RoofandFloor’s proprietary data model finds that plots scored over apartments in Hyderabad in the last quarter of 2017. Out of a total of 7,620 new units launched, 56% were plotted developments, followed by 37% apartments, and 7% villas.
Southern cities have traditionally been dominated by plots and layouts in the past. And Hyderabad is no different! It is only in the last decade that the City of Nizams embraced the apartment culture. However, due to declining sales and demand-supply mismatch, the unsold inventory of apartments has increased significantly in the last three years. Developers are now looking to tap into the city’s penchant for plotted developments to enhance their cash flows.
Now, if you too have decided to invest in plots (if not, read this article and decide now), RoofandFloor presents you the top 5 plotted developments that were launched in Q4 2017 so that you can avail some early bird offers.
Kohinoor Landmark 7
Kohinoor Landmark 7 by the Building Blocks Projects is a plotted development coming up in Shadnagar,Hyderabad. The project comprises of 316 units, of which 103 units are available for sale currently. Though Kohinoor Landmark 7 is located on the outskirts of the city, it enjoys swift accessibility to the city centre via the Outer Ring Road (ORR). Further, the area also boasts of proximity to the industrial hubs of Balanagar, Kothur, and Kondurg.
Apart from offering basic amenities, the plots in this gated community are also vastu-compliant. These DTCP-approved plots are currently priced in the range of Rs 5-17 Lakh and are available in varied sizes ranging from 999- 3,393 sq. ft.
Virtusa Icana Meadows
Located in Kompally, Virtusa Icana Meadows is another project with plots available at an affordable price. Developed by Virtusa Life Spaces India Pvt Ltd – Hyderabad, the project is currently priced in the range of Rs 10-28 Lakh.
The plots are available in varied sizes ranging from 999- 2,799 sq. ft. Spread over 45 acres, the project promises a luxurious lifestyle with amenities such as clubhouse, swimming pool, and several sports amenities like gym, tennis court, and badminton court, among others.
Being located in Kompally, these reasonably priced plots enjoy proximity to IT companies at Gachibowli and Hitech City.
VRR Grand Enclave
Located in Gundlapochampalli, VRR Grand Enclave offers plots at a starting price of Rs 9 Lakh. Developed by VRR Developers & Constructions, the project enjoys swift accessibility to the Outer Ring Road (ORR). It comprises of 557 units in different sizes ranging from 594 -1,620 sq. ft.
LR Palm Meadows
Spread over 25 acres, LR Palm Meadows is an ultra-modern gated community that has ready-to-construct plots. Situated at Rampally, it enjoys smooth connectivity to the Outer Ring Road (ORR)), which further connects it to other important areas in the city. The plots here are sized anywhere between 792-2,196 sq. ft. and are available at a starting price of Rs 9 Lakh.
Bhashyam Ozone County
Located in Kollur, Bhashyam Ozone County is a residential development by Bhashyam Developers. It offers spacious plots that are well-equipped with all the basic amenities to facilitate the needs of the residents.
It has 244 units in varied sizes ranging from 1,800-4,500 sq. ft. These vastu-compliant, HMDA-approved plots are available at a starting price of Rs 25 Lakh.
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