3 BHK Apartment for sale in Banjara Hills, Hyderabad. 2630 sqft, ₹3.35 Cr. Verified listing with photos & owner contact on PropyMart.
About This Property
📌 Overview
Fortune One by Sri Sreenivasa Infra offers an unparalleled luxury living experience with this ready-to-move 3 BHK apartment in the prestigious Banjara Hills, featuring an exquisite rooftop infinity pool and a skywalk.
📍 Location & Connectivity — Banjara Hills, Hyderabad
• Distance to nearest IT hub: Gachibowli Financial District is approximately 12-15 km, a 30-40 minute drive via Outer Ring Road (ORR).
• Road connectivity: Excellent access to Outer Ring Road (ORR) within 8 km, connecting to NH 65 and NH 44, and key arterial roads like Road No. 12, Banjara Hills Road No. 1 and Road No. 3.
• Metro: Nearest metro station is Jubilee Hills Check Post (Blue Line), approximately 3 km away, providing seamless connectivity across Hyderabad.
• Schools within 3 km: Delhi Public School, Oakridge International School (Gachibowli campus is slightly further but accessible), St. Ann's High School.
• Hospitals within 5 km: Apollo Hospitals (Jubilee Hills), Yashoda Hospitals (Somajiguda), KIMS Hospitals (Secunderabad).
• Shopping: GVK One Mall is less than 1 km away, and City Centre Mall is approximately 2 km.
• Locality appreciation trend: Banjara Hills has shown a consistent appreciation trend of 6-8% per annum over the last 2-3 years, driven by its prime location and infrastructure.
🏗️ Project Specifications
• Developer: Sri Sreenivasa Infra
• Project: Fortune One
• TS-RERA: P02500001139 (Telangana RERA approved, protected under RERA Act 2016)
• Status: Ready to Move | Possession: 2023-MM
• Configuration: 3 BHK (2630 sqft)
• Total Floors: 10 | Total Units: 174
• Approval: Greater Hyderabad Municipal Corporation (GHMC) and Hyderabad Metropolitan Development Authority (HMDA) approved.
• Property Type: Apartment
🏠 3 BHK Unit Details (based on 2630 sqft)
• Estimated layout: A spacious living room (approx. 450 sqft), dedicated dining area (approx. 250 sqft), three well-sized bedrooms (master approx. 250 sqft, others 180-200 sqft each), a large kitchen (approx. 120 sqft), and three bathrooms.
• Ceiling height: A generous 10 feet ceiling height for an expansive feel.
• Balconies: Typically 2-3 balconies, often oriented towards East or North for ample natural light and ventilation.
• Kitchen: Provision for a semi-modular kitchen, with a dedicated utility area, approximately 120 sqft.
• Master bedroom: Large master bedroom with an attached en-suite bathroom and dedicated space for wardrobe.
• Flooring: Premium vitrified tiles in living, dining, and bedrooms; anti-skid ceramic tiles in bathrooms and balconies.
• Parking: One dedicated covered car parking space per unit.
• Utility / wash area: Yes, a separate utility/wash area adjacent to the kitchen.
🌿 Amenities
• Fitness & Wellness: Rooftop Infinity Swimming Pool, Counter Current Pool, Gymnasium, Spa, Yoga and Meditation Deck, Sensory Pathway.
• Social & Entertainment: Clubhouse, Cabana, Rooftop Garden, Rooftop Jacuzzi, Skywalk, Outdoor Dining Area with Pantry, Amphitheater, Cards Room, Zen Garden, Central Courtyard.
• Kids & Family: Children Play Area, Putting Green.
• Safety & Security: 24x7 Security, 24x7 CCTV Surveillance, Lifts with security access.
• Utilities: 24X7 Water Supply, Power Backup.
• Parking & Transport: Covered parking, Park area within premises.
💰 Price & Financial Breakdown
• Unit price: ₹3.35 Cr | Per sqft: ₹12,738/sqft
• Stamp duty & registration: ₹13,40,000 (4% stamp duty) + ₹1,67,500 (0.5% registration) = ₹15,07,500.
• GST: 0% applicable as the property is Ready to Move with Occupancy Certificate (OC) obtained.
