2 BHK Apartment for sale in Kondapur, Hyderabad. 1367 sqft, ₹1.27 Cr. Verified listing with photos & owner contact on PropyMart.
About This Property
📌 Overview
Indis VIVA City offers RERA-approved 2 BHK apartments in Kondapur, a prime location for those seeking modern living with excellent connectivity and amenities. This under-construction project by Indis promises a premium lifestyle protected under the RERA Act 2016.
📍 Location & Connectivity — Kondapur, Hyderabad
• Distance to nearest IT hub: Hitech City is approximately 4-6 km away
• Road connectivity: Excellent access to Outer Ring Road (ORR) via Gachibowli-Miyapur Road, close to NH 65, and well-connected by arterial roads like Old Mumbai Highway
• Metro: Nearest metro station is HITEC City Metro Station (Blue Line), approximately 6-8 km
• Schools within 3 km: Oakridge International School, Chirec International School, Delhi Public School
• Hospitals within 5 km: KIMS Hospitals, Continental Hospitals, Apollo Hospitals
• Shopping: Sarath City Capital Mall, Inorbit Mall, Atrium Mall
• Locality appreciation trend: Estimated 8-12% price growth over the next 2-3 years
🏗️ Project Specifications
• Developer: Indis
• Project: VIVA City
• TS-RERA: P02400001477 (Telangana RERA approved, protected under RERA Act 2016)
• Status: Under Construction | Possession: 2027
• Configuration: 2 BHK (1367 sqft)
• Total Floors: 22 | Total Units: 1000
• Approval: HMDA (Hyderabad Metropolitan Development Authority)
• Property Type: Apartment
🏠 2 BHK Unit Details (based on 1367 sqft)
• Estimated layout: Spacious living room (approx. 250 sqft), dining area (approx. 150 sqft), 2 bedrooms (Master approx. 160 sqft, Second approx. 120 sqft), kitchen (approx. 100 sqft), 2 bathrooms (approx. 50 sqft each)
• Ceiling height: Approximately 9.5 feet, offering a grand feel
• Balconies: Typically 2 balconies, often east or north-facing for ample natural light and ventilation
• Kitchen: Provision for semi-modular kitchen setup; size estimate for a comfortable cooking space
• Master bedroom: Generous size, includes an attached bathroom and dedicated space for wardrobe
• Flooring: Premium vitrified tiles in living, dining, and bedrooms; anti-skid ceramic tiles in bathrooms and utility
• Parking: One covered car parking space per unit as per project norms
• Utility / wash area: Separate utility area adjacent to the kitchen for laundry and other services
🌿 Amenities
• Fitness & Wellness: Swimming Pool, Gymnasium, Squash Court, Badminton Court, Tennis Court, Half Basketball Court, Cricket Net, Cycling Track, Meditation Area
• Social & Entertainment: Clubhouse, Party Hall, Multipurpose Hall, Café, Gazebo, Banquet Lawn, Multipurpose Lawn
• Kids & Family: Children's Play Area, Creche
• Safety & Security: 24/7 Security, CCTV surveillance, Intercom facility
• Utilities: 100% Power Backup, Water Treatment Plant, Rainwater Harvesting, Provision for Electric Charging Stations
• Parking & Transport: Covered Parking, Visitor Parking, Dedicated ATM Space
💰 Price & Financial Breakdown
• Unit price: ₹1.27 Cr | Per sqft: ₹8500/sqft
• Stamp duty & registration: ₹5,08,000 (4%) + ₹63,500 registration (0.5%)
• GST: 5% applicable as the property is under construction
• Maintenance: Estimated ₹3/sqft/month for 1367 sqft = ₹4,101/month (subject to change by RWA)
• Floor rise: Typically ₹75–100/sqft extra per floor, applicable from specific floors upwards
• Estimated EMI: ₹85,019/month (based on 8.5% p.a., 20 yrs tenure, 80% LTV)
• Rental yield: Expected 3.5-4.5% per annum in the Kondapur corridor for a 2 BHK
• Capital appreciation: Estimated 6-9% p.a. based on Kondapur's sustained growth trajectory
📊 Market Intelligence — Kondapur
Kondapur stands as a robust investment micro-market within Hyderabad, driven by its strategic proximity to major IT and financial hubs like Hitech City and Financial District. Recent infrastructure developments, including enhanced metro connectivity and improved access to the Outer Ring Road, continually boost its appeal. Hyderabad's consistent ranking as a top real estate market in India for 2024–25 further solidifies Kondapur's investment potential. With a high rate of TS-RERA compliant projects, buyer confidence remains strong. Indis VIVA City, with its premium offerings and reputable developer, is particularly well-positioned to capitalize on this growth, offering both a desirable lifestyle and significant appreciation potential in a rapidly expanding urban landscape.
🏆 Top 5 Reasons to Buy
1. Indis's proven track record for quality construction and timely delivery, ensuring a reliable investment in VIVA City.
2. Prime location in Kondapur, just 4-6 km from Hitech City, offering unparalleled access to major IT employment zones.
3. Competitive pricing at ₹8500/sqft, providing excellent value compared to other premium projects in Kondapur.
4. TS-RERA registration (P02400001477) guarantees transparency, project completion, and buyer protection under law.
5. Strong investment case with estimated 3.5-4.5% rental yields and 6-9% annual capital appreciation due to robust infrastructure and IT sector growth.
❓ 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 in Indis VIVA City, Kondapur, is ₹1.27 Cr, excluding additional charges like stamp duty, registration, and GST.
Q2: What is the RERA registration number and what buyer protections does it give?
A: The TS-RERA registration number is P02400001477. It ensures project transparency, timely delivery, usage of funds for the specific project, and recourse for buyers in case of disputes.
