Hiranandani announces offers on Hyderabad project

Hiranandani announces offers on Hyderabad project

Real estate conglomerate House of Hiranandani recently announced offers on plots at Shankarpally in Hyderabad Ahead of the festive season, the...

Hyderabad: Real estate conglomerate House of Hiranandani recently announced offers on plots at Shankarpally in Hyderabad. Ahead of the festive season, the developer is giving away offers on two of its plotted developments in Hyderabad and Chennai.

Commenting on plots as the ideal choice, the realtor in a statement said that the changing demographics and higher disposable income has led consumers to invest in land or residential plots, giving them the flexibility to build as per their convenience, while leveraging on the advantage of capital appreciation on land.

The project is launched under new brand name, Loftline. These HMDA approved plots are available in configurations of 1,200 to 4,045 sft along with a host of recreation and rejuvenating amenities. And, under the offer, buyers stand to save up to Rs 2 lakh on their investment in Shankarpally, the official informed.

“Owing to infrastructure developments, Shankarpally is poised to become a great liveable destination and is expected to witness significant appreciation in the future,” Prashant Mirkar, VP (Marketing), House of Hiranandani said.

Similarly, the developer has extended the offer on residential plots in Thaiyur. The RERA registered project, approved by DTCP and MLPA, is available in configuration ranging from 1,400 to 2,400 sft. “The real estate market of Hyderabad is regarded as one of the most affordable yet one of the fastest growing residential markets in India.

Similarly, Old Mahabalipuram road (OMR) in Chennai has a well-established infrastructure and the increasing development of IT companies has lured in skilled professionals to its fold and earned it a place among the fastest growing cities in India,” Mirkar added.

Adding on, the developer informed of facilities provided namely backtop road with street lighting, 24 hours of security, storm water drainage, water supply network, underground water pump, concealed sewer line and provision for power supply.

Besides, House of Hiranandani opines that both the projects are expected to yield significant returns in the long term owing to rapid infrastructure developments in the respective micro markets. Adding further, Mirkar said, “Potential buyers should utilise this offers opportunity, as best investments in life are often well timed. And, these well located projects make a perfect choice for millennials and senior citizens alike.”

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