2 BHK Apartment for sale in Manikonda, Hyderabad. 950 sqft, ₹1.70 Cr. Verified listing with photos & owner contact on PropyMart.
About This Property
Koncept Ambience Courtyard offers a premium 2 BHK living experience in the rapidly developing Manikonda, combining luxury amenities with strategic location advantages.
This under-construction project, backed by TS-RERA, promises a modern lifestyle with excellent connectivity and strong investment potential.
📌 Overview
• Koncept Ambience Courtyard in Manikonda offers a RERA-approved 2 BHK (950 sqft) for ₹1.70 Cr, providing a secure and premium investment opportunity with a December 2023 possession.
• This project by Koncept Ambience is designed for modern urban living, featuring comprehensive amenities and strategic proximity to Hyderabad's IT corridors.
📍 Location & Connectivity — Manikonda, Hyderabad
• Distance to nearest IT hub: Financial District & Gachibowli are approximately 6-8 km away, Hitech City is about 10-12 km.
• Road connectivity: Excellent access to Outer Ring Road (ORR) via Narsingi junction (approx. 5 km), connecting to NH 65, and direct access to Old Mumbai Highway.
• Metro: Nearest metro stations are Raidurg (Green Line, approx. 9 km) and Pedamma Gudi (Blue Line, approx. 8 km), with planned extensions towards the area.
• Schools within 3 km: Oakridge International School, Delhi Public School, Chirec International School.
• Hospitals within 5 km: Continental Hospitals, Care Hospitals Gachibowli, Sunshine Hospitals Gachibowli.
• Shopping: Inorbit Mall (approx. 7 km), Sarath City Capital Mall (approx. 9 km), Forum Sujana Mall (approx. 10 km).
• Locality appreciation trend: Manikonda has shown a consistent 8-12% price growth over the last 2-3 years due to IT corridor expansion and infrastructure development.
🏗️ Project Specifications
• Developer: Koncept Ambience
• Project: Ambience Courtyard
• TS-RERA: P02400003568 (Telangana RERA approved, protected under RERA Act 2016)
• Status: Under Construction | Possession: 2023-12
• Configuration: 2 BHK (950 sqft)
• Total Floors: 14 | Total Units: 853
• Approval: GHMC (Greater Hyderabad Municipal Corporation)
• Property Type: Apartment
🏠 2 BHK Unit Details (based on 950 sqft)
• Estimated layout: A well-designed living room (approx. 180 sqft), dining area (approx. 100 sqft), 2 spacious bedrooms (master approx. 140 sqft, second approx. 120 sqft), a functional kitchen (approx. 80 sqft), and 2 bathrooms (approx. 40-50 sqft each).
• Ceiling height: Typically 9.5 ft, providing a spacious feel.
• Balconies: One attached to the living room, often with an east or north orientation for ample natural light and ventilation.
• Kitchen: Semi-modular design with granite countertop and stainless steel sink, size estimate allows for comfortable cooking space.
• Master bedroom: Generous size with an attached bathroom and dedicated wardrobe niche.
• Flooring: Premium vitrified tiles in living, dining, and bedrooms; anti-skid ceramic tiles in bathrooms and balconies.
• Parking: One covered car parking space per unit is typically provided.
• Utility / wash area: A dedicated utility area adjacent to the kitchen for laundry and other chores is standard.
🌿 Amenities
• Fitness & Wellness: Swimming Pool, Gym, Jogging Track
• Social & Entertainment: Club House, Multipurpose Hall
• Kids & Family: Children Play Area
• Safety & Security: 24/7 Security, CCTV Surveillance, Intercom, Fire Safety
• Utilities: Power Backup, Rainwater Harvesting, Lift
• Parking & Transport: Covered Parking
• Green Spaces: Landscaped Gardens
💰 Price & Financial Breakdown
• Unit price: ₹1.70 Cr | Per sqft: ₹17,895/sqft
• Stamp duty & registration: ₹6,80,000 (4% stamp duty) + ₹85,000 (0.5% registration) = ₹7,65,000
• GST: 5% is applicable as the property is under construction.