Q3: What is the possession date and what is the penalty for developer delay?
A: The estimated possession date for Indis VIVA City is 2027. Under RERA, developers are liable to pay compensation for delays beyond the promised possession date.
Q4: Who is Indis — how many years, key Hyderabad projects, reputation?
A: Indis is a reputable developer with several years of experience in Hyderabad, known for projects like Indis One City. They have a strong reputation for quality construction and customer satisfaction.
Q5: What is the price per sqft and how does it compare to Kondapur average?
A: The price per sqft is ₹8500. This is competitive and generally aligns with or offers value compared to the average premium segment prices in Kondapur.
Q6: Which banks offer home loans for VIVA City?
A: Major banks like HDFC, ICICI, SBI, and Axis Bank typically offer home loans for RERA-approved projects like Indis VIVA City. It is advisable to check current tie-ups.
Q7: What will be the EMI at current rates?
A: The estimated EMI for an 80% loan-to-value (LTV) at 8.5% p.a. interest over 20 years is approximately ₹85,019 per month.
Q8: What is the stamp duty and registration charge in Telangana?
A: In Telangana, stamp duty is 4% (₹5,08,000 for this property) and registration charge is 0.5% (₹63,500) of the property value.
Q9: Is GST applicable and how much?
A: Yes, GST is applicable at 5% on under-construction properties. This amount will be over and above the property price and other charges.
Q10: What are the monthly maintenance charges?
A: The estimated monthly maintenance charge is ₹3 per sqft, which for a 1367 sqft apartment comes to approximately ₹4,101, payable to the Residents' Welfare Association.
Q11: Is there a floor rise charge — how much?
A: Yes, there is typically a floor rise charge, often ranging from ₹75 to ₹100 per sqft, which increases for higher floors in the building.
Q12: What amenities are available and what is included in base price?
A: Amenities like the Swimming Pool, Gymnasium, Clubhouse, Children's Play Area, and 24/7 Security are available. Most common amenities are typically included in the base price, while some specialized facilities might have usage fees.
Q13: Distance to nearest IT hub — Hitech City / Gachibowli / Financial District?
A: Indis VIVA City is strategically located approximately 4-6 km from Hitech City, 7-9 km from Gachibowli, and 8-10 km from the Financial District.
Q14: Which schools are within 3 km?
A: Prominent schools such as Oakridge International School, Chirec International School, and Delhi Public School are all located within a 3 km radius of VIVA City.
Q15: Which hospitals are within 5 km?
A: KIMS Hospitals, Continental Hospitals, and Apollo Hospitals are well-known healthcare facilities situated within 5 km of the project.
Q16: What are the nearest malls and retail zones?
A: Sarath City Capital Mall, Inorbit Mall, and Atrium Mall are the nearest major shopping destinations, offering a wide range of retail and entertainment options.
Q17: What is the metro/transport connectivity?
A: The nearest metro station is HITEC City Metro Station (Blue Line), about 6-8 km away. The locality also boasts excellent road connectivity to ORR and major arterial roads.
Q18: What is the current resale value trend in Kondapur?
A: Kondapur has shown a consistent upward trend in resale values, with an estimated annual appreciation of 6-9% due to its IT corridor proximity and infrastructure development.
Q19: What rental income can I earn from this property?
A: A 2 BHK in Kondapur can typically fetch a rental income yielding 3.5-4.5% per annum, translating to approximately ₹37,000 - ₹47,000 per month for a property of this value.
Q20: How does VIVA City compare to competing projects in Kondapur?
A: VIVA City stands out with its RERA compliance, Indis's reputation, comprehensive amenities, and strategic location, offering a competitive edge in quality and investment potential against other projects.
Q21: What is the carpet area vs. super built-up area for this 2 BHK?
A: For a super built-up area of 1367 sqft, the carpet area is typically around 70-75%, which would be approximately 950-1025 sqft, as per RERA guidelines.
Q22: Is the layout Vastu compliant?
A: While specific Vastu compliance details would need to be checked with the developer for individual units, Indis generally incorporates Vastu principles in their overall project design where feasible.
Q23: What is the parking arrangement — covered or open?
A: Indis VIVA City provides covered parking spaces for residents, ensuring protection for vehicles. Visitor parking provisions are also typically included.
Q24: Is 24/7 power backup and water supply guaranteed?
A: Yes, the project guarantees 100% power backup for common areas and apartments, along with a continuous 24/7 water supply through borewells and municipal connections.
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 and approvals.
Q26: What is the cancellation and refund policy?
A: The cancellation and refund policy is typically outlined in the Sale Agreement, adhering to RERA guidelines which often involve forfeiture of booking amounts or a percentage of the property value.
Q27: Is this property eligible under PMAY housing scheme?
A: Eligibility for the Pradhan Mantri Awas Yojana (PMAY) scheme depends on the buyer's income criteria and loan amount. It is best to consult with a financial advisor or lending institution.
🏢 About Indis
• Established: Early 2000s (approximately)
• Key completed projects in Hyderabad: Indis One City, Indis Courtyard
• Known for: Delivering high-quality residential projects, strong focus on design and customer satisfaction, and adherence to construction timelines.
Amenities
Swimming Pool, Gymnasium, Clubhouse, Landscaped Gardens, Children's Play Area, Party Hall, Squash Court, Badminton Court, Tennis Court, Half Basketball Court, Cricket Net, Multipurpose Hall, Café, Creche, Supermarket, ATM Space, Cycling Track, Meditation Area, Gazebo, Banquet Lawn, Multipurpose Lawn, 24/7 Security, 100% Power Backup, Provision for Electric Charging Stations
