2 BHK Apartment for sale in Gachibowli, Hyderabad. 1127 sqft, ₹1.45 Cr. Verified listing with photos & owner contact on PropyMart.
About This Property
📌 Overview
Manjeera Casa by Manjeera Constructions offers a prime ready-to-move 2 BHK apartment in Gachibowli, providing immediate possession and RERA-approved security for discerning homebuyers seeking a blend of luxury and convenience.
📍 Location & Connectivity — Gachibowli, Hyderabad
• Nearest IT hub: Financial District, approximately 5 km away, offering proximity to major tech companies.
• Road connectivity: Excellent access to Outer Ring Road (ORR) via Tellapur Road, connecting to NH 65 and other arterial roads like Gachibowli-Miyapur Road.
• Metro: Lingampally MMTS station is approximately 7 km away; Gachibowli metro station (proposed) will enhance future connectivity.
• Schools within 3 km: Oakridge International School, Delhi Public School, and Chirec International School.
• Hospitals within 5 km: Continental Hospital, AIG Hospitals, and Care Hospitals Gachibowli.
• Shopping: Sarath City Capital Mall, Inorbit Mall, and numerous high-street retail options in Gachibowli.
• Locality appreciation trend: Estimated 8-12% price growth over the next 2-3 years due to sustained infrastructure development and IT sector expansion.
🏗️ Project Specifications
• Developer: Manjeera Constructions
• Project: Manjeera Casa
• TS-RERA: P02400004888 (Telangana RERA approved, protected under RERA Act 2016)
• Status: Ready to Move | Possession: 2023-12
• Configuration: 2 BHK (1127 sqft)
• Total Floors: 10 | Total Units: 57
• Approval: GHMC
• Property Type: Apartment
🏠 2 BHK Unit Details (based on 1127 sqft)
• Estimated layout: Spacious living room (approx. 200 sqft), dining area (approx. 100 sqft), 2 bedrooms (master approx. 140 sqft, second approx. 120 sqft), kitchen (approx. 80 sqft), 2 bathrooms (approx. 40-50 sqft each).
• Ceiling height: Typically 9.5 feet, offering a sense of spaciousness.
• Balconies: One large balcony attached to the living room, often north or east facing for optimal light and ventilation.
• Kitchen: Semi-modular kitchen with granite countertop and provision for hob and chimney; size approximately 80 sqft.
• Master bedroom: Generous size (approx. 140 sqft) with attached bathroom and dedicated space for wardrobe.
• Flooring: Premium vitrified tiles in living, dining, and bedrooms; anti-skid ceramic tiles in bathrooms and utility areas.
• Parking: One reserved covered parking slot per unit.
• Utility / wash area: Separate utility area adjacent to the kitchen with provision for washing machine.
🌿 Amenities
• Fitness & Wellness:
• Gymnasium
• Swimming Pool
• Jogging Track
• Yoga Deck
• Social & Entertainment:
• Clubhouse
• Badminton Court
• Basketball Court
• Indoor Games
• Banquet Hall
• Multipurpose Hall
• Sunset Deck
• Kids & Family:
• Children's Play Area
• Terrace Garden
• Landscape Garden
• Herbal Gardens
• Safety & Security:
• 24/7 Security
• CCTV Camera Security
• Intercom Facility
• Lifts
• Utilities:
• Power Backup (100% for common areas, limited for units)
• Rain Water Harvesting
• Water Treatment Plant
• Waste Disposal
• Parking & Transport:
• Reserved Parking
• Car Wash Area
💰 Price & Financial Breakdown
• Unit price: ₹1.45 Cr | Per sqft: ₹7500/sqft
• Stamp duty & registration: ₹5,80,000 (4%) + ₹72,500 registration (0.5%) = ₹6,52,500
• GST: 0% if ready to move with OC obtained (which is the case for Manjeera Casa).
• Maintenance: Estimated ₹3/sqft/month for 1127 sqft = ₹3,381/month.
