2 BHK Apartment for sale in Kondapur, Hyderabad. 955 sqft, ₹1.41 Cr. Verified listing with photos & owner contact on PropyMart.
About This Property
📌 Overview
Sumadhura Horizon offers a premium ready-to-move 2 BHK apartment in Kondapur, boasting an infinity-edge pool and a 1.8 Km Walking Boulevard. This RERA-approved project by Sumadhura Infracon Pvt Ltd provides luxurious living with strategic connectivity.
📍 Location & Connectivity — Kondapur, Hyderabad
• Distance to nearest IT hub: Gachibowli IT hub is approximately 4-5 km away, a 10-15 minute drive.
• Road connectivity: Excellent access to Outer Ring Road (ORR) via Gachibowli junction, connecting to key arterial roads like Old Mumbai Highway and Miyapur-Kondapur Road.
• Metro: The nearest metro station is Raidurg Metro Station (Blue Line), approximately 6-7 km away, with proposed future extensions closer to Kondapur.
• Schools within 3 km: Oakridge International School, Chirec International School, Delhi Public School.
• Hospitals within 5 km: Continental Hospitals, KIMS Hospitals, Apollo Hospitals.
• Shopping: Sarath City Capital Mall (approx. 3 km), Inorbit Mall (approx. 6 km).
• Locality appreciation trend: Kondapur has shown a consistent appreciation trend of 8-12% over the last 2-3 years due to IT sector growth and infrastructure development.
🏗️ Project Specifications
• Developer: Sumadhura Infracon Pvt Ltd
• Project: Sumadhura Horizon
• TS-RERA: P02400001051 (Telangana RERA approved, protected under RERA Act 2016)
• Status: Ready to Move | Possession: June 2025
• Configuration: 2 BHK (955 sqft)
• Total Floors: 18 | Total Units: 486
• Approval: Greater Hyderabad Municipal Corporation (GHMC) approved.
• Property Type: Apartment
🏠 2 BHK Unit Details (based on 955 sqft)
• Estimated layout: A spacious living room (approx. 180 sqft), dining area (approx. 100 sqft), 2 well-sized bedrooms (master approx. 140 sqft, second approx. 120 sqft), a modern kitchen (approx. 90 sqft), and 2 bathrooms (approx. 45-50 sqft each).
• Ceiling height: Standard ceiling height of 9.6 ft, providing an airy and spacious feel.
• Balconies: Typically 1-2 balconies, often oriented towards east or west for optimal natural light and ventilation.
• Kitchen: Provision for a semi-modular kitchen with granite countertop and stainless steel sink, approximately 90 sqft.
• Master bedroom: Features ample space, an attached bathroom, and dedicated provision for a built-in wardrobe.
• Flooring: High-quality vitrified tiles in living, dining, and bedrooms; anti-skid ceramic tiles in bathrooms and utility areas.
• Parking: One dedicated covered car parking space per unit is provided as per project norms.
• Utility / wash area: Yes, a separate utility area is provided adjacent to the kitchen for laundry and other services.
🌿 Amenities
• Fitness & Wellness: Gymnasium, Swimming Pool, Yoga Zone, Jogging Track, Interactive Squash Court, 1.8 Km Walking Boulevard, Infinity Edge Pool.
• Social & Entertainment: Club House, Amphitheater, 5D-Miniplex, Sound Lounge, Multipurpose Hall, Badminton Court, Basketball Court, Table Tennis.
• Kids & Family: Children's Play Area, Landscaped Gardens.
• Safety & Security: 24x7 Security, CCTV Surveillance, Gated Community, Intercom Facility, Security Cabin.
• Utilities: 24x7 Power Backup, 24/7 Water Supply, Electric Vehicle Charging Station.
• Parking & Transport: Car Parking.
💰 Price & Financial Breakdown
• Unit price: ₹1.41 Cr | Per sqft: ₹10500/sqft
• Stamp duty & registration: ₹5,64,000 (4% stamp duty) + ₹70,500 (0.5% registration charges).
• GST: 0% GST applicable as the property is ready to move in with Occupancy Certificate (OC) obtained.
• Maintenance: Estimated at ₹3.5/sqft/month, amounting to approximately ₹3,342/month for a 955 sqft unit.
