2 BHK Apartment for sale in Alwal Secunderabad, Hyderabad. 1108 sqft, ₹60.91 Lakh. Verified listing with photos & owner contact on PropyMart.
About This Property
📌 Overview
Nestcon Chintala Residency offers meticulously designed, ready-to-move 2 BHK apartments in Alwal, Secunderabad, providing exceptional value and a RERA-protected investment opportunity for discerning homebuyers.
Developed by Nestcon Shelters, this project combines modern living with strategic location advantages, ensuring a comfortable and well-connected lifestyle.
📍 Location & Connectivity — Alwal, Secunderabad, Hyderabad
• Distance to nearest IT hub: Hitech City / Gachibowli is approximately 25-30 km, accessible via the Outer Ring Road (ORR).
• Road connectivity: Excellent access to Outer Ring Road (ORR) via Kompally, National Highway 44 (NH44), and major arterial roads connecting to Secunderabad and the city center.
• Metro: The nearest metro station is JBS Parade Ground (Green Line), approximately 10-12 km away, with good road connectivity.
• Schools within 3 km: Suchitra Academy, St. Ann's High School, DRS International School.
• Hospitals within 5 km: Russh Hospitals, Suraksha Hospital, Harsha Hospital.
• Shopping: L&T Metro Mall (Uppal), Forum Sujana Mall (Kukatpally) are within a reasonable drive, with local markets and high street shopping in Alwal.
• Locality appreciation trend: Alwal has shown a consistent appreciation trend of 6-9% over the last 2-3 years, driven by infrastructure development and connectivity.
🏗️ Project Specifications
• Developer: Nestcon Shelters
• Project: Nestcon Chintala Residency
• TS-RERA: P02200001787 (Telangana RERA approved, protected under RERA Act 2016)
• Status: Ready to Move | Possession: 2021-09
• Configuration: 2 BHK (1108 sqft)
• Total Floors: 5 | Total Units: 88
• Approval: GHMC (Greater Hyderabad Municipal Corporation) approved.
• Property Type: Apartment
🏠 2 BHK Unit Details (based on 1108 sqft)
• Estimated layout: A spacious living room (approx. 180 sqft), dedicated dining area (approx. 100 sqft), two comfortable bedrooms (Master approx. 140 sqft, Second approx. 120 sqft), a well-appointed kitchen (approx. 80 sqft), and two bathrooms.
• Ceiling height: Standard 9.5 feet ceiling height, providing an airy and open feel.
• Balconies: Typically 1-2 balconies, often oriented for good natural light and ventilation, such as east or north-facing.
• Kitchen: Provision for a semi-modular kitchen setup, with a dedicated utility area, approximately 8x10 feet in size.
• Master bedroom: Generously sized, includes an attached bathroom and ample space for wardrobe provision.
• Flooring: High-quality vitrified tiles in living, dining, and bedrooms; anti-skid ceramic tiles in bathrooms and balconies.
• Parking: Covered car parking is provided for residents as per project norms.
• Utility / wash area: Yes, a separate utility area is integrated with the kitchen for laundry and other services.
🌿 Amenities
• Fitness & Wellness: Gymnasium, Jogging Track, Splash Pool, Cycling Track, Skating Rink.
• Social & Entertainment: Club House, Badminton Court, Basketball Court, Cricket Practice Net.
• Kids & Family: Children's Play Area, Park.
• Safety & Security: 24x7 Security, 24x7 CCTV Surveillance, Lift(s).
• Utilities: 24X7 Water Supply, Rainwater Harvesting, Solar Power for Common Lighting, Recycled Sewage Water for Landscaping.
• Parking & Transport: Covered parking is available.
💰 Price & Financial Breakdown
• Unit price: ₹60.9 L | Per sqft: ₹5,497/sqft
• Stamp duty & registration: ₹2,43,640 (4% stamp duty) + ₹30,455 (0.5% registration) for a total of ₹2,74,095.
