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Ashvita by Mahindra LIfespaces in Kukatpally, Hyderabad

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Ashvita by Mahindra LIfespaces in Kukatpally, Hyderabad

Last updated: January 5 2016
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  • Ashvita by Mahindra LIfespaces in Kukatpally, Hyderabad

    Heard that Mahindra Lifespaces will be launching a new project in Kukatpally, Hyderabad. I do not have much information on this however from what I know it will be named Ashvita and will be built on a 10 acre site.
    This is where I found it - Mahindra Lifespaces soon to launch new project Ashvita in Kukatpally, Hyderabad group deals, Kukatpally group deals

    If someone has some information on this please keep posted.
  • #2

    #2

    Re : Ashvita by Mahindra LIfespaces in Kukatpally, Hyderabad

    I went to Times Property show in december, wherein Mahindra Lifespaces put up a stall. I spoke to their architect and he gave me some info.

    Project Details
    Located in Hafeezpet. 1 km from mmts station
    10 Acre Plot, 5 Towers, 16 Storied, 650 Apartments
    IGBC Pre-certified buildings. Its just beside the Prajay Megapolis project. They are selling at 2700 I believe, but their design is very poor & its affordable housing. Mahindra seems to be in a different segment, although they share boundaries.

    Approval Status -Municipal approvals are awaited

    Apt Sizes - Sizes range between1200 and 2100 sft. Focus on 3 BHKs with about 4+ sizes available in that product segment

    Price - BSP around 3000-3500 / sft. (Extras 4 L+). Ticket size may range between 40L and 80L. Nothing is final yet

    I did an independent analysis -

    There was a news report stating that mahindra plans 250 cr project in 1 mn sft of development in hyderabad.
    (Source : Mah Lifespace plans Rs 250-cr project in Hyd)

    Basic math will tell you that average cost is about 2500 / sft. Since it is a joint venture with a land owner( I went through their annual report), the price could be much higher than 2500. I'm expecting the average selling price (BSP+Extras) to be around 4000/sft

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    • #3

      #3

      Re : Ashvita by Mahindra LIfespaces in Kukatpally, Hyderabad

      Do we have any update....i thought they will be launching this by April'12 end? Any news guys?

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      • #4

        #4

        Re : Ashvita by Mahindra LIfespaces in Kukatpally, Hyderabad

        I guess they are awaiting municipal approvals

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        • #5

          #5

          Re : Ashvita by Mahindra LIfespaces in Kukatpally, Hyderabad

          Has this been shelved,

          How will this be for investment purpose for 2 years

          Comment

          • #6

            #6

            Re : Ashvita by Mahindra LIfespaces in Kukatpally, Hyderabad

            Any Update on this Project ??. Price Details Etc??
            Looking for selfuse. Request senior Members for feedback
            Thanks in advance
            Rgds
            Last edited November 9 2015, 01:13 PM. Reason: Original Name Mentioned

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            • #7

              #7

              Re : Ashvita by Mahindra LIfespaces in Kukatpally, Hyderabad

              Originally posted by mbr123 View Post
              Any Update on this Project ??. Price Details Etc??
              Looking for selfuse. Request senior Members for feedback
              Thanks in advance
              Rgds
              I think its already launched, atleast pre launched surely. Good project and very credible builder. Enquire about it from the builder ASAP. Please share the information here
              Last edited November 9 2015, 01:13 PM. Reason: Original Name Mentioned

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              • #8

                #8

                Re : Ashvita by Mahindra LIfespaces in Kukatpally, Hyderabad

                Booking is opened and they finished with one Block.

                After rigours hunting for months,I have zeroed to invest in the project and booked the project.

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                • #9

                  #9

                  Re : Ashvita by Mahindra LIfespaces in Kukatpally, Hyderabad

                  hi friend....

                  what BSP u got for this?

                  rgds
                  Last edited November 6 2015, 01:57 PM. Reason: Original Name Mentioned

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                  • #10

                    #10

                    Re : Ashvita by Mahindra LIfespaces in Kukatpally, Hyderabad

                    Hi Dude

                    They 're not entertaining any discussions on nego. I committed for 3500 / BSP

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