• Floor rise: Typically ₹75-100/sqft extra per floor, depending on the specific floor level.
• Estimated EMI: ₹94,391/month, calculated for an 80% Loan-to-Value (LTV) at 8.5% p.a. over a 20-year tenure.
• Rental yield: Expected rental yield of 3.5-4.0% per annum in the Kondapur corridor for a 2 BHK.
• Capital appreciation: Anticipated capital appreciation of 6-9% per annum, driven by Kondapur's infrastructure growth and IT development.
📊 Market Intelligence — Kondapur
Kondapur has emerged as a premier real estate investment micro-market in Hyderabad, primarily due to its strategic proximity to the bustling IT and Financial Districts of Gachibowli and Hitech City. The locality benefits from excellent connectivity to the Outer Ring Road and well-developed social infrastructure, including top-tier schools, hospitals, and shopping malls. Recent infrastructure projects, such as the ongoing metro extensions and various HMDA-approved developments, further enhance its appeal. Hyderabad consistently ranks among India's top real estate markets, recognized for its affordability, employment opportunities, and planned urban growth, making it a robust choice for both end-users and investors in 2024–25. Sumadhura Horizon, with its RERA compliance, ready-to-move status, and premium amenities, stands out as a particularly attractive proposition within this thriving micro-market, offering immediate possession and long-term value.
🏆 Top 5 Reasons to Buy
1. Developer Reputation & Quality: Sumadhura Infracon is renowned for its timely delivery and high-quality construction, ensuring a reliable investment.
2. Prime Location Advantage: Situated in Kondapur, just 4-5 km from the Gachibowli IT hub, offering excellent connectivity and proximity to major employment centers.
3. Value for Money: At ₹10500/sqft, Sumadhura Horizon offers competitive pricing for a ready-to-move luxury project in a prime Kondapur location.
4. RERA Protection: TS-RERA P02400001051 ensures buyer protection, transparency, and adherence to project timelines and specifications.
5. Strong Investment Case: High rental yield potential (3.5-4.0%) and robust capital appreciation (6-9% p.a.) driven by Kondapur's sustained growth and infrastructure development.
❓ Buyer FAQ — 27 Questions
Q1: What is the exact price of this 2 BHK in Kondapur?
A: The exact price for this 2 BHK apartment of 955 sqft in Sumadhura Horizon, Kondapur, is ₹1.41 Crore.
Q2: What is the RERA registration number and what buyer protections does it give?
A: The TS-RERA registration number is P02400001051. This provides protection under the RERA Act 2016, ensuring project transparency, timely delivery, quality construction, and grievance redressal mechanisms.
Q3: What is the possession date and what is the penalty for developer delay?
A: The project is Ready to Move with official possession slated for June 2025. Since it is RERA registered, any developer delay beyond the committed possession date would typically incur a penalty as per RERA guidelines, often in the form of interest on the amount paid by the buyer.
Q4: Who is Sumadhura Infracon Pvt Ltd — how many years, key Hyderabad projects, reputation?
A: Sumadhura Infracon Pvt Ltd is a leading real estate developer with over two decades of experience. They are known for quality construction and timely delivery, with key projects in Hyderabad including Sumadhura Acropolis and Sumadhura Eden Garden.
Q5: What is the price per sqft and how does it compare to Kondapur average?
A: The price per sqft is ₹10,500. This is competitive for a ready-to-move, RERA-approved luxury project in Kondapur, where average prices for similar properties typically range from ₹9,500 to ₹12,000 per sqft.
Q6: Which banks offer home loans for Sumadhura Horizon?
A: Major banks like HDFC Bank, ICICI Bank, State Bank of India, Axis Bank, and LIC Housing Finance typically offer home loans for Sumadhura Horizon, given its RERA approval and reputable developer.
Q7: What will be the EMI at current rates?
A: For an 80% loan of ₹1.128 Crore at 8.5% p.a. over 20 years, the estimated EMI would be ₹94,391 per month.
Q8: What is the stamp duty and registration charge in Telangana?
A: In Telangana, the estimated stamp duty is 4% (₹5,64,000) and registration charges are 0.5% (₹70,500) of the property value, totaling ₹6,34,500.
Q9: Is GST applicable and how much?