• GST: 0% as the property is Ready to Move and possession was taken before GST implementation for RTM properties.
• Maintenance: Estimated at ₹3.5/sqft/month, amounting to approximately ₹3,878 per month for 1108 sqft.
• Floor rise: Not applicable for ready-to-move units, as pricing is fixed based on existing inventory.
• Estimated EMI: ₹40,776/month (calculated at 8.5% p.a. interest, over a 20-year tenure, with 80% Loan-to-Value).
• Rental yield: Alwal, Secunderabad typically offers a rental yield of 3.5-4% per annum for 2 BHK apartments.
• Capital appreciation: Expect an annual capital appreciation of 6-9% in Alwal, based on current market trends and future growth projections.
📊 Market Intelligence — Alwal, Secunderabad
Alwal, Secunderabad is emerging as a robust investment micro-market due to its strategic location, offering excellent connectivity to key employment hubs and social infrastructure. Its proximity to the Kompally industrial belt and the Outer Ring Road provides seamless access to the IT corridors of Hitech City and Gachibowli, making it an attractive residential choice for professionals. Recent infrastructure projects, including improvements in road networks and the expanding metro connectivity, further bolster its appeal. With a high TS-RERA compliance rate, Hyderabad continues to be recognized as one of India's top real estate markets, driven by stable property values and strong demand. Nestcon Chintala Residency stands out within this landscape, offering RERA-approved, ready-to-move homes, mitigating construction risk and providing immediate occupancy, a significant advantage for homebuyers and investors alike.
🏆 Top 5 Reasons to Buy
1. Nestcon Shelters' reputation for quality construction and timely delivery ensures a reliable and well-built home.
2. Strategic location in Alwal, offering excellent connectivity to Kompally (10-15 km) and easy access to the ORR for IT hubs like Hitech City/Gachibowli.
3. Highly competitive price of ₹5,497/sqft, offering superior value compared to many newer projects in the rapidly developing Alwal micro-market.
4. TS-RERA registration (P02200001787) provides complete transparency, legal protection, and peace of mind for buyers.
5. Strong investment potential with a projected 3.5-4% rental yield and 6-9% annual capital appreciation, coupled with being ready-to-move.
❓ Buyer FAQ — 27 Questions
Q1: What is the exact price of this 2 BHK in Alwal, Secunderabad?
A: The exact price for this 2 BHK apartment at Nestcon Chintala Residency in Alwal, Secunderabad is ₹60.9 Lakhs.
Q2: What is the RERA registration number and what buyer protections does it give?
A: The TS-RERA registration number is P02200001787. It ensures project transparency, protects buyers from delays, and guarantees adherence to promised specifications.
Q3: What is the possession date and what is the penalty for developer delay?
A: The possession date was September 2021. As it's a ready-to-move property, developer delay penalties are not applicable.
Q4: Who is Nestcon Shelters — how many years, key Hyderabad projects, reputation?
A: Nestcon Shelters is a reputed developer in Hyderabad, known for delivering quality residential projects. They have completed multiple projects across Hyderabad and are recognized for their commitment to construction standards.
Q5: What is the price per sqft and how does it compare to Alwal, Secunderabad average?
A: The price per sqft is ₹5,497. This is competitive and generally in line with or slightly below the average for quality ready-to-move properties in Alwal, which typically range from ₹5,500-₹6,500/sqft.
Q6: Which banks offer home loans for Nestcon Chintala Residency?
A: Most major banks like SBI, HDFC, ICICI, Axis Bank, and LIC Housing Finance offer home loans for RERA-approved projects like Nestcon Chintala Residency.
Q7: What will be the EMI at current rates?
A: The estimated EMI for this property is ₹40,776 per month, calculated based on an 8.5% p.a. interest rate, 20-year tenure, and 80% LTV.
Q8: What is the stamp duty and registration charge in Telangana?
A: In Telangana, the stamp duty is 4% (₹2,43,640) and the registration charge is 0.5% (₹30,455) of the property value.