• Floor rise: Typically ₹50–150/sqft extra per floor, but may not apply to ready-to-move units depending on current availability.
• Estimated EMI: ₹97,069/month (8.5% p.a., 20 yrs, 80% LTV, approximate).
• Rental yield: Expected 3.5–4.5% per annum in the Gachibowli corridor due to high demand from IT professionals.
• Capital appreciation: Estimated 6–9% p.a. based on Gachibowli's consistent growth trajectory and infrastructure development.
📊 Market Intelligence — Gachibowli
Gachibowli stands as a formidable investment micro-market in Hyderabad, driven by its strategic positioning at the heart of the city's IT, pharma, and logistics corridors. The continuous influx of global companies and the expansion of existing tech giants fuel robust housing demand. Recent infrastructure projects, including the Outer Ring Road (ORR) and planned metro extensions, significantly enhance connectivity and accessibility, making it highly desirable for both residents and investors. Telangana's proactive RERA compliance ensures buyer confidence, while Hyderabad's overall real estate market consistently ranks among India's top performers in 2024–25 for appreciation and absorption. Manjeera Casa, being a ready-to-move, RERA-approved project from a reputable developer, offers immediate returns and capitalizes on Gachibowli's sustained growth, making it a standout option for those seeking stability and appreciation.
🏆 Top 5 Reasons to Buy
1. Reputable Developer: Manjeera Constructions is known for quality construction and timely delivery, ensuring a reliable investment.
2. Prime Location: Located in Gachibowli, just 5 km from the Financial District, providing excellent access to major IT hubs.
3. Value for Money: At ₹7500/sqft, it offers competitive pricing for a ready-to-move, RERA-approved property in a premium locality.
4. RERA Protection: TS-RERA P02400004888 ensures transparency, project completion, and protects buyer interests under the RERA Act 2016.
5. Strong Investment Case: High rental yield potential (3.5-4.5%) and strong capital appreciation (6-9% p.a.) driven by Gachibowli's robust market.
❓ Buyer FAQ — 27 Questions
Q1: What is the exact price of this 2 BHK in Gachibowli?
A: The exact price for this 2 BHK apartment at Manjeera Casa in Gachibowli is ₹1.45 Crore.
Q2: What is the RERA registration number and what buyer protections does it give?
A: The TS-RERA registration number is P02400004888. It ensures project transparency, adherence to timelines, and protects buyers against project delays and quality issues as per the RERA Act 2016.
Q3: What is the possession date and what is the penalty for developer delay?
A: The possession date was December 2023, and the project is ready to move. Since it's ready, developer delay penalties are not applicable.
Q4: Who is Manjeera Constructions — how many years, key Hyderabad projects, reputation?
A: Manjeera Constructions is a well-established developer with a strong reputation for delivering quality residential and commercial projects in Hyderabad for several decades. They are known for projects like Manjeera Majestic Commercial and Manjeera Trinity Homes.
Q5: What is the price per sqft and how does it compare to Gachibowli average?
A: The price per sqft is ₹7500. This is competitive for a ready-to-move, RERA-approved project in Gachibowli, where average prices for similar properties typically range from ₹7000 to ₹9000 per sqft.
Q6: Which banks offer home loans for Manjeera Casa?
A: Most leading banks such as SBI, HDFC, ICICI, Axis Bank, and LIC Housing Finance offer home loans for RERA-approved projects like Manjeera Casa.
Q7: What will be the EMI at current rates?
A: For an 80% loan-to-value (LTV) at an 8.5% p.a. interest rate over 20 years, the estimated EMI would be ₹97,069 per month.
Q8: What is the stamp duty and registration charge in Telangana?
A: In Telangana, the estimated stamp duty is 4% (₹5,80,000) and the registration charge is 0.5% (₹72,500) of the property value.
Q9: Is GST applicable and how much?
A: No, GST is not applicable on ready-to-move properties like Manjeera Casa, as the Occupancy Certificate (OC) has been obtained.
Q10: What are the monthly maintenance charges?
