Subtitle

Opinion and Only Opinion

Saturday, September 26, 2020

Aparna Constructions, New Project Update - Aparna Altius

Location: Shamshabad, Satamrai Village, Aramghar to Shamshabad Road 

This particular village is the last village near the airport and towards the city with clean land for development. Most of the land from here on around the airport falls under GO 111 where any kind of commercial and residential activity is not allowed.

Config: 2 BHK/3 BHK - 1,440 - 2,250 sq ft

Land area: 3.4 Acres

Total units: 233 units

Parkings: 450 Covered

3 blocks, 1 block of 9 floors and 2 blocks of 14 floors

Basement = -2

Floors = G+10, G+15

Clubhouse - 3 floors

RERA: : P02400002130

Launch price 5,299/- per sqft.

Possession: December 2022

Future plans - Aparna plans to construct a mall and multiplex also in the same area in 2 acres. 



https://www.youtube.com/watch?v=qFbdaGLmANU


2 comments:

  1. what is the scope of this project ? There doesn't seem to be any high rise societies close by (towards city after the end of GO 111). Many builders are mentioning that the land price is too high ( & hard to collect land) to consider building such societies. Given all this, is this a good place to invest, considering it has excellent connectivity (to city, airport, financial district).

    ReplyDelete
    Replies
    1. Hi netizen,

      You are right, expecting several high-rise communities in this vicinity is not possible keeping in view of restrictions around the airport. GO 111 and unrealistic land prices adds to the complexity. Better to focus on airport and beyond compared to between airport and city. I had great expectations from the project but the high pricing is dampener for anybody trying to invest in the locality in spite of the above discussed challenges. Ramky Greenview apartments is a better bet in that respect though not such a marquee developer compared to Aparna. Land availability is limited and most lands around airport are going as plotting layouts like Ananta city and Pheonix/ Sreenidhi or villa projects because of airport restrictions. Layouts are going at 22,000 to 28,000 per sqyd. for the price of a 3 bhk at Aparna people can build a basic villa in 165 sq yds plot.

      Delete