• Maintenance: Estimated at ₹3.5/sqft/month for 2630 sqft = ₹9,205/month.
• Floor rise: Not applicable as the project is ready to move; pricing is fixed per unit.
• Estimated EMI: ₹2,24,262/month (based on 8.5% p.a. interest, 20-year tenure, 80% LTV).
• Rental yield: Expected rental yield in Banjara Hills corridor is 3-4.5% per annum.
• Capital appreciation: Estimated 5-8% per annum based on Banjara Hills' historical growth trajectory and future infrastructure development.
📊 Market Intelligence — Banjara Hills & Hyderabad
Banjara Hills remains a highly sought-after micro-market in Hyderabad, driven by its unparalleled social infrastructure, proximity to commercial hubs, and status as a premium residential address. Its strategic location offers excellent connectivity to the bustling IT corridors of Gachibowli and Hitech City, as well as easy access to the Outer Ring Road and metro network, enhancing its appeal for both end-users and investors. Recent infrastructure developments, including new flyovers and road expansions, further bolster its connectivity. The Telangana RERA (TS-RERA) has significantly improved buyer confidence, ensuring transparency and accountability in the real estate sector. Hyderabad continues to be recognized as one of India's top real estate markets, thanks to its robust economic growth, influx of multinational companies, and a stable political environment. Fortune One specifically stands out within this landscape due to its ready-to-move status, premium amenities, reputable developer, and its prime address in one of Hyderabad's most exclusive localities.
🏆 Top 5 Reasons to Buy
1. Developer Reputation: Sri Sreenivasa Infra is known for quality construction and timely delivery, ensuring a reliable investment in Fortune One.
2. Location Advantage: Situated in Banjara Hills, it offers excellent connectivity to Gachibowli (12-15 km), premium social infrastructure, and a high-end lifestyle.
3. Price Value: At ₹12,738/sqft, it offers competitive pricing for a ready-to-move luxury apartment in a prime Banjara Hills location, compared to new launches.
4. RERA Protection: TS-RERA P02500001139 provides complete buyer protection, ensuring project adherence to timelines, quality, and promised specifications.
5. Investment Case: High capital appreciation potential (5-8% p.a.) and strong rental yield (3-4.5% p.a.) driven by Banjara Hills' premium status and ongoing infrastructure growth.
❓ Buyer FAQ — 27 Questions
Q1: What is the exact price of this 3 BHK in Banjara Hills?
A1: The exact price for this 2630 sqft 3 BHK apartment in Fortune One, Banjara Hills, is ₹3.35 Cr.
Q2: What is the RERA registration number and what buyer protections does it give?
A2: The TS-RERA registration number is P02500001139. This ensures transparency, timely project completion, adherence to promised specifications, and legal recourse under the RERA Act 2016.
Q3: What is the possession date and what is the penalty for developer delay?
A3: This property is Ready to Move, with possession obtained in 2023. As it is already completed, developer delay penalties are not applicable.
Q4: Who is Sri Sreenivasa Infra — how many years, key Hyderabad projects, reputation?
A4: Sri Sreenivasa Infra is a reputable developer in Hyderabad, known for delivering quality residential projects. They have a track record of several years in the city's real estate market, building a reputation for reliability.
Q5: What is the price per sqft and how does it compare to Banjara Hills average?
A5: The price per sqft is ₹12,738. This is competitive for a ready-to-move luxury apartment in Banjara Hills, which typically sees average prices ranging from ₹12,000 to ₹18,000+ per sqft depending on the specific road and amenities.
Q6: Which banks offer home loans for Fortune One?
A6: Most major banks such as HDFC Bank, ICICI Bank, SBI, Axis Bank, and LIC Housing Finance offer home loans for RERA-approved projects like Fortune One. Loan eligibility depends on the buyer's financial profile.
Q7: What will be the EMI at current rates?
A7: For an 80% LTV loan on ₹3.35 Cr (approx. ₹2.68 Cr loan amount) at 8.5% p.a. for 20 years, the estimated EMI would be ₹2,24,262 per month.
Q8: What is the stamp duty and registration charge in Telangana?
A8: In Telangana, the stamp duty is 4% and the registration charge is 0.5%. For this property, it amounts to ₹13,40,000 for stamp duty and ₹1,67,500 for registration.