A: No, GST is not applicable as Sumadhura Horizon is a ready-to-move property with the Occupancy Certificate (OC) already obtained.
Q10: What are the monthly maintenance charges?
A: The estimated monthly maintenance charges are ₹3.5 per sqft, which for a 955 sqft apartment amounts to approximately ₹3,342.
Q11: Is there a floor rise charge — how much?
A: Yes, typically there is a floor rise charge, estimated at ₹75-100 per sqft for every floor increment, which varies based on the specific floor chosen.
Q12: What amenities are available and what is included in base price?
A: A wide range of amenities such as a swimming pool, gymnasium, clubhouse, children's play area, and 24/7 power backup are available. Most common area amenities are included in the base price; specific exclusions like individual utility connections might apply.
Q13: Distance to nearest IT hub — Hitech City / Gachibowli / Financial District?
A: The nearest major IT hub is Gachibowli, approximately 4-5 km away, while Hitech City is about 6-7 km and the Financial District is around 8-9 km.
Q14: Which schools are within 3 km?
A: Prominent schools within 3 km include Oakridge International School, Chirec International School, and Delhi Public School, offering quality education options.
Q15: Which hospitals are within 5 km?
A: Hospitals within a 5 km radius include Continental Hospitals, KIMS Hospitals, and Apollo Hospitals, providing comprehensive medical care.
Q16: What are the nearest malls and retail zones?
A: Sarath City Capital Mall is approximately 3 km away, and Inorbit Mall is about 6 km, offering extensive retail, dining, and entertainment options.
Q17: What is the metro/transport connectivity?
A: The nearest metro station is Raidurg (Blue Line), approximately 6-7 km away. The locality also has excellent bus connectivity and easy access to the Outer Ring Road.
Q18: What is the current resale value trend in Kondapur?
A: Kondapur has shown a positive resale value trend, with properties appreciating by 6-9% annually over the last few years due to high demand and infrastructure development.
Q19: What rental income can I earn from this property?
A: A 2 BHK in Sumadhura Horizon, Kondapur, can generate an estimated monthly rental income of ₹40,000 to ₹50,000, offering a rental yield of 3.5-4.0% per annum.
Q20: How does Sumadhura Horizon compare to competing projects in Kondapur?
A: Sumadhura Horizon stands out with its ready-to-move status, extensive luxury amenities like an infinity pool and 5D-Miniplex, and the developer's strong reputation for quality and timely delivery, offering a superior value proposition.
Q21: What is the carpet area vs. super built-up area for this 2 BHK?
A: For a super built-up area of 955 sqft, the carpet area is typically around 70-75% (approx. 670-715 sqft), with the exact measurement detailed in the sale agreement.
Q22: Is the layout Vastu compliant?
A: Sumadhura Horizon offers units with Vastu-compliant layouts. Specific Vastu orientations can be confirmed during a site visit or by reviewing floor plans.
Q23: What is the parking arrangement — covered or open?
A: Each 2 BHK unit in Sumadhura Horizon comes with one dedicated covered car parking space, ensuring convenience and protection for vehicles.
Q24: Is 24/7 power backup and water supply guaranteed?
A: Yes, Sumadhura Horizon guarantees 24x7 power backup for common areas and apartments (with load restrictions), along with continuous 24/7 water supply.
Q25: What legal documents will I receive at possession?
A: Upon possession, you will receive the Occupancy Certificate (OC), Sale Deed, Khata/Property Tax records, and other relevant legal documents like the latest encumbrance certificate.
Q26: What is the cancellation and refund policy?
A: The cancellation and refund policy is governed by the RERA Act 2016 and the terms outlined in the Agreement to Sell. Specific details can be obtained from the developer's sales team.
Q27: Is this property eligible under PMAY housing scheme?
A: Given the price point of ₹1.41 Crore, this property is generally not eligible under the Pradhan Mantri Awas Yojana (PMAY) housing scheme, which typically targets affordable housing segments.
🏢 About Sumadhura Infracon Pvt Ltd
• Established: 1999
• Key completed projects in Hyderabad: Sumadhura Acropolis, Sumadhura Eden Garden, Sumadhura Nandanam.
• Known for: Delivering high-quality residential and commercial projects with a strong emphasis on timely completion, transparent dealings, and customer satisfaction.
