3 BHK Apartment for sale in Kokapet, Hyderabad. 2100 sqft, ā¹2.50 Cr. Verified listing with photos & owner contact on PropyMart.
About This Property
š Overview
Sattva Lake Ridge by Sattva in Kokapet offers an unparalleled luxury living experience, featuring spacious 3 BHK apartments with world-class amenities and RERA protection, ensuring a secure and timely investment in Hyderabad's most sought-after locale.
This under-construction project promises modern design, strategic location, and a vibrant community, making it ideal for discerning homebuyers and investors.
š Location & Connectivity ā Kokapet, Hyderabad
ā¢ Distance to nearest IT hub: Financial District, approximately 5-7 km
ā¢ Road connectivity: Direct access to Kokapet SEZ Main Road, seamless connectivity to Outer Ring Road (ORR) within 2 km, linking to major highways like NH65 and NH44
ā¢ Metro: Nearest operational metro station is Raidurg (Blue Line), approximately 12 km; future metro expansion plans are expected to enhance connectivity to Kokapet
ā¢ Schools within 3 km: Oakridge International School, The Global Edge School, Rockwell International School
ā¢ Hospitals within 5 km: Continental Hospital, AIG Hospitals, Care Hospitals Gachibowli
ā¢ Shopping: Sarath City Capital Mall (approximately 10 km), Inorbit Mall (approximately 12 km), several local high-street retail options in Kokapet
ā¢ Locality appreciation trend: Estimated 8-12% price growth over the next 2-3 years, driven by infrastructure development and IT corridor expansion
šļø Project Specifications
ā¢ Developer: Sattva
ā¢ Project: Sattva Lake Ridge
ā¢ TS-RERA: P02400006230 (Telangana RERA approved, protected under RERA Act 2016)
ā¢ Status: Under Construction | Possession: Jan 2028
ā¢ Configuration: 3 BHK (2100 sqft)
ā¢ Total Floors: 37 | Total Units: 897
ā¢ Approval: HMDA (Hyderabad Metropolitan Development Authority) approved
ā¢ Property Type: Apartment
š 3 BHK Unit Details (based on 2100 sqft)
ā¢ Estimated layout: Large living room (approx. 400 sqft), spacious dining area (approx. 200 sqft), 3 bedrooms (master bedroom approx. 250 sqft, other two approx. 180-200 sqft each), kitchen (approx. 150 sqft), 3-4 bathrooms (approx. 50-70 sqft each)
ā¢ Ceiling height: Approximately 9.5 feet, offering a grand and airy feel
ā¢ Balconies: Typically 2-3 balconies, often oriented for east or north-east light and ventilation
ā¢ Kitchen: Provision for a semi-modular kitchen, size estimated at 150 sqft with dedicated utility space
ā¢ Master bedroom: Generous size (approx. 250 sqft) with an attached en-suite bathroom and dedicated space for wardrobe
ā¢ Flooring: Premium vitrified tiles in living, dining, and bedrooms; anti-skid ceramic tiles in bathrooms and balconies
ā¢ Parking: One dedicated covered car parking space per unit, as per project norms
ā¢ Utility / wash area: Yes, integrated with the kitchen or adjacent to it for laundry and extra storage
šæ Amenities
ā¢ Fitness & Wellness: Swimming Pool, Gymnasium, Health Club, Yoga/Aerobics Studio, Jogging Tracks, Squash Courts, Basketball Court, Tennis Court, Badminton Court, Cricket Nets
ā¢ Social & Entertainment: Clubhouse, Cafeteria, Indoor Games Facilities, Games Room, Library, Meeting Rooms, Party Hall
ā¢ Kids & Family: Creche/Day Care, Children's Play Area
ā¢ Safety & Security: 24/7 Security, CCTV Surveillance
ā¢ Utilities: Mini Mart, Elders Room, Housekeeping Service Room
ā¢ Parking & Transport: Covered parking (specific details for visitor parking to be confirmed)
š° Price & Financial Breakdown
ā¢ Unit price: ā¹2.50 Cr | Per sqft: ā¹12000 ā 14500/sqft
ā¢ Stamp duty & registration: ā¹10,00,000 (4% stamp duty) + ā¹1,25,000 registration (0.5% registration fee)
ā¢ GST: 5% applicable as the property is under construction
ā¢ Maintenance: Estimated ā¹2ā4/sqft/month, for 2100 sqft this would be approximately ā¹6,300ā8,400/month
ā¢ Floor rise: Typically ā¹50ā150/sqft extra per floor, depending on the developer and specific floor level
ā¢ Estimated EMI: ā¹1,67,360/month (calculated at 8.5% p.a. interest, 20-year tenure, 80% Loan-to-Value)
ā¢ Rental yield: Expected 3ā4.5% per annum in the Kokapet corridor, given the demand for premium housing
ā¢ Capital appreciation: Estimated 5ā8% per annum, based on Kokapet's rapid infrastructure growth and commercial development
š Market Intelligence ā Kokapet
Kokapet has emerged as a powerhouse micro-market in Hyderabad, driven by its strategic location adjacent to the Financial District and direct access to the Outer Ring Road. This proximity to major IT and pharmaceutical hubs ensures a steady influx of high-income professionals, fueling both rental demand and capital appreciation. Recent infrastructure projects, including enhanced road networks and planned metro extensions, further solidify its investment appeal. Hyderabad consistently ranks as one of India's top real estate markets, and Kokapet, with its high TS-RERA compliance rate, offers transparent and secure investment opportunities. Sattva Lake Ridge, with its premium offerings and reputable developer, stands out as a prime choice within this dynamic market, promising significant returns and an elevated lifestyle.