• Maintenance: Estimated at ₹3/sqft/month, amounting to ₹2,850/month for 950 sqft.
• Floor rise: Typically ₹100/sqft extra per floor from the 3rd floor onwards.
• Estimated EMI: ₹1,13,805/month (calculated at 8.5% p.a. interest, 20-year tenure, 80% Loan-to-Value).
• Rental yield: Expected annual rental yield of 3-4.5% in the Manikonda corridor due to high demand from IT professionals.
• Capital appreciation: Projected 5-8% annual capital appreciation, driven by infrastructure growth and economic development in Hyderabad.
📊 Market Intelligence — Manikonda
Manikonda stands as a pivotal investment micro-market in Hyderabad, strategically positioned near the Financial District and Gachibowli, making it highly attractive to IT and corporate professionals. The locality benefits immensely from its proximity to major IT/pharma corridors and excellent connectivity via the Outer Ring Road (ORR) and burgeoning metro network extensions. Recent infrastructure projects, including enhanced road networks and ongoing HMDA approvals for new developments, continually bolster its real estate value. Hyderabad, consistently ranked as one of India's top real estate markets in 2024–25, offers robust growth prospects, and Manikonda is at the forefront of this surge. Ambience Courtyard by Koncept Ambience specifically stands out due to its RERA compliance, established developer reputation, comprehensive amenities, and competitive pricing within this high-demand zone, ensuring both capital appreciation and a desirable lifestyle for residents.
🏆 Top 5 Reasons to Buy
1. Developer reputation: Koncept Ambience is a well-regarded developer known for quality construction and timely delivery, ensuring peace of mind.
2. Location advantage: Proximity to Financial District and Gachibowli (6-8 km) offers a short commute for IT professionals and access to major employment hubs.
3. Price value: At ₹17,895/sqft, it offers competitive pricing compared to similar premium projects in Manikonda's rapidly appreciating market.
4. RERA protection: TS-RERA registration (P02400003568) provides transparency, accountability, and legal safeguards for buyers.
5. Investment case: Strong potential for 5-8% annual capital appreciation and a rental yield of 3-4.5% due to high demand and strategic location.
❓ Buyer FAQ — 27 Questions
Q1: What is the exact price of this 2 BHK in Manikonda?
A: The exact price for this 2 BHK apartment of 950 sqft in Ambience Courtyard, Manikonda, is ₹1.70 Cr.
Q2: What is the RERA registration number and what buyer protections does it give?
A: The TS-RERA registration number is P02400003568. RERA ensures project transparency, protects against delays, mandates quality construction, and safeguards buyer investments under the RERA Act 2016.
Q3: What is the possession date and what is the penalty for developer delay?
A: The committed possession date is December 2023. Under RERA, if the developer delays possession beyond the agreed date, they are liable to pay compensation to the buyer, typically in the form of interest on the amount paid.
Q4: Who is Koncept Ambience — how many years, key Hyderabad projects, reputation?
A: Koncept Ambience is a reputed real estate developer with over two decades of experience. They are known for projects like Ambience Fort, Ambience Island, and Ambience Courtyard, maintaining a strong reputation for quality and timely delivery in Hyderabad.
Q5: What is the price per sqft and how does it compare to Manikonda average?
A: The price per sqft for this unit is ₹17,895. This is competitive and falls within the premium segment of Manikonda, which averages around ₹16,000-₹19,000 per sqft for similar new projects.
Q6: Which banks offer home loans for Ambience Courtyard?
A: Major banks like HDFC Bank, ICICI Bank, SBI, Axis Bank, and LIC Housing Finance typically offer home loans for RERA-approved projects like Ambience Courtyard.
Q7: What will be the EMI at current rates?
A: Based on an 80% LTV, 8.5% p.a. interest rate, and a 20-year tenure, the estimated EMI for this property would be ₹1,13,805 per month.
Q8: What is the stamp duty and registration charge in Telangana?
A: In Telangana, the stamp duty is 4% (₹6,80,000) and the registration charge is 0.5% (₹85,000) of the property value, totaling ₹7,65,000 for this unit.
Q9: Is GST applicable and how much?
A: Yes, GST is applicable at 5% on the property value as it is an under-construction project.
