The demand for 3BHK apartments in Hyderabad is on a continuous rise. While people in Bangalore and Pune are opting for compact homes, homebuyers in Hyderabad seem to prefer large-sized homes.
What makes us say that? Well, as per our research, out of the total units launched in Hyderabad in Q3 2018, about 76% of the supply was in the 3BHK segment. The reasons? Realistic property prices and increased purchasing power.
“These larger homes are good for families looking to upgrade their existing homes. Additionally, some developers also provide a room for the support staff, which makes these units ideal for families with working parents,” explains Ashutosh Kumar, Lead, Home Buying Advisory Services.
If you too are looking to buy a 3BHK apartment or are looking to upgrade your existing home, we present you the five best options. These projects have been selected based on three factors:
- Lifestyle
- Location
- Apartment sizes
Aparna Serene Park
Status: Under-construction | USP: 80% open space
Located in Kondapur, Aparna Serene Park offers premium 3BHK apartments in a gated community.
Sprawling across 19 acres, Serene Park boasts of 80% open space offering a peaceful lifestyle to its residents.
Additionally, there is also a 57,000 sq. ft. clubhouse.
The apartments range from 1,490-2,250 sq. ft. and are designed keeping in mind the optimum utilisation of space. The project is currently under construction and is slated for possession by August 2019. The ongoing price per sq. ft. is Rs 6,099.
Being strategically located, it enjoys connectivity to the popular IT hubs of Hitec City and Gachibowli. Further, Lingampally MMTS Station is 2km from the project.
Rajapushpa Regalia
Status: Under construction| USP: 37,500 sq. ft. clubhouse
For those looking to avoid city traffic, Rajapushpa Regalia is worth considering.
It is located in Kokapet and enjoys connectivity to other parts of the city via the Outer Ring Road (ORR). It is less than 5km from Gachibowli, making it a viable option for tech professionals.
Spread across 4.23 acres, Regalia offers a total of 491 units in 3BHK configurations. The apartments are in size range of 1,610-2,600 sq. ft. There are no common walls between apartments, thereby ensuring more privacy. At present, the ongoing per sq. ft. rate is Rs 4,699. The project is also Vaastu-compliant.
In terms of amenities, it offers a clubhouse sized 37,500 sq. ft, which is spread across19 floors.
The expected possession date is April 2020. The project is approved by the Hyderabad Metropolitan Development Authority.
Vajra’s Jasmine County
Status: Ready-to-move-in | USP: 70% open space
Next, we have Jasmine County in Gachibowli. Spread across 5 acres, it offers a total of 376 apartments. The project has only 3BHK units in the range of 1,555-2,085 sq. ft. It is ready for possession.
Out of the total land area, about 70% is left open. Some of the amenities include central laundry, rainwater harvesting, clubhouse, swimming pool, and covered parking.
In addition to the above factors, Jasmine County has several location advantages as well. It is well connected to Hitec City by road and by rail through the Lingampally MMTS Station (which is 6km away) and HITEC City station (which is 7km away). The ORR connects Gachibowli to the International airport at Shamshabad.
Some of the popular companies in the vicinity include Microsoft, IBM, Dell, CA, Wipro, Deloitte, GE, among others.
The ongoing per sq. ft. rate for the project is Rs 5,499.
Phoenix Golf Edge
Status: Ready-to-move-in | USP: Sky lounge
Our next project is also in Gachibowli.
Gold Edge offers a total of 487 premium apartments.
These units come decked with air-conditioners, hob and chimney, dishwasher, geysers, and all sanitary ware.
Additionally, there is also a piped gas connection for every apartment.
The unit sizes are in the range of 1,662-3,625. In terms of amenities, there is a 70,000 sq. ft clubhouse, spa, sky lounges, and in-house home management services.
The project is ready for possession and is currently selling at Rs 1-2.17 Crore.
Phoenix Golf Edge has received both the Completion Certificate as well as the Occupancy Certificate.
It is also Vaastu-compliant.
PBEL City
Status: Ready-to-move-in | USP: 40,000 sq. ft. Clubhouse
Last on our list is PBEL City. It located just off the ORR near the landmark Appa Junction. The ORR exit, which is just 5 minutes away, connects it to Hitec City and Gachibowli.
A 25-acre township, PBEL City offers a premium lifestyle to its residents. There is a 40,000 sq. ft. Clubhouse spread across four towers, out of which two are already completed. Additionally, there is an onsite office to help residents in paying bills, arranging for transport facilities for themselves or their guests and other such services.
One of the significant stand-out features of PBEL City is its large sewage treatment plant, said to be the largest of any residential society in Hyderabad.
The 3BHK apartments in the project are in size range of 1,200- 1,972 sq. ft. A ready-to-move-in project, it is currently selling at Rs 4100 sq. ft.
You can explore more projects here.
Further reading:
Thanks for the updated information about all the upcoming projects! Great to see the post coming from reputed and most trusted News paper.