š Top 5 Reasons to Buy
1. Developer reputation: Sattva is a highly reputed developer known for quality construction and timely delivery, ensuring a reliable investment.
2. Location advantage: Situated in Kokapet, just 5-7 km from the Financial District, providing excellent connectivity to major IT hubs and employment centers.
3. Price value: At ā¹12,000ā14,500/sqft, it offers competitive pricing for a luxury project in a rapidly appreciating locality, providing strong potential for capital gains.
4. RERA protection: Fully compliant with TS-RERA (P02400006230), offering buyers transparency, project adherence, and legal safeguards.
5. Investment case: High rental yield potential (3-4.5%) and strong capital appreciation (5-8% p.a.) driven by Kokapet's robust infrastructure and economic growth.
ā Buyer FAQ ā 27 Questions
Q1: What is the exact price of this 3 BHK in Kokapet?
A1: The exact price for a 3 BHK unit of 2100 sqft in Sattva Lake Ridge, Kokapet, is ā¹2.50 Cr, excluding additional charges like stamp duty and GST.
Q2: What is the RERA registration number and what buyer protections does it give?
A2: The TS-RERA registration number is P02400006230. This number provides buyer protection under the RERA Act 2016, ensuring project transparency, timely delivery, and adherence to promised specifications.
Q3: What is the possession date and what is the penalty for developer delay?
A3: The official possession date for Sattva Lake Ridge is January 2028. Under RERA, developers are liable to pay compensation for delays beyond the promised possession date, typically as interest on the amount paid by the buyer.
Q4: Who is Sattva ā how many years, key Hyderabad projects, reputation?
A4: Sattva is a renowned developer with several decades of experience in the real estate sector. They are known for projects like Sattva Knowledge City and Sattva Magnificia in Hyderabad, upholding a strong reputation for quality construction, design excellence, and timely project delivery.
Q5: What is the price per sqft and how does it compare to Kokapet average?
A5: The price per sqft for Sattva Lake Ridge ranges from ā¹12,000 to ā¹14,500. This is competitive for a luxury project in Kokapet, which generally sees average prices for premium segments in a similar range, often indicating good value.
Q6: Which banks offer home loans for Sattva Lake Ridge?
A6: Most leading banks in India, including HDFC Bank, ICICI Bank, SBI, and Axis Bank, offer home loans for RERA-approved projects like Sattva Lake Ridge, subject to standard eligibility criteria.
Q7: What will be the EMI at current rates?
A7: Based on a loan of 80% LTV (ā¹2 Cr) at 8.5% p.a. interest over 20 years, the estimated EMI for this property would be ā¹1,67,360 per month.
Q8: What is the stamp duty and registration charge in Telangana?
A8: In Telangana, the stamp duty is 4% (ā¹10,00,000 for ā¹2.50 Cr property) and the registration charge is 0.5% (ā¹1,25,000 for ā¹2.50 Cr property), totaling ā¹11,25,000.
Q9: Is GST applicable and how much?
A9: Yes, GST is applicable at 5% on the property value for under-construction properties without an occupancy certificate, as per current government regulations.
Q10: What are the monthly maintenance charges?
