3 BHK Apartment for sale in Hitech City, Hyderabad. 2100 sqft, ₹1.99 Cr. Verified listing with photos & owner contact on PropyMart.
About This Property
Vasavi Skyla by Vasavi Group in Hitech City presents an exclusive opportunity for a 3 BHK luxury apartment, offering a sophisticated lifestyle with RERA assurance and a strategic location in Hyderabad's IT hub. This under-construction project promises premium living with an array of world-class amenities and excellent connectivity.
📌 Overview
• Vasavi Skyla offers a 3 BHK luxury living experience in the heart of Hitech City, designed by the renowned Vasavi Group with an emphasis on modern architecture and comprehensive amenities.
• This RERA-approved project ensures transparency and timely delivery, making it an ideal choice for discerning homebuyers and investors seeking a premium address.
📍 Location & Connectivity — Hitech City, Hyderabad
• Distance to nearest IT hub: Hitech City IT Corridor is within 2-3 km, Financial District is approximately 7-8 km.
• Road connectivity: Excellent access to Outer Ring Road (ORR) via Gachibowli-Miyapur Road, close to NH65.
• Metro: Raidurg Metro Station (Blue Line) is approximately 3-4 km away, providing seamless connectivity.
• Schools within 3 km: Oakridge International School, Delhi Public School, Chirec International School.
• Hospitals within 5 km: Continental Hospital, KIMS Hospitals, Apollo Hospitals.
• Shopping: Sarath City Capital Mall (approximately 4-5 km), Inorbit Mall (approximately 6 km).
• Locality appreciation trend: Estimated 8-12% price growth over the next 2-3 years due to IT sector expansion and infrastructure development.
🏗️ Project Specifications
• Developer: Vasavi Group
• Project: Vasavi Skyla
• TS-RERA: P02400003652 (Telangana RERA approved, protected under RERA Act 2016)
• Status: Under Construction | Possession: Dec 2026
• Configuration: 3 BHK (2100 sqft)
• Total Floors: 32 | Total Units: 685
• Approval: GHMC (Greater Hyderabad Municipal Corporation)
• Property Type: Apartment
🏠 3 BHK Unit Details (based on 2100 sqft)
• Estimated layout: Spacious living room (approx. 400 sqft), dining area (approx. 250 sqft), 3 bedrooms (master approx. 200 sqft, others approx. 150 sqft each), kitchen (approx. 120 sqft), 3-4 bathrooms (approx. 50-60 sqft each).
• Ceiling height: Approximately 9.5 feet, offering a grand and airy feel.
• Balconies: Typically 2-3 balconies, often oriented for optimal natural light and ventilation (e.g., East or North-East).
• Kitchen: Provision for a semi-modular kitchen, size estimate around 120 sqft.
• Master bedroom: Generously sized (approx. 200 sqft) with an attached bathroom and dedicated wardrobe space.
• 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: Yes, a dedicated utility area adjacent to the kitchen for laundry and storage.
🌿 Amenities
• Fitness & Wellness: Swimming Pool, Gymnasium, Outdoor Gym, Walkers & Joggers Track, Cycling Track, Yoga & Meditation Rooms, Private Spa.
• Social & Entertainment: Clubhouse, Rooftop Café, Indoor Games Room, Mini Theatre, Sports Space, Business Center, Seating Area.
• Kids & Family: Net Cricket, Skating Rink, Cricket Nets, Creche, Toddlers Play Area.
• Safety & Security: 24/7 Security, CCTV Surveillance, Fire Safety Systems.
• Utilities: Power Backup, Water Treatment Plant.
• Parking & Transport: Covered Parking.
💰 Price & Financial Breakdown
• Unit price: ₹1.99 Cr | Per sqft: ₹9500/sqft
• Stamp duty & registration: ₹7,96,000 (4%) + ₹99,500 registration (0.5%)
• GST: 5% applicable as the property is under construction.
• Maintenance: Estimated ₹2–4/sqft/month, for 2100 sqft this is approximately ₹6,300–8,400/month.
• Floor rise: Typically ₹50–150/sqft extra per floor, depending on the specific floor level.
