3 BHK Apartment for sale in Hafeezpet, Hyderabad. 1969 sqft, ₹1.77 Cr. Verified listing with photos & owner contact on PropyMart.
About This Property
My Home Raka by My Home Group offers an unparalleled blend of luxury and convenience in Hafeezpet, presenting a spacious 3 BHK, 1969 sqft ready-to-move apartment that epitomizes modern living with premium amenities and robust RERA protection. This project stands as a testament to quality construction and strategic location, ideal for discerning homebuyers and investors alike in Hyderabad's thriving real estate landscape.
📌 Overview
• My Home Raka in Hafeezpet offers a premium 3 BHK, 1969 sqft ready-to-move apartment, featuring world-class amenities and robust TS-RERA approval for a secure investment.
• Developed by My Home Group, this project at ₹1.77 Cr provides an exceptional lifestyle opportunity with strategic connectivity and a November 2025 possession timeline.
📍 Location & Connectivity — Hafeezpet, Hyderabad
• Distance to nearest IT hub: Hitech City is approximately 7 km, Gachibowli is about 12 km.
• Road connectivity: Excellent access to Outer Ring Road (ORR) via Gachibowli-Miyapur Road, Mumbai Highway (NH65), and Kondapur-Hafeezpet Road.
• Metro: Miyapur Metro Station (Red Line) is approximately 4 km away, offering seamless commute.
• Schools within 3 km: Oakridge International School, Chirec International School, Delhi Public School.
• Hospitals within 5 km: Apollo Hospitals, KIMS Hospitals, Continental Hospital.
• Shopping: Sarath City Capital Mall is approximately 6 km away; Forum Sujana Mall is about 5 km.
• Locality appreciation trend: Hafeezpet has shown an estimated 8-12% price growth over the last 2-3 years, driven by IT corridor proximity.
🏗️ Project Specifications
• Developer: My Home Group
• Project: My Home Raka
• TS-RERA: P02400003777 (Telangana RERA approved, protected under RERA Act 2016)
• Status: Ready to Move | Possession: Nov 2025
• Configuration: 3 BHK (1969 sqft)
• Total Floors: 34 | Total Units: 204
• Approval: GHMC (Greater Hyderabad Municipal Corporation)
• Property Type: Apartment
🏠 3 BHK Unit Details (based on 1969 sqft)
• Estimated layout: A spacious living room (approx. 250 sqft), dining area (approx. 150 sqft), three bedrooms (Master: approx. 180 sqft; others: approx. 140 sqft each), kitchen (approx. 100 sqft), three bathrooms (approx. 60 sqft each).
• Ceiling height: Standard 10 ft ceiling height, providing an expansive feel.
• Balconies: Typically 2-3 balconies, often oriented for optimal light and ventilation (e.g., east-facing for morning sun, west for evening breeze).
• Kitchen: Semi-modular kitchen with granite countertop and provision for chimney and hob; size estimate around 100 sqft.
• Master bedroom: Generously sized master bedroom (approx. 180 sqft) with an attached 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 covered car parking space included 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, Jogging Track, Cycling Track, Yoga / Aerobics, Sports Facility (Badminton Court, Basketball Court, Cricket Practice Net).
• Social & Entertainment: Clubhouse, Multipurpose Halls, Indoor Games, Reading Room, Guest Rooms, F&B (provision), Lounge.
• Kids & Family: Children's Play Area.
• Safety & Security: CCTV Surveillance, 24/7 Security Personnel, Intercom Facility.
• Utilities: Power Backup, 24/7 Water Supply, Waste Disposal, Rain Water Harvesting, Lifts.
• Parking & Transport: Car Parking.
💰 Price & Financial Breakdown
• Unit price: ₹1.77 Cr | Per sqft: ₹9100/sqft
• Stamp duty & registration: ₹7,08,000 (4% stamp duty) + ₹88,500 (0.5% registration) = ₹7,96,500.
• GST: 0% as the property is ready to move with Occupancy Certificate (OC).
• Maintenance: Estimated at ₹3.5/sqft/month for 1969 sqft = ₹6,891.5/month.
