Anvita Group Takes Up Rs 2,000-Crore Mega Residential Realty Project in Hyderabad

Anvita Group Takes Up Rs 2,000-Crore Mega Residential Realty Challenge in Hyderabad

The primary part, which can come up in 3.5 acres, options two towers of 15 flooring every and can have 450 models in complete.

Anvita Group Takes Up Rs 2,000-Crore Mega Residential Realty Project in Hyderabad

New Delhi: Anvita Group, which is into the realty sector, introduced on Thursday that it took up a mega residential actual property mission, Ivana, with Rs 2,000 crore at Kollur close to Hyderabad. Unfold over 12.9 acres, the premium gated neighborhood mission, which shall be executed in two phases, includes a complete of 1,850 flats. The primary part, which can come up in 3.5 acres, options two towers of 15 flooring every and can have 450 models in complete. The realty main is gearing as much as hand over the models within the first part by December 2024.

“Within the second part, 4 large towers of 36 flooring every will come up in 9.25 acres. We’ll hand over all 1,400 models of the 2nd part to clients in 2027. Because the preliminary supply, we’re promoting models at simply Rs 6,500 per sq. toes,” Atchuta Rao Boppana, Chairman and Managing Director, Anvita Group, informed the media.

In accordance with him, the primary part growth is anticipated to price Rs 380 crore and the outlay for the second part is over Rs 1,600 crore. The corporate is developing two and three-bedroom flats with sizes starting from 1,360 sft to 2,580 sft from first flooring to thirty fourth flooring. On 35-36 flooring, there shall be luxurious four-bedroom sky villas of two,900-5,070 sft. Automobile parking area shall be allotted in the beginning itself.

“Ivana can have an space of 8 lakh sq. toes within the first part and 28 lakh sft within the second part,” mentioned Anup Boppana, the corporate’s Director.




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