• Estimated EMI: ₹1,33,219/month (calculated at 8.5% p.a. for 20 years with 80% LTV).
• Rental yield: Expected 3–4.5% per annum in the Hitech City corridor due to high demand from IT professionals.
• Capital appreciation: Estimated 5–8% p.a. based on Hitech City's consistent growth trajectory and infrastructure development.
📊 Market Intelligence — Hitech City
Hitech City remains a prime investment micro-market in Hyderabad, driven by its status as a major IT and financial hub, attracting professionals and businesses globally. Its strategic proximity to key IT corridors like Gachibowli, Kondapur, and the Financial District ensures consistent rental demand and capital appreciation. Recent infrastructure projects, including the expansion of the Outer Ring Road, new metro lines, and ongoing HMDA approvals for commercial and residential developments, further enhance its appeal. Hyderabad itself has consistently ranked among India's top real estate markets, recognized for its affordability, robust economic growth, and investor-friendly policies, with TS-RERA ensuring buyer confidence and project transparency. Vasavi Skyla stands out within this dynamic landscape due to its premium developer, strategic location in Hanuman Nagar, comprehensive amenities, and competitive pricing for a luxury 3 BHK, offering an excellent blend of lifestyle and investment potential.
🏆 Top 5 Reasons to Buy
1. Developer reputation: Vasavi Group is a trusted name in Hyderabad real estate, known for quality construction and on-time project delivery.
2. Location advantage: Situated in Hitech City, just 2-3 km from major IT companies, offering unparalleled convenience for professionals.
3. Price value: At ₹9500/sqft, it offers competitive pricing for a premium 3 BHK in a high-demand Hitech City locality.
4. RERA protection: TS-RERA P02400003652 ensures legal compliance, transparency, and buyer protection under the RERA Act 2016.
5. Investment case: Strong potential for 3-4.5% rental yield and 5-8% annual capital appreciation, driven by Hitech City's robust growth.
❓ Buyer FAQ — 27 Questions
Q1: What is the exact price of this 3 BHK in Hitech City?
A: The exact price for this 3 BHK, 2100 sqft apartment in Vasavi Skyla, Hitech City is ₹1.99 Cr.
Q2: What is the RERA registration number and what buyer protections does it give?
A: The TS-RERA registration number is P02400003652. It protects buyers by ensuring project transparency, timely delivery, and adherence to quality standards under the RERA Act 2016.
Q3: What is the possession date and what is the penalty for developer delay?
A: The possession date for Vasavi Skyla is December 2026. The RERA Act mandates compensation for delays, typically 10% of the property value or EMI payment if the delay is developer-caused.
Q4: Who is Vasavi Group — how many years, key Hyderabad projects, reputation?
A: Vasavi Group is a well-established developer with over 25 years of experience in Hyderabad, known for projects like Vasavi Lake City and Vasavi Ananda Nilayam. They have a strong reputation for quality construction and timely project completion.
Q5: What is the price per sqft and how does it compare to Hitech City average?
A: The price per sqft is ₹9500. This is competitive for a premium under-construction project in Hitech City, where average prices for similar properties can range from ₹9,000 to ₹12,000+ per sqft.
Q6: Which banks offer home loans for Vasavi Skyla?
A: Most major banks like HDFC, ICICI, SBI, Axis Bank, and Kotak Mahindra Bank are likely to offer home loans for RERA-approved projects like Vasavi Skyla.
Q7: What will be the EMI at current rates?
A: The estimated EMI for this property is ₹1,33,219/month, calculated at an 8.5% p.a. interest rate over 20 years with an 80% loan-to-value (LTV) ratio.
Q8: What is the stamp duty and registration charge in Telangana?
A: The estimated stamp duty is ₹7,96,000 (4%) and registration charge is ₹99,500 (0.5%) for this property in Telangana.
Q9: Is GST applicable and how much?
A: Yes, GST is applicable at 5% for under-construction properties. For this property, the GST amount would be approximately ₹9,95,000.
Q10: What are the monthly maintenance charges?