• Floor rise: Typically ₹100/sqft extra per floor for higher levels, applicable if not already factored into the listed price.
• Estimated EMI: ₹1,18,491/month (based on 8.5% p.a. interest, 20-year tenure, 80% Loan to Value).
• Rental yield: Hafeezpet typically offers a rental yield of 3.5-4.5% per annum for 3 BHK apartments.
• Capital appreciation: Expected 6-9% per annum based on Hafeezpet's consistent infrastructure development and demand from the IT sector.
📊 Market Intelligence — Hafeezpet
Hafeezpet is a robust investment micro-market in Hyderabad, primarily driven by its strategic proximity to the city's major IT hubs like Hitech City, Gachibowli, and the Financial District. This locality benefits immensely from excellent connectivity via the Outer Ring Road and the upcoming metro extensions, making it highly desirable for professionals. Recent infrastructure projects, including improved road networks and the presence of top-tier educational institutions and healthcare facilities, further enhance its appeal. Hyderabad's consistent ranking as a top real estate investment destination in India, coupled with high TS-RERA compliance rates, instills confidence in buyers. My Home Raka specifically stands out due to My Home Group's reputation for quality construction, its ready-to-move status, and the comprehensive suite of amenities, offering both immediate occupancy comfort and strong appreciation potential in a high-growth corridor.
🏆 Top 5 Reasons to Buy
1. My Home Group's impeccable reputation for delivering high-quality, meticulously designed projects, ensuring premium construction and finishes.
2. Prime location in Hafeezpet, offering exceptional connectivity to Hitech City (7 km) and Gachibowli, the heart of Hyderabad's IT corridor.
3. Competitive pricing at ₹9100/sqft for a ready-to-move premium property, offering significant value compared to new launches in the vicinity.
4. TS-RERA registration (P02400003777) provides complete transparency, financial security, and adherence to construction timelines for buyer protection.
5. Strong investment potential with an estimated 3.5-4.5% rental yield and 6-9% annual capital appreciation, driven by Hafeezpet's continuous growth and demand.
❓ Buyer FAQ — 27 Questions
Q1: What is the exact price of this 3 BHK in Hafeezpet?
A: The exact price for this 3 BHK, 1969 sqft apartment in My Home Raka, Hafeezpet, is ₹1.77 Cr.
Q2: What is the RERA registration number and what buyer protections does it give?
A: The TS-RERA registration number is P02400003777. It ensures project transparency, protects against developer delays, guarantees quality construction, and secures your investment under the RERA Act 2016.
Q3: What is the possession date and what is the penalty for developer delay?
A: This property is Ready to Move, with a formal possession timeline set for November 2025. As per RERA, the developer is liable to pay compensation for delays beyond the promised possession date.
Q4: Who is My Home Group — how many years, key Hyderabad projects, reputation?
A: My Home Group is a renowned developer established over three decades ago, known for landmark projects like My Home Bhooja, My Home Avatar, and My Home Vihanga. They have a strong reputation for quality construction, timely delivery, and customer satisfaction in Hyderabad.
Q5: What is the price per sqft and how does it compare to Hafeezpet average?
A: The price per sqft is ₹9100. This is competitive for a premium, ready-to-move project in Hafeezpet, where average prices for similar quality range from ₹8500-₹10,000/sqft.
Q6: Which banks offer home loans for My Home Raka?
A: Most major banks like HDFC, ICICI, SBI, Axis Bank, and Kotak Mahindra Bank offer home loans for RERA-approved projects like My Home Raka.
Q7: What will be the EMI at current rates?
A: Based on an 80% Loan to Value (₹1.416 Cr loan), 8.5% interest rate, and 20-year tenure, the estimated EMI would be ₹1,18,491 per month.
Q8: What is the stamp duty and registration charge in Telangana?
A: In Telangana, the stamp duty is 4% (₹7,08,000) and the registration charge is 0.5% (₹88,500) of the property value, totaling ₹7,96,500.
Q9: Is GST applicable and how much?
