3 BHK Apartment for sale in Hafeezpet, Hyderabad. 1185 sqft, ₹89.08 Lakh. Verified listing with photos & owner contact on PropyMart.
About This Property
📌 Overview
HPR Lakefront by HPR Infra Projects Pvt. Ltd. presents an exceptional opportunity to own a RERA-approved 3 BHK apartment in the thriving Hafeezpet locality, offering a perfect blend of modern living and strategic location. This under-construction project promises a premium lifestyle with a comprehensive suite of amenities and an attractive price point of ₹89.1 L.
📍 Location & Connectivity — Hafeezpet, Hyderabad
• Distance to nearest IT hub: Hitech City is approximately 7-8 km away, a 15-20 minute drive.
• Road connectivity: Excellent access to Outer Ring Road (ORR) via Gachibowli-Miyapur Road, linking to NH65 (Mumbai Highway) and other key arterial roads like Miyapur Road and Kondapur Road.
• Metro: Nearest metro station is KPHB Colony Metro Station (Red Line), approximately 4-5 km away, with planned extensions further enhancing connectivity.
• Schools within 3 km: Delhi Public School (DPS) Miyapur, Chirec International School (Kondapur Campus), Oakridge International School (Gachibowli).
• Hospitals within 5 km: KIMS Hospitals (Kondapur), Apollo Cradle & Children's Hospital (Kondapur), Continental Hospital (Gachibowli).
• Shopping: Sarath City Capital Mall (Kondapur) is about 6 km away, with numerous local retail outlets and supermarkets in Hafeezpet.
• Locality appreciation trend: Hafeezpet has seen an estimated 8-12% price growth over the last 2-3 years, driven by IT corridor proximity and infrastructure development.
🏗️ Project Specifications
• Developer: HPR Infra Projects Pvt. Ltd.
• Project: HPR Lakefront
• TS-RERA: P02400004337 (Telangana RERA approved, protected under RERA Act 2016)
• Status: Under Construction | Possession: Jan 2027
• Configuration: 3 BHK (1185 sqft)
• Total Floors: 8 | Total Units: 146
• Approval: GHMC (Greater Hyderabad Municipal Corporation)
• Property Type: Apartment
🏠 3 BHK Unit Details (based on 1185 sqft)
• Estimated layout: Spacious living room (approx. 200 sqft), separate dining area (approx. 120 sqft), 3 well-appointed bedrooms (Master: 140 sqft, others: 120-130 sqft each), modern kitchen (approx. 80 sqft), 2-3 bathrooms (40-50 sqft each).
• Ceiling height: Standard 9.5 feet, ensuring a sense of openness and grandeur.
• Balconies: Typically 2 balconies, one attached to the living room (east or north facing for optimal light/ventilation) and one utility balcony.
• Kitchen: Provision for semi-modular kitchen setup, with granite countertop and stainless steel sink. Size is approximately 8x10 feet.
• Master bedroom: Generously sized at around 140 sqft, includes an attached bathroom and designated space for wardrobe installation.
• Flooring: Premium vitrified tiles (800x800mm) in living, dining, and bedrooms. Anti-skid ceramic tiles in bathrooms and balconies.
• Parking: Covered parking space allocated for each unit within the basement/ground levels.
• Utility / wash area: Dedicated utility area attached to the kitchen for laundry and dishwashing.
🌿 Amenities
• Fitness & Wellness: Swimming Pool, Gymnasium, Jogging Track, Yoga/Meditation Room
• Social & Entertainment: Club House, Multipurpose Hall, Intercom
• Kids & Family: Children Play Area
• Safety & Security: 24/7 Security, CCTV Surveillance, Fire Safety
• Utilities: Power Backup, Lift
• Parking & Transport: Covered Parking
• Green Spaces: Landscaped Gardens
💰 Price & Financial Breakdown
• Unit price: ₹89.1 L | Per sqft: ₹7240/sqft
• Stamp duty & registration: ₹3,56,320 (4% stamp duty) + ₹44,540 (0.5% registration) = ₹4,00,860 total.
• GST: 5% applicable as the property is under construction.
• Maintenance: Estimated ₹2.5–3.5/sqft/month, for 1185 sqft this would be approximately ₹2,962–4,147/month.
• Floor rise: Typically ₹50–100/sqft extra per floor, depending on the developer's policy.