A: The estimated monthly maintenance charges are between ₹6,300 and ₹8,400, based on ₹3-4 per sqft for a 2100 sqft apartment.
Q11: Is there a floor rise charge — how much?
A: Yes, there is typically a floor rise charge. It is estimated to be ₹50-150 per sqft extra for higher floors, varying by the developer's policy.
Q12: What amenities are available and what is included in base price?
A: Amenities like the Swimming Pool, Gymnasium, Clubhouse, and many others listed are available. Most common amenities are included in the base price, but specific inclusions should be confirmed with the developer.
Q13: Distance to nearest IT hub — Hitech City / Gachibowli / Financial District?
A: The nearest IT hub, Hitech City, is approximately 2-3 km away. Gachibowli is about 5-6 km, and the Financial District is around 7-8 km.
Q14: Which schools are within 3 km?
A: Prominent schools within 3 km include Oakridge International School, Delhi Public School, and Chirec International School.
Q15: Which hospitals are within 5 km?
A: Hospitals such as Continental Hospital, KIMS Hospitals, and Apollo Hospitals are located within 5 km of Vasavi Skyla.
Q16: What are the nearest malls and retail zones?
A: Sarath City Capital Mall is approximately 4-5 km away, and Inorbit Mall is about 6 km, offering extensive shopping and entertainment options.
Q17: What is the metro/transport connectivity?
A: The property offers excellent metro connectivity with Raidurg Metro Station (Blue Line) approximately 3-4 km away. It also has strong road connectivity to ORR and major arterial roads.
Q18: What is the current resale value trend in Hitech City?
A: Hitech City shows a strong resale value trend with annual appreciation typically ranging from 5-8% due to continuous demand and infrastructure growth.
Q19: What rental income can I earn from this property?
A: A 3 BHK in Hitech City can typically fetch a rental income yielding 3-4.5% per annum, which for this property could be ₹50,000 - ₹75,000 per month, depending on furnishing and market conditions.
Q20: How does Vasavi Skyla compare to competing projects in Hitech City?
A: Vasavi Skyla stands out with its premium developer, 32-story high-rise design, comprehensive rooftop amenities, and competitive pricing at ₹9500/sqft, offering superior value compared to many other projects in the locality.
Q21: What is the carpet area vs. super built-up area for this 3 BHK?
A: For a 2100 sqft super built-up area, the carpet area is typically around 70-75%, which would be approximately 1470-1575 sqft for this 3 BHK unit.
Q22: Is the layout Vastu compliant?
A: While specific unit layouts vary, Vasavi Skyla generally incorporates Vastu principles in its overall design and individual unit planning. Buyers can inquire about specific Vastu aspects for their chosen unit.
Q23: What is the parking arrangement — covered or open?
A: Vasavi Skyla provides covered car parking for its residents, with one dedicated slot typically allocated per 3 BHK unit.
Q24: Is 24/7 power backup and water supply guaranteed?
A: Yes, the project is designed to ensure 24/7 power backup for common areas and apartments (with load limits) and continuous water supply to all units.
Q25: What legal documents will I receive at possession?
A: Upon possession, you will receive the Sale Deed, Occupancy Certificate (OC), Khata Certificate (if applicable), and all relevant property documents as per RERA guidelines.
Q26: What is the cancellation and refund policy?
A: The cancellation and refund policy adheres to RERA guidelines. Typically, a portion of the booking amount may be forfeited, and refunds are processed as per the terms of the agreement and RERA regulations.
Q27: Is this property eligible under PMAY housing scheme?
A: As this property is priced at ₹1.99 Cr, it generally falls outside the eligibility criteria for the Pradhan Mantri Awas Yojana (PMAY) housing scheme, which typically targets affordable housing segments.
🏢 About Vasavi Group
• Established: Over 25 years ago (approx. 1996)
• Key completed projects in Hyderabad: Vasavi Lake City, Vasavi Ananda Nilayam, Vasavi Atlantis
• Known for: Commitment to quality construction, innovative designs, timely project delivery, and customer-centric approach in the Hyderabad real estate market.