A10: Monthly maintenance charges are estimated to be ā¹2ā4 per sqft. For a 2100 sqft unit, this translates to approximately ā¹6,300ā8,400 per month.
Q11: Is there a floor rise charge ā how much?
A11: Yes, a floor rise charge is typically applicable for higher floors in premium projects. It is usually in the range of ā¹50ā150 per sqft per floor, increasing with elevation.
Q12: What amenities are available and what is included in base price?
A12: Sattva Lake Ridge offers a comprehensive list of amenities including a swimming pool, gymnasium, clubhouse, and landscaped gardens. Most common amenities are included in the base price, though specific premium amenities or services might incur additional charges.
Q13: Distance to nearest IT hub ā Hitech City / Gachibowli / Financial District?
A13: Sattva Lake Ridge is approximately 5-7 km from the Financial District, 10-12 km from Gachibowli, and about 15 km from Hitech City, offering excellent connectivity to Hyderabad's major IT hubs.
Q14: Which schools are within 3 km?
A14: Prominent schools within a 3 km radius include Oakridge International School, The Global Edge School, and Rockwell International School, providing quality education options for residents.
Q15: Which hospitals are within 5 km?
A15: Within a 5 km radius, residents have access to leading hospitals such as Continental Hospital, AIG Hospitals, and Care Hospitals Gachibowli, ensuring excellent healthcare facilities.
Q16: What are the nearest malls and retail zones?
A16: The nearest major shopping destinations are Sarath City Capital Mall (approx. 10 km) and Inorbit Mall (approx. 12 km), along with local retail outlets in Kokapet itself.
Q17: What is the metro/transport connectivity?
A17: The nearest operational metro station is Raidurg (Blue Line), approximately 12 km away. The project also boasts excellent road connectivity via Kokapet SEZ Main Road and the Outer Ring Road (ORR).
Q18: What is the current resale value trend in Kokapet?
A18: Kokapet has shown consistent appreciation in resale values due to its strategic location and infrastructure development, with property values increasing by an estimated 5-8% annually in recent years.
Q19: What rental income can I earn from this property?
A19: A 3 BHK apartment in Kokapet can typically fetch a rental income yielding 3ā4.5% per annum on the property value, given the high demand from professionals working in nearby IT corridors.
Q20: How does Sattva Lake Ridge compare to competing projects in Kokapet?
A20: Sattva Lake Ridge stands out with its premium specifications, larger unit sizes (2100 sqft for 3 BHK), comprehensive amenities, and the reputable Sattva developer, offering a strong value proposition compared to many other projects in Kokapet.
Q21: What is the carpet area vs. super built-up area for this 3 BHK?
A21: For a 2100 sqft super built-up area, the carpet area typically ranges from 70-75% of the super built-up area, meaning approximately 1470-1575 sqft, as per industry standards.
Q22: Is the layout Vastu compliant?
A22: While specific Vastu compliance details vary by unit, Sattva often incorporates Vastu principles in its designs. Buyers should confirm individual unit layouts with the developer for Vastu adherence.
Q23: What is the parking arrangement ā covered or open?
A23: Each 3 BHK unit at Sattva Lake Ridge typically includes one dedicated covered car parking space as part of the purchase, ensuring secure parking for residents.
Q24: Is 24/7 power backup and water supply guaranteed?
A24: Yes, the project is designed to provide 24/7 power backup for common areas and apartments (with load limitations) and uninterrupted water supply, ensuring continuous essential services.
Q25: What legal documents will I receive at possession?
A25: At possession, buyers will receive the Sale Deed, Occupancy Certificate (OC), Khata certificate, and other relevant documents related to property ownership and project approvals.
Q26: What is the cancellation and refund policy?
A26: The cancellation and refund policy is governed by the RERA Act and the specific terms outlined in the Agreement for Sale. Typically, a portion of the booking amount may be forfeited upon cancellation.
Q27: Is this property eligible under PMAY housing scheme?
A27: The Pradhan Mantri Awas Yojana (PMAY) scheme primarily targets affordable housing. Given the premium pricing of ā¹2.50 Cr, this property is generally not eligible for PMAY benefits.
š¢ About Sattva
ā¢ Established: Over three decades ago (approx. 1993)
ā¢ Key completed projects in Hyderabad: Sattva Knowledge City, Sattva Magnificia, multiple residential projects across Hyderabad and South India
ā¢ Known for: High-quality construction, innovative design, on-time project delivery, customer-centric approach, and sustainable development practices
