Vaishnaoi Group Launches New Project In South Hyd
Developed infrastructure, affordable real estate and upcoming Metro rail connectivity will divert residential sales towards South from the West Hyd, says CMD Ravi Prasad
Y Ravi Prasad, CMD, Vaishnaoi Group, A Krishna Reddy, Director, Y Sharath Chandra, Director and Y Hemachandra, Director during the launch of Vaishnaoi Southwoods, in Hyderabad on Thursday
Hyderabad: City-based Vaishnaoi Group, a real estate developer on Thursday announced the launch of Vaishnaoi Southwoods, an ultra-luxury villa project, spread across 45.30 acres, in Mamidipally, Shamshabad.
The project features 260 ultra-luxury villas and 330 apartments coupled with 45 amenities. The pricing of the apartments starts at Rs 70 lakh, while the villas cost ranges between Rs 5 crore to Rs 8 crore. The bookings for the project will open from Friday (today).
“The project features 260 ultra-luxury villas and a host of world-class amenities. From private mini-theatres in each villa to an expansive golf turf, edible gardens, pet parks, and a sky bridge offering panoramic views, every detail of Vaishnaoi Southwoods is designed for grandeur and comfort,” one of the Director’s told media.
Speaking about the growth of real estate in South and North Hyderabad, Y Ravi Prasad, Chairman and Managing Director, Vaishnaoi Group told Bizz Buzz, “If a middle class employed professional is looking at investing on real estate, West Hyderabad is out of question due to its exorbitant prices. For the same price buyers can invest on villas if they consider South and North Hyderabad. The social and physical infrastructure here is well developed in South, with proximity to schools, Rajiv Gandhi International Airport, and Hitec City.”
On a query about slowdown in the sales of luxury project and the uncertainty that raised due to Hydraa demolitions, the CMD clarified to Bizz Buzz that the Chief Minister A Revanth Reddy’s statement in media has brought back investors confidence.
“The investor sentiment has regained confidence in Hyderabad’s real estate after the CM issued a statement that already approved projects will not be touched. Our project has already received the needed approvals,” he said.