The year 2018 was an eventful year for us at RoofandFloor. To help you in your home buying journey, we began our on-location site reviews that gave you the inside details on exclusive projects. Unbiased, no-nonsense reviews! We covered several projects in Bangalore and a few in Pune. As the year draws to an end, we have a new market – Hyderabad.
Here’s our latest, unbiased project review of Aparna Serene Park, Hyderabad.
What we were looking for: Under-construction properties
Where: Kondapur
Availability: Out of the total 1,680 units, about 971 units are available for sale.
Possession: Completed in August 2019.
Project factsheet
A project by Aparna Constructions, Serene Park was launched in August 2016. A premium project, it sprawls across 19 acres.
The 2 and 3BHK apartments are spread across 14 blocks with 20 floors each.
The project uses Mivan technology that ensures lesser water seepage problems.
Further, homes built using this technology are known to be more durable and of low-maintenance.
Price: Rs 6,099 per sq. ft.
Location and accessibility
Located in Kondapur, Aparna Serene Park enjoys fast accessibility to all the important areas in Hyderabad. The area is connected to the city centre via the Hafeezpet Flyover and the Outer Ring Road, which is 3km away. The international airport is 33km away, and Lingampally MMTS Station is the closest to the project at a distance of 2km.
The convenience aspect: A gated community, Aparna Serene Park can be a sound choice for both young professionals and families. Though the project is in the heart of Hitech City, the 80% open space ensures that you don’t feel like you are caged in a concrete jungle. Sancta Maria School, Delhi Public School, and Oakridge are some of the renowned schools in the vicinity. For all your healthcare needs, you can rely on Continental Hospital and KIMS.
Ideal location for professionals: Kondapur is 4km away from Hitech City, and is highly accessible from employment hubs like Madhapur, Koti, and Secunderabad.
The Vaastu quotient
All apartments in Aparna Serene Park are designed as per Vaastu. Additionally, the interiors are designed keeping in mind the optimum utilisation of space in every apartment.
The below table indicates the BHK-level details along with carpet area.
Price
At the time of writing this review, the per sq. ft. rate is Rs 6,099. The project launch price in 2016 was Rs 4799 per sq. ft, indicating a rise of 27% in just two years. This can also be attributed to the growth that Kondapur itself has recorded over the last three years.
The preferential location charge for corner apartments is Rs 50 per sq. ft. while for apartments with a view, it is Rs 100 per sq. ft.
“The profile of the buyers includes IT professionals and their families with a handful of businessmen,” informs Rakesh Reddy, Director of Aparna Constructions.
“Located in the heart of the IT and financial hubs, yet surrounded by the calm of the Botanical Gardens, Aparna Serene Park is an ultra-luxury project that offers the best of both worlds, without compromising on premium amenities and environmental responsibility.”
Approvals
The project meets all norms, requirements pertaining to the environment, lake, fire services regulations, and GHMC rules and regulations. Also, the property is clear of all the encumbrances.
USPs
- Set amidst the Botanical Gardens, it offers a vibrant cover of greenery. Additionally, about 80% of the project area is left for open spaces.
- 57,000 sq. ft. clubhouse with a conference room, air-conditioned gym, crèche, indoor games area and a spa
- High rental returns and price appreciation
Comparative analysis
Project amenities
Regarding amenities, there is a children’s play area, landscaped garden, library, and multipurpose hall. For fitness freaks, there is a well-equipped gymnasium, swimming pool, and dedicated spaces for yoga, aerobics, cricket, badminton, tennis, squash, and basketball. For the day-to-day needs of the residents, there is a utility store, an ATM, restaurant, and a spa.
There is also a centralised gas supply.
RoofandFloor verdict
Rating: 4.3
Why? For location, construction quality, and green spaces.
Kondapur has undergone massive expansion in the past few years, leading to an increase in property demand. Experts believe that property prices in the area have appreciated as much as 40% over the last few years. Thus, it is not only a good option for end-users but also investors.
So, if you are looking for a premium home in an affordable price range, Aparna Serene Park deserves a visit.
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