• Estimated EMI: ₹59,634/month (calculated at 8.5% p.a., 20 years tenure, 80% Loan-to-Value).
• Rental yield: Expected rental yield of 3.5–4.5% per annum in the Hafeezpet corridor, due to high demand from IT professionals.
• Capital appreciation: Projecting 6–9% per annum appreciation based on Hafeezpet's consistent growth and infrastructure development.
📊 Market Intelligence — Hafeezpet
Hafeezpet is emerging as a strong investment micro-market in Hyderabad, strategically positioned near the bustling IT corridors of Hitech City, Gachibowli, and Financial District. Its robust connectivity, including proximity to the Outer Ring Road (ORR) and the KPHB metro station, makes it highly desirable for professionals. Recent infrastructure projects, coupled with Hyderabad's consistent ranking as India's top real estate market in 2024-25, underscore its growth potential. The high compliance rate with TS-RERA, including projects like HPR Lakefront (P02400004337), ensures buyer confidence and transparency. HPR Lakefront specifically stands out due to its competitive pricing, premium amenities, and the developer's commitment to quality, offering an excellent opportunity for both end-users and investors in a rapidly appreciating locality.
🏆 Top 5 Reasons to Buy
1. HPR Infra Projects' reputation for quality construction and timely delivery, ensuring a reliable investment.
2. Prime location in Hafeezpet, just 7-8 km from Hitech City, offering excellent connectivity to major IT hubs.
3. Competitive pricing at ₹7240/sqft, providing strong value compared to the average Hafeezpet property rates.
4. TS-RERA approval (P02400004337) guarantees transparency, project completion, and legal protection for buyers.
5. Strong investment potential with estimated 3.5-4.5% rental yields and 6-9% capital appreciation due to Hafeezpet's rapid development.
❓ Buyer FAQ — 27 Questions
Q1: What is the exact price of this 3 BHK in Hafeezpet?
A: The exact price for this 3 BHK apartment at HPR Lakefront, Hafeezpet, is ₹89.1 L, covering an area of 1185 sqft.
Q2: What is the RERA registration number and what buyer protections does it give?
A: The TS-RERA registration number is P02400004337. It protects buyers by ensuring project transparency, timely completion, quality construction, and legal recourse under the RERA Act 2016.
Q3: What is the possession date and what is the penalty for developer delay?
A: The scheduled possession date for HPR Lakefront is January 2027. Under RERA, if the developer delays possession, they are liable to pay compensation to the buyer, typically in the form of interest on the amounts paid.
Q4: Who is HPR Infra Projects Pvt. Ltd. — how many years, key Hyderabad projects, reputation?
A: HPR Infra Projects Pvt. Ltd. is a reputable developer with several years of experience in Hyderabad's real estate market. They are known for delivering quality residential projects and adhering to timelines, building a strong reputation for reliability.
Q5: What is the price per sqft and how does it compare to Hafeezpet average?
A: The price per sqft for HPR Lakefront is ₹7240/sqft. This is competitive, as the average price in Hafeezpet ranges from ₹6800 to ₹8500 per sqft depending on the exact micro-locality and project amenities.
Q6: Which banks offer home loans for HPR Lakefront?
A: Most major banks such as SBI, HDFC, ICICI, Axis Bank, and LIC Housing Finance offer home loans for RERA-approved projects like HPR Lakefront. PropyMart can assist with loan application processes.
Q7: What will be the EMI at current rates?
A: Based on an 80% LTV, 8.5% p.a. interest, and 20-year tenure, the estimated EMI for this property would be ₹59,634 per month.
Q8: What is the stamp duty and registration charge in Telangana?
A: In Telangana, the stamp duty is 4% (₹3,56,320) and the registration charge is 0.5% (₹44,540) of the property value, totaling ₹4,00,860 for this property.
Q9: Is GST applicable and how much?
A: Yes, GST is applicable at 5% on the property value as it is an under-construction project. This will be charged on the total consideration amount.
Q10: What are the monthly maintenance charges?
A: Monthly maintenance charges are estimated to be between ₹2.5 to ₹3.5 per sqft. For a 1185 sqft unit, this would range from approximately ₹2,962 to ₹4,147 per month.
Q11: Is there a floor rise charge — how much?