A: No, GST is not applicable as My Home Raka is a ready-to-move property with an Occupancy Certificate (OC) obtained.
Q10: What are the monthly maintenance charges?
A: The estimated monthly maintenance charges are ₹3.5/sqft, which for a 1969 sqft unit comes to approximately ₹6,891.5 per month.
Q11: Is there a floor rise charge — how much?
A: While this is a ready-to-move property, generally in Hyderabad, floor rise charges can be ₹50-150/sqft per floor. Any such charge would already be factored into the listed price.
Q12: What amenities are available and what is included in base price?
A: Amenities like Swimming Pool, Gymnasium, Clubhouse, Children's Play Area, Power Backup, Car Parking, and CCTV Surveillance are available and typically included in the base price, with some exceptions for F&B or specific services.
Q13: Distance to nearest IT hub — Hitech City / Gachibowli / Financial District?
A: Hitech City is approximately 7 km away, Gachibowli is about 12 km, and the Financial District is around 15 km from My Home Raka, Hafeezpet.
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 excellent educational options.
Q15: Which hospitals are within 5 km?
A: Reputable hospitals like Apollo Hospitals, KIMS Hospitals, and Continental Hospital are all located within a 5 km radius of the project.
Q16: What are the nearest malls and retail zones?
A: Sarath City Capital Mall (approx. 6 km) and Forum Sujana Mall (approx. 5 km) are the nearest major shopping and retail destinations.
Q17: What is the metro/transport connectivity?
A: Miyapur Metro Station (Red Line) is approximately 4 km away, providing direct metro connectivity. The project also has excellent road access to ORR and NH65.
Q18: What is the current resale value trend in Hafeezpet?
A: Hafeezpet has shown a positive resale value trend, with properties appreciating by an estimated 6-9% annually, driven by continuous demand and infrastructure growth.
Q19: What rental income can I earn from this property?
A: A 3 BHK in My Home Raka in Hafeezpet can typically fetch a rental income yielding 3.5-4.5% per annum, translating to approximately ₹50,000 - ₹65,000 per month.
Q20: How does My Home Raka compare to competing projects in Hafeezpet?
A: My Home Raka stands out with its ready-to-move status, My Home Group's brand reputation, comprehensive amenities, and competitive pricing for a premium 3 BHK, offering a strong value proposition compared to other projects in Hafeezpet.
Q21: What is the carpet area vs. super built-up area for this 3 BHK?
A: For a 1969 sqft super built-up area, the carpet area is typically around 70-75%, which would be approximately 1378-1476 sqft, depending on the specific layout.
Q22: Is the layout Vastu compliant?
A: While specific Vastu compliance details vary by unit, My Home Group generally incorporates Vastu principles in its designs. Buyers can confirm specific unit compliance during a site visit.
Q23: What is the parking arrangement — covered or open?
A: My Home Raka provides covered car parking for residents, with one dedicated slot typically included per 3 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 apartments (with load restrictions) and continuous 24/7 water supply from municipal and borewell sources.
Q25: What legal documents will I receive at possession?
A: Upon possession, you will receive the Sale Deed, Occupancy Certificate (OC), Khata Certificate, and all relevant property title documents.
Q26: What is the cancellation and refund policy?
A: The cancellation and refund policy will be outlined in the Builder-Buyer Agreement, typically involving forfeiture of a certain percentage of the booking amount if cancellation occurs.
Q27: Is this property eligible under PMAY housing scheme?
A: Given the property price of ₹1.77 Cr, this 3 BHK apartment in My Home Raka generally does not fall under the eligibility criteria for the Pradhan Mantri Awas Yojana (PMAY) scheme, which targets affordable housing segments.
🏢 About My Home Group
• Established: Over three decades ago (approx. 1981)
• Key completed projects in Hyderabad: My Home Bhooja, My Home Avatar, My Home Vihanga, My Home Mangala, My Home Jewel, My Home Lakshmi Nisarga.
• Known for: Exceptional construction quality, timely project delivery, innovative designs, strong customer service, and building trust in the Hyderabad real estate market.
