The 21-acre project will have close to 2,000 two, three and four BHK apartments sized between 1,115 and 2,160 sq ft.
According to the company’s chairman, Jupally Rameswar Rao, the project has been launched with an inaugural offer price of Rs 4,100 per sq ft and the company has by now received bookings for about 60 per cent of the units. It will take about three to four years to complete all phases.
The size of two BHK units are in the range of 1,115 and 1,275 sq ft and the three BHKs measure between 1,690 and 2,160 sq ft. The four BHKs, also called sky villas, will have landscaped terrace. Its total built-up area will be around 3,500,000 sq ft.
There will be dedicated two-level parking which will accommodate about 3,400 vehicles. Amenities include a reception lounge, jogging track, outdoor play, landscaped areas, tennis courts, swimming pool and a skating rink. There will also be multipurpose halls, a clubhouse, gym, spa, guest rooms, convenience stores and a crèche, Rao said.
The project will also have wi-fi enabled areas, car wash area and automated billing for water, power, gas usage and maintenance. On the safety aspects, Rao said the project will have a fire alarm, fire sprinklers in individual flats and wet rises in parking and other common areas. It will also have a security system with motion sensor cameras in the common areas, intercom facility to all units connecting security as well as solar fencing.
The project will have power backup for all flats and common area excluding ACs and geysers. For water management, there will be rainwater harvesting facilities, sewage treatment plant and recycled water for flushing and gardening.