Q9: Is GST applicable and how much?
A9: No, GST is not applicable on this property as it is a ready-to-move apartment with the Occupancy Certificate (OC) already obtained.
Q10: What are the monthly maintenance charges?
A10: The estimated monthly maintenance charges are ₹9,205, calculated at ₹3.5 per sqft for a 2630 sqft unit.
Q11: Is there a floor rise charge — how much?
A11: As the project is ready to move and all units are completed, there is no additional floor rise charge applied to the listed price.
Q12: What amenities are available and what is included in base price?
A12: Fortune One offers a Rooftop Infinity Swimming Pool, Clubhouse, Gym, Skywalk, and more. All listed amenities are included in the base price of the apartment.
Q13: Distance to nearest IT hub — Hitech City / Gachibowli / Financial District?
A13: Gachibowli Financial District is approximately 12-15 km from Fortune One, typically a 30-40 minute drive depending on traffic conditions.
Q14: Which schools are within 3 km?
A14: Prominent schools within 3 km include Delhi Public School (Banjara Hills), and St. Ann's High School for Girls, offering quality education options.
Q15: Which hospitals are within 5 km?
A15: Leading hospitals such as Apollo Hospitals (Jubilee Hills) and Yashoda Hospitals (Somajiguda) are conveniently located within 5 km, ensuring access to excellent healthcare.
Q16: What are the nearest malls and retail zones?
A16: GVK One Mall is less than 1 km away, and City Centre Mall is approximately 2 km, providing extensive shopping, dining, and entertainment options.
Q17: What is the metro/transport connectivity?
A17: The nearest metro station is Jubilee Hills Check Post (Blue Line), about 3 km away. The locality also boasts excellent bus connectivity and easy access to major roads.
Q18: What is the current resale value trend in Banjara Hills?
A18: Banjara Hills consistently shows strong resale value trends, with properties appreciating by 5-8% annually due to its prime location and high demand for luxury residences.
Q19: What rental income can I earn from this property?
A19: Based on current market trends in Banjara Hills, you can expect a rental income yielding 3-4.5% per annum on your investment.
Q20: How does Fortune One compare to competing projects in Banjara Hills?
A20: Fortune One stands out with its ready-to-move status, unique rooftop amenities like an infinity pool and skywalk, and competitive pricing for a luxury 3 BHK in this premium locality, offering immediate possession unlike many under-construction projects.
Q21: What is the carpet area vs. super built-up area for this 3 BHK?
A21: The listed area of 2630 sqft is the super built-up area. The carpet area is typically 70-75% of the super built-up area, so approximately 1841-1972 sqft.
Q22: Is the layout Vastu compliant?
A22: Yes, Fortune One apartments are designed to be Vaastu Compliant, incorporating principles for positive energy flow and well-being.
Q23: What is the parking arrangement — covered or open?
A23: Each 3 BHK unit at Fortune One comes with one dedicated covered car parking space within the premises.
Q24: Is 24/7 power backup and water supply guaranteed?
A24: Yes, Fortune One ensures 24x7 power backup for common areas and apartments (with limitations on ACs and power-hungry appliances), along with continuous 24x7 water supply.
Q25: What legal documents will I receive at possession?
A25: Upon possession, you will receive the Sale Deed, Occupancy Certificate (OC), Khata Certificate, and all relevant property-related documents.
Q26: What is the cancellation and refund policy?
A26: As this is a ready-to-move property, the cancellation and refund policy would typically be governed by the terms of the sale agreement, usually involving forfeiture of earnest money.
Q27: Is this property eligible under PMAY housing scheme?
A27: Due to the price point of ₹3.35 Cr, this luxury apartment in Fortune One is generally not eligible under the Pradhan Mantri Awas Yojana (PMAY) housing scheme, which targets affordable housing segments.
🏢 About Sri Sreenivasa Infra
• Established: Sri Sreenivasa Infra has been a significant player in the Hyderabad real estate market for over a decade.
• Key completed projects in Hyderabad: Multiple residential projects across Hyderabad, known for their quality and design aesthetics.
• Known for: Delivering high-quality residential properties with a focus on modern amenities, strategic locations, and customer satisfaction, ensuring timely project completion.
