Sattva Salarpuria launches mix use project in Hyderabad
Bangalore based real estate developer Salarpuria Sattva, has launched a premium mixed use project in Hyderabad. The project is situated near Hussain Sagar lake, one of the hot spot in Hyderabad.
The total project covers 8.5 acres and about 1.6 million sq ft of residential, commercial and retail spaces. The company wants to develop around 10 million sq in next three years. The company invested around Rs 500 crore and the project is expected to be completed by 2015.
Salarpuria Sattva is looking for a work-live-play-concept project which will be new to the city, while the construction activities have gone down, there is a huge possibility for the infrastructure to boost up as described by the Bijay Agarwal Managing director, Salarpuria Sattva.
The project comprises of 424 apartments, offering two, three and four bedroom units. It will have five towers of 14 floors each. Amenities like 20,000 sq ft club house with terrace pool, kids pool, gym, indoor badminton court and table tennis board are promised by the builder.
The starting price of the apartments will be Rs 55 lakh and according to the size, the price will rise up to crores. The commercial space would cost around Rs 6,500 per sq ft.
The developer is also coming up with a retail and residential mix project at Hitec city near Orbit Mall soon.
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