Q10: What are the monthly maintenance charges?
A: Estimated monthly maintenance charges are ₹2,850, calculated at ₹3 per sqft for a 950 sqft unit.
Q11: Is there a floor rise charge — how much?
A: Yes, a floor rise charge is typically applicable, estimated at ₹100 per sqft for every floor above the 3rd floor.
Q12: What amenities are available and what is included in base price?
A: Amenities such as Swimming Pool, Gym, Club House, Children Play Area, 24/7 Security, CCTV, Power Backup, Lift, Rainwater Harvesting, Landscaped Gardens, Covered Parking, Jogging Track, Multipurpose Hall, Intercom, and Fire Safety are available and generally included in the base price.
Q13: Distance to nearest IT hub — Hitech City / Gachibowli / Financial District?
A: Ambience Courtyard is approximately 6-8 km from the Financial District and Gachibowli, and about 10-12 km from Hitech City, making it highly accessible to major IT hubs.
Q14: Which schools are within 3 km?
A: Prominent schools within 3 km include Oakridge International School, Delhi Public School, and Chirec International School.
Q15: Which hospitals are within 5 km?
A: Hospitals like Continental Hospitals, Care Hospitals Gachibowli, and Sunshine Hospitals Gachibowli are located within a 5 km radius.
Q16: What are the nearest malls and retail zones?
A: The nearest major shopping destinations are Inorbit Mall (approx. 7 km), Sarath City Capital Mall (approx. 9 km), and Forum Sujana Mall (approx. 10 km).
Q17: What is the metro/transport connectivity?
A: The project offers good road connectivity to ORR and major arterial roads. The nearest metro stations are Raidurg (Green Line) and Pedamma Gudi (Blue Line), both approximately 8-9 km away.
Q18: What is the current resale value trend in Manikonda?
A: Manikonda has shown strong resale value trends, with property values appreciating by 8-12% annually in the last few years due to continuous infrastructure development and IT sector growth.
Q19: What rental income can I earn from this property?
A: A 2 BHK in Manikonda can typically fetch a monthly rental income of ₹30,000 - ₹45,000, leading to an annual rental yield of 3-4.5%.
Q20: How does Ambience Courtyard compare to competing projects in Manikonda?
A: Ambience Courtyard stands out with its RERA compliance, established developer, comprehensive amenities, and competitive pricing for its premium offerings compared to other projects in Manikonda.
Q21: What is the carpet area vs. super built-up area for this 2 BHK?
A: For a 950 sqft super built-up area, the carpet area for a 2 BHK typically ranges from 680-720 sqft, as per RERA guidelines.
Q22: Is the layout Vastu compliant?
A: While specific Vastu compliance details vary by unit, Koncept Ambience usually incorporates Vastu principles in its designs. Buyers can confirm specific unit layouts with the sales team.
Q23: What is the parking arrangement — covered or open?
A: Ambience Courtyard provides covered parking spaces for residents, with one dedicated slot typically allotted per 2 BHK unit.
Q24: Is 24/7 power backup and water supply guaranteed?
A: Yes, the project offers 24/7 power backup for common areas and essential services, and a continuous water supply is ensured through municipal connections and borewells with treatment plants.
Q25: What legal documents will I receive at possession?
A: Upon possession, you will receive the sale deed, occupancy certificate (OC), RERA completion certificate, and other relevant property documents.
Q26: What is the cancellation and refund policy?
A: The cancellation and refund policy is governed by the terms outlined in the Agreement for Sale, in compliance with RERA regulations. Specifics should be reviewed in the agreement.
Q27: Is this property eligible under PMAY housing scheme?
A: Eligibility for the PMAY (Pradhan Mantri Awas Yojana) housing scheme depends on the buyer's income criteria and other government guidelines, not solely on the property. Buyers should check their individual eligibility.
🏢 About Koncept Ambience
• Established: 1993
• Key completed projects in Hyderabad: Ambience Fort, Ambience Island, Ambience Green Village
• Known for: Delivering high-quality residential and commercial projects, sustainable development practices, and maintaining a strong reputation for customer satisfaction and on-time project completion.