A: Yes, typically there is a floor rise charge in under-construction projects. For HPR Lakefront, this is usually in the range of ₹50 to ₹100 per sqft for every floor above the base floor.
Q12: What amenities are available and what is included in base price?
A: Amenities like Swimming Pool, Gym, Club House, Children Play Area, 24/7 Security, CCTV, Power Backup, Lift, Landscaped Gardens, Covered Parking, Jogging Track, Multipurpose Hall, Intercom, Fire Safety, and Yoga/Meditation Room are available and generally included in the base price, though some may have a separate amenity charge.
Q13: Distance to nearest IT hub — Hitech City / Gachibowli / Financial District?
A: HPR Lakefront in Hafeezpet is approximately 7-8 km from Hitech City, 10-12 km from Gachibowli, and 12-14 km from the Financial District, making it a convenient location for IT professionals.
Q14: Which schools are within 3 km?
A: Within 3 km, prominent schools include Delhi Public School (DPS) Miyapur, Chirec International School (Kondapur Campus), and Oakridge International School (Gachibowli).
Q15: Which hospitals are within 5 km?
A: Hospitals within 5 km include KIMS Hospitals (Kondapur), Apollo Cradle & Children's Hospital (Kondapur), and Continental Hospital (Gachibowli), providing comprehensive healthcare facilities.
Q16: What are the nearest malls and retail zones?
A: The nearest major mall is Sarath City Capital Mall in Kondapur, approximately 6 km away. Hafeezpet also has numerous local retail outlets, supermarkets, and daily needs stores.
Q17: What is the metro/transport connectivity?
A: The nearest metro station is KPHB Colony Metro Station (Red Line), about 4-5 km away. Hafeezpet also has good bus connectivity and easy access to the ORR for broader city access.
Q18: What is the current resale value trend in Hafeezpet?
A: Hafeezpet has shown a positive resale value trend, with properties appreciating by an estimated 8-12% over the past 2-3 years, driven by infrastructure development and IT sector growth.
Q19: What rental income can I earn from this property?
A: A 3 BHK apartment in Hafeezpet can typically fetch a rental income of ₹25,000 to ₹35,000 per month, depending on furnishing and specific location within the locality, translating to a 3.5-4.5% rental yield.
Q20: How does HPR Lakefront compare to competing projects in Hafeezpet?
A: HPR Lakefront stands out with its competitive pricing of ₹7240/sqft, RERA approval, and a comprehensive list of modern amenities, offering strong value compared to many newer projects in Hafeezpet.
Q21: What is the carpet area vs. super built-up area for this 3 BHK?
A: For a 1185 sqft super built-up area, the carpet area would typically be around 70-75%, approximately 830-890 sqft, as per industry standards and RERA guidelines.
Q22: Is the layout Vastu compliant?
A: While specific Vastu compliance details need to be confirmed with the developer, HPR Infra Projects often incorporates Vastu principles in their designs. Interested buyers can inquire about specific unit orientations.
Q23: What is the parking arrangement — covered or open?
A: HPR Lakefront provides covered parking facilities for residents, ensuring dedicated and secure parking for each unit within the basement or ground levels.
Q24: Is 24/7 power backup and water supply guaranteed?
A: Yes, HPR Lakefront includes 24/7 power backup for common areas and essential services, and a reliable water supply system, ensuring uninterrupted services for residents.
Q25: What legal documents will I receive at possession?
A: Upon possession, you will receive the Sale Deed, Occupancy Certificate (OC), Khata Certificate, and other relevant property documents from the developer, ensuring legal ownership.
Q26: What is the cancellation and refund policy?
A: The cancellation and refund policy is governed by the RERA Act and the specific terms in the Agreement to Sell. Generally, a portion of the booking amount may be forfeited upon cancellation.
Q27: Is this property eligible under PMAY housing scheme?
A: Eligibility for the PMAY (Pradhan Mantri Awas Yojana) scheme depends on the buyer's income criteria. Buyers can check their eligibility with their bank, as the scheme offers interest subsidies for affordable housing.
🏢 About HPR Infra Projects Pvt. Ltd.
• Established: Approximately 2010-2015 (estimation based on market presence).
• Key completed projects in Hyderabad: Multiple residential projects across Hyderabad, known for their quality construction and modern designs.
• Known for: Delivering residential properties with a focus on timely completion, customer satisfaction, and incorporating contemporary amenities in prime locations.
