Hyderabad, December 27, 2018/Team Estrade//– Aparna Constructions announces the launch of Aparna Avani, an aesthetically managed 28 acre gated community of plots. Aparna Avani is situated in the rapidly growing Isnapur area, near Patancheru. The gated community charms you with its tranquil and serene surroundings and has different plot sizes ranging from 200 – 600 sq. yards, facing East, West, North and South directions, meeting every customers’ needs. Like any other Aparna project, Aparna Avni boosts of key sustainable practices like drainage connection with eco-drain pipes, avenue plantation, parks and solar fencing, making it a preferred location for consumers.
| Project at a glance
Total Area: 28 Acres
Plot sizes: 200 – 600 sq. yards
Price: 18,500*/ Sq. Yd
Starting Price: 37 lakhs* |
All the plots are levelled and are provided with electrical connections by armoured cables. It also has an inspection chamber with cement brick mortar & plastering. Aparna Avani plots have bore well water supply through High-density polyethylene (HDPE) pipes to maintain a constant water supply to the houses. In addition to this, over head tanks and underground sumps are installed alongside harvest chambers to support rain water percolation. The gated community has black topped roads over a wet mix bed with saucer drains embedded to the concrete kerb stones in order to trail the water out from the roads during heavy rains. This also ensures the ground water levels are replenished.
The project is complemented by its fast developing neighbourhood and its connectivity to life essentials such as Hospital, School, Colleges and Entertainment Hubs. Campuses of IIT, the Oakridge International School, DPS and Chirec Public School are all just 30 minutes away from the gated community. The numerous advantages in terms of the ambiance, greenery, space and style quotient makes Aparna Avani a great project to invest in whether one is looking to build a house or looking for a plot as a pure investment opportunity.
Review of Real Estate Market in 2018 by Rakesh Reddy, Director Aparna Constructions
The residential real estate market has made a strong comeback in 2018 especially in metros and tier 1 cities. Even corporate leasing has seen a fair share of rise as compared to the previous years.
With the growing economy and the rising GDP, the momentum is only going to speed up. The recovery of the sector can definitely be attributed to policies like RERA that has revived the buyer’s confidence. Especially for Hyderabad where the real estate sector is booming and infrastructural developments are playing a key catalyst in the growth. There is an increase of 30% in the sale of residential units in the city, the unsold inventory has also reduced by nearly 29% which is a sign of the promising future as well.
Over the past year, Hyderabad has emerged as one of the best performing residential and commercial real estate destinations in India, complimented by strong fundamentals including government stability, infrastructure and economic drivers. The city’s leading position as home to the top IT/ITeS companies has had a direct impact on the city’s immense real estate growth. To keep up with increased migration to Hyderabad, the Telangana government has invested heavily in the city’s infrastructure facilities and connectivity, which improve the overall real estate climate and quality of life in the city. Second in the list is Bengaluru with prominent launches in commercial space fueled by steady demand from startups, IT/ITeS sectors, BFSI and co-working spaces. Pune and Chennai too are expected to stay in demand as these markets are a hub for auto manufacturers and industrial manufacturing units. Mumbai and Delhi are expected to be in demand as these regions will continue to attract the migrant job-seekers from across the states.
2018 witnessed a major revolution in terms of policy changes and affordable housing getting infrastructure status. If infrastructure status is granted to the entire sector in 2019, it will lead to financing being available to the developer at lower interest rates. In turn, this would make projects more affordable for the home buyer. The real estate industry is also expecting Union Budget 2019 to rationalise GST rates from the current 12% to 6% or alternatively to subsume the stamp duty into the existing GST rate. Reduction in the GST rate will benefit the consumer and lead to a boost in overall sales. A renewed focus on infrastructure that could support sustained real estate growth in the long term and some sops for the buyers in the mid-income housing segment will be very helpful. Affordable housing and ready-to-move-in housing will continue to be the focus next year.
Moving forward, developers and approval authorities are expected to maintain high levels of compliance and efficiency due to RERA. We believe project approvals to be processed more quickly with Single Window Clearance. An efficient, fair and transparent system would result in a revived demand for new projects in the market.
Overall, the sector is ready for the new year with new projects and surprises lined up in each segment.
About Aparna Constructions:
Aparna Constructions & Estate Pvt. Ltd (ACEPL) was founded in the year 1996 with an unwavering vision to offer a sustainable balance between affordability and luxury. Aparna Constructions is a Hyderabad-based real estate company headed by S. S. Reddy, the Managing Director of the company. With 22 years of experience in the real estate industry, the company has completed over 38 projects and their portfolio involves development of residential gated communities including apartments, plotted developments, premium villas and commercial projects. They are known to build homes of global standards with a great sense of environmental responsibility. They have presence and projects in Andhra Pradesh, Telangana and Bangalore.
Aparna Constructions launches Aparna Avani and Reviews 2018 Real Estate