A: The estimated monthly maintenance charges are ₹3 per sqft, which for a 1127 sqft unit would be approximately ₹3,381.
Q11: Is there a floor rise charge — how much?
A: As the project is ready to move, specific floor rise charges may not apply in the same way as under-construction projects. Pricing is generally fixed per available unit.
Q12: What amenities are available and what is included in base price?
A: Amenities like the gymnasium, swimming pool, clubhouse, children's play area, and reserved parking are available and typically included in the base price. Any specific premium amenities might have separate charges.
Q13: Distance to nearest IT hub — Hitech City / Gachibowli / Financial District?
A: Manjeera Casa is approximately 5 km from the Financial District and 8-10 km from Hitech City, offering convenient access 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 within 5 km include Continental Hospital, AIG Hospitals, and Care Hospitals Gachibowli, ensuring quick access to medical facilities.
Q16: What are the nearest malls and retail zones?
A: The nearest major shopping destinations are Sarath City Capital Mall and Inorbit Mall, both within a 15-20 minute drive.
Q17: What is the metro/transport connectivity?
A: The Lingampally MMTS station is about 7 km away, and the locality has good bus connectivity. Future metro extensions are planned to enhance public transport options.
Q18: What is the current resale value trend in Gachibowli?
A: Gachibowli consistently shows a positive resale value trend, with properties appreciating by 6-9% annually due to high demand and infrastructure development.
Q19: What rental income can I earn from this property?
A: A 2 BHK in Gachibowli can typically fetch a rental income yielding 3.5-4.5% per annum, translating to approximately ₹40,000 - ₹55,000 per month for a 1127 sqft unit.
Q20: How does Manjeera Casa compare to competing projects in Gachibowli?
A: Manjeera Casa stands out with its ready-to-move status, RERA approval, and competitive pricing from a reputed developer, offering immediate possession and a full suite of amenities compared to many under-construction projects.
Q21: What is the carpet area vs. super built-up area for this 2 BHK?
A: For a 1127 sqft super built-up area, the carpet area is typically around 70-75%, which would be approximately 788-845 sqft.
Q22: Is the layout Vastu compliant?
A: While specific Vastu compliance details vary by unit, Manjeera Constructions generally incorporates Vastu principles in their overall project design. Buyers can consult with the sales team for specific unit orientations.
Q23: What is the parking arrangement — covered or open?
A: Each 2 BHK unit at Manjeera Casa comes with one reserved covered parking slot.
Q24: Is 24/7 power backup and water supply guaranteed?
A: Yes, Manjeera Casa provides 24/7 power backup for common areas and limited backup for individual units, along with continuous water supply through a water treatment plant.
Q25: What legal documents will I receive at possession?
A: Upon possession, you will receive the sale deed, Occupancy Certificate (OC), RERA compliance certificate, and other relevant property documents.
Q26: What is the cancellation and refund policy?
A: As this is a ready-to-move property, cancellation policies are generally stringent post-booking. Specific terms would be outlined in the booking agreement.
Q27: Is this property eligible under PMAY housing scheme?
A: Eligibility for the PMAY scheme depends on individual buyer income criteria and other government guidelines. It's best to check with a home loan provider based on your specific profile.
🏢 About Manjeera Constructions
• Established: Early 1980s
• Key completed projects in Hyderabad: Manjeera Majestic Commercial, Manjeera Trinity Homes, Manjeera Diamond Towers.
• Known for: Quality construction, timely project delivery, transparent dealings, and a strong customer-centric approach in residential and commercial developments.
Amenities
Gymnasium, Children's Play Area, Terrace Garden, Landscape Garden, Herbal Gardens, Yoga Deck, Sunset Deck, Badminton Court, Basketball Court, Clubhouse, Jogging Track, Swimming Pool, Power Backup, Reserved Parking, 24/7 Security, CCTV Camera Security, Lifts, Intercom Facility, Rain Water Harvesting, Water Treatment Plant, Waste Disposal, Car Wash Area, Indoor Games, Banquet Hall, Multipurpose Hall