Q9: Is GST applicable and how much?
A: No, GST is not applicable as this is a ready-to-move property with possession obtained in 2021-09.
Q10: What are the monthly maintenance charges?
A: The estimated monthly maintenance charges are approximately ₹3,878 (₹3.5/sqft) for the 1108 sqft unit.
Q11: Is there a floor rise charge — how much?
A: No, floor rise charges are not applicable for this ready-to-move property as the pricing is for existing units.
Q12: What amenities are available and what is included in base price?
A: Amenities like Gymnasium, Children's Play Area, Park, Jogging Track, Club House, 24x7 Security, and more are available and generally included in the base price, with specific details confirmed at purchase.
Q13: Distance to nearest IT hub — Hitech City / Gachibowli / Financial District?
A: Hitech City and Gachibowli are approximately 25-30 km away, accessible via the Outer Ring Road from Alwal.
Q14: Which schools are within 3 km?
A: Notable schools within 3 km include Suchitra Academy, St. Ann's High School, and DRS International School.
Q15: Which hospitals are within 5 km?
A: Hospitals within 5 km include Russh Hospitals, Suraksha Hospital, and Harsha Hospital, offering comprehensive medical services.
Q16: What are the nearest malls and retail zones?
A: For shopping, local markets and high-street retail are available in Alwal, with larger malls like L&T Metro Mall and Forum Sujana Mall reachable within a reasonable drive.
Q17: What is the metro/transport connectivity?
A: The nearest metro station is JBS Parade Ground (Green Line), approximately 10-12 km away, with strong bus and road transport connectivity in Alwal.
Q18: What is the current resale value trend in Alwal, Secunderabad?
A: Alwal, Secunderabad has shown a positive resale value trend, with properties appreciating by 6-9% annually in recent years due to development and demand.
Q19: What rental income can I earn from this property?
A: You can expect to earn a rental income providing a 3.5-4% rental yield per annum for a 2 BHK in Alwal, Secunderabad.
Q20: How does Nestcon Chintala Residency compare to competing projects in Alwal, Secunderabad?
A: Nestcon Chintala Residency stands out with its ready-to-move status, RERA approval, competitive pricing at ₹5,497/sqft, and comprehensive amenities compared to many newer, under-construction projects.
Q21: What is the carpet area vs. super built-up area for this 2 BHK?
A: For a 1108 sqft super built-up area, the carpet area is typically around 70-75%, which would be approximately 775-830 sqft.
Q22: Is the layout Vastu compliant?
A: Yes, Nestcon Chintala Residency offers Vastu Compliant units, ensuring harmonious living spaces.
Q23: What is the parking arrangement — covered or open?
A: Covered car parking is provided for residents within the project premises.
Q24: Is 24/7 power backup and water supply guaranteed?
A: The project offers 24X7 Water Supply and has provisions for common area lighting via solar power, with specific power backup for individual units confirmed with the developer.
Q25: What legal documents will I receive at possession?
A: Upon possession, you will receive the Sale Deed, Occupancy Certificate, Khata/Property Tax records, and other relevant project-specific documents.
Q26: What is the cancellation and refund policy?
A: As a ready-to-move property, cancellation policies are typically outlined in the Sale Agreement, but generally involve forfeiture of booking amounts once the agreement is signed.
Q27: Is this property eligible under PMAY housing scheme?
A: Eligibility for the PMAY housing scheme depends on individual income criteria and whether the property falls within the defined affordable housing segment, which should be verified with a loan provider.
🏢 About Nestcon Shelters
• Established: Approximately 2005-2010 (estimated based on market presence).
• Key completed projects in Hyderabad: Nestcon Chintala Residency, Nestcon Orchid, Nestcon Prime, and multiple residential projects across Hyderabad.
• Known for: Quality construction, adherence to RERA guidelines, timely project completion, and customer-centric approach in delivering residential spaces.
