqft and 610 sqft. It is nestled within the gated projects of high-rises, Provident Kenworth, at the emerging IT hub of Rajendranagar. A total of 200 units is available and will be ready for possession by April 2021.
Suitable for professionals, the project offers a range on indoor facilities. The locality in suburb Hyderabad South is linked to outer ring road at Appa Junction with easy access from international airport, Hi-Tech city and several social amenities in the vicinity.
Maram RP Homes
Price: Rs 22 lakh-Rs 24 lakh
Maram RP Homes by Maram Infra Projects is located in an upcoming locality, Hayathnagar near Vijayawada Highway. It is GHMC-approved project of low-rise apartments under Pradhan Mantri Awas Yojana. Launched in January 2018, this under construction property will be ready for possession by March 2019.
Buyers will find 120 units of 2BHK homes sized between 590 sqft and 623 sqft. There are many schools, hospitals and supermarkets around the property. The locality in the city suburb is also is well-connected to the Rajiv Gandhi International Airport.
Shri Gajanand Enclave
Price: Rs 32 lakh-Rs 38 lakh
Located at Kompally in suburb Hyderabad North, Sri Gajanana Enclave is a premium projects by Sri Gajanana Construction. Launched in May 2016 and presently under-construction, the project will be available for possession by April 2018. A total of 27 apartments of 2 and 3BHK configurations are available in this project which range between 1,120 sqft and 1,610 sqft in size.
Accessible via the Outer Ring Road, Kompally has good rail and road connectivity. Residents will experience quality living conditions as the area is fast developing with 80 other ongoing residential projects. Hi Tech city is only 27 kilometres from here while hundreds of shops, restaurants, medical centres and schools are a short distance away.
Ramky Group GreenView Apartments
Price: Rs 33 lakh-Rs 61 lakh
Nestled within the township Discovery City by Ramky Group, GreenView Apartments is a projects of 3.81 acres of area. It offers 120 units of 2 and 3BHK apartments sized between 848 sqft and 1,574 sqft. Launched in April 2018, this under-construction property will be ready for possession by December 2020.
The property, located at Maheshwaram in Ranga Reddy District in the southern precincts of the city, is in proximity to the Rajiv Gandhi International Airport and abundant social amenities. State-run buses, Outer Ring Road and the Srisailam Highway provide excellent connectivity to the locality.