3 BHK Apartment for sale in Kokapet, Hyderabad. 1988 sqft, ₹1.86 Cr. Verified listing with photos & owner contact on PropyMart.
About This Property
Prestige Clairemont by Prestige Group in Kokapet offers an unparalleled luxury living experience, combining strategic location with world-class amenities in a RERA-approved development. This 3 BHK apartment is designed for discerning homeowners seeking comfort, connectivity, and a sound investment in Hyderabad's thriving real estate market.
📌 Overview
• Prestige Clairemont in Kokapet offers a premium 3 BHK apartment spanning 1988 sqft, providing spacious and luxurious living in one of Hyderabad's most sought-after localities.
• Developed by the renowned Prestige Group, this RERA-approved project ensures a secure and valuable investment with possession expected by November 2027.
📍 Location & Connectivity — Kokapet, Hyderabad
• Distance to nearest IT hub: Financial District (Wipro Circle) is approximately 6-7 km, Gachibowli IT Hub is about 10 km.
• Road connectivity: Excellent access to Outer Ring Road (ORR) via Kokapet Exit 1, connecting seamlessly to NH65 and other arterial roads like Narsingi-Manikonda Road.
• Metro: Nearest operational metro station is Raidurg (Blue Line), approximately 12 km, with planned future extensions towards Kokapet.
• Schools within 3 km:
• Oakridge International School, Gachibowli Campus
• The Gaudium School, Kollur
• Delhi Public School, Khajaguda
• Hospitals within 5 km:
• Continental Hospital, Gachibowli
• Aware Gleneagles Global Hospital, LBNagar
• Sunshine Hospitals, Gachibowli
• Shopping: Sarath City Capital Mall (Gachibowli) is approximately 10 km, providing a wide range of retail and entertainment options.
• Locality appreciation trend: Kokapet has witnessed a consistent price growth of 10-15% over the last 2-3 years, driven by infrastructure development and IT sector growth.
🏗️ Project Specifications
• Developer: Prestige Group
• Project: Prestige Clairemont
• TS-RERA: P02400005677 (Telangana RERA approved, protected under RERA Act 2016)
• Status: Under Construction | Possession: Nov 2027
• Configuration: 3 BHK (1988 sqft)
• Total Floors: 33-39 (High-rise towers)
• Total Units: 151 (Exclusive community)
• Approval: HMDA (Hyderabad Metropolitan Development Authority)
• Property Type: Apartment
🏠 3 BHK Unit Details (based on 1988 sqft)
• Estimated layout: Generous living room (approx. 300 sqft), spacious dining area (approx. 180 sqft), 3 well-sized bedrooms (master bedroom approx. 180 sqft, others 140-160 sqft), modern kitchen (approx. 100 sqft), 3 bathrooms.
• Ceiling height: Typically 9.5-10 ft for a premium feel and ample natural light.
• Balconies: Likely 2-3 balconies, potentially one attached to the living area and one or two to bedrooms, offering views and natural ventilation (orientation might vary).
• Kitchen: Provision for a semi-modular kitchen with granite countertop and stainless steel sink.
• Master bedroom: Large master bedroom with an attached en-suite bathroom and dedicated space for wardrobe.
• Flooring: Premium vitrified tiles in living, dining, and bedrooms; anti-skid ceramic tiles in bathrooms and balconies.
• Parking: Covered car parking space for one vehicle per unit, as per project norms.
• Utility / wash area: Dedicated utility area adjacent to the kitchen for laundry and other services.
🌿 Amenities
• Fitness & Wellness:
• Swimming Pool
• Gymnasium
• Jogging Track
• Yoga Deck / Meditation Area
• Spa
• Outdoor Gym
• Social & Entertainment:
• Clubhouse
• Multipurpose Lawn
• Multipurpose Court
• Theatre / Mini Theater
• Billiards Table
• Indoor Game Room
• Kids & Family:
• Kids Zone / Children Play Area
• Basketball Court
• Badminton Court
• Safety & Security:
• 24x7 Security
• Power Backup (full or partial)
• Utilities:
• 24x7 Water Supply
• Parking & Transport:
• Car Parking (covered)
• Open Parking
• Senior Citizen Zone
💰 Price & Financial Breakdown
• Unit price: ₹1.86 Cr | Per sqft: ₹9,356/sqft
• Stamp duty & registration: ₹7,44,000 (4% stamp duty) + ₹93,000 (0.5% registration) = ₹8,37,000
• GST: 5% is applicable as the property is under construction.
• Maintenance: Estimated at ₹3-4/sqft/month, which for 1988 sqft would be approximately ₹5,964–7,952/month.
• Floor rise: Typically ₹50–150/sqft extra per floor, depending on the developer and specific floor level.
• Estimated EMI: ₹1,24,516/month (calculated at 8.5% p.a. interest, 20-year tenure, 80% Loan-to-Value).
• Rental yield: Kokapet properties currently offer a rental yield of 3-4.5% per annum for similar configurations.
• Capital appreciation: Expect an annual capital appreciation of 5-8% in Kokapet, driven by its rapid development and demand.
📊 Market Intelligence — Kokapet
Kokapet has emerged as a premium investment micro-market in Hyderabad, primarily due to its strategic location at the confluence of the Outer Ring Road (ORR) and proximity to the Financial District and Gachibowli IT hub. The area benefits from ongoing infrastructure projects, including excellent road networks, proposed metro connectivity, and significant commercial developments, attracting both IT professionals and high-net-worth individuals. TS-RERA compliance provides a layer of security and transparency for buyers, contributing to increased investor confidence. Hyderabad consistently ranks as one of India's top real estate markets, driven by its robust IT/ITeS sector, pharmaceutical industry, and burgeoning logistics ecosystem. Prestige Clairemont stands out within this dynamic landscape, offering a combination of a reputable developer, luxury amenities, and a prime location, promising both an elevated lifestyle and strong investment returns.
🏆 Top 5 Reasons to Buy
1. Developer Reputation: Prestige Group is synonymous with quality construction, timely delivery, and premium lifestyle projects across India, ensuring a trustworthy investment.
2. Location Advantage: Situated in Kokapet, it offers unparalleled access to the Financial District (6-7 km) and Gachibowli, making it ideal for IT professionals and families.
3. Price Value: At ₹9,356/sqft, it offers competitive pricing for luxury apartments in Kokapet, a rapidly appreciating micro-market.
4. RERA Protection: TS-RERA registration P02400005677 ensures buyer protection, project transparency, and adherence to timelines as per the RERA Act 2016.
5. Investment Case: High potential for capital appreciation (5-8% p.a.) and a strong rental yield (3-4.5%) due to its strategic location and luxury offerings.
❓ Buyer FAQ — 27 Questions
Q1: What is the exact price of this 3 BHK in Kokapet?
A: The exact price for this 3 BHK apartment of 1988 sqft in Prestige Clairemont, Kokapet, is ₹1.86 Cr.
Q2: What is the RERA registration number and what buyer protections does it give?
A: The TS-RERA registration number is P02400005677. This protects buyers by ensuring project transparency, timely delivery, and accountability from the developer under the RERA Act 2016.
Q3: What is the possession date and what is the penalty for developer delay?
A: The expected possession date for Prestige Clairemont is November 2027. Under RERA, if the developer delays possession, they are liable to pay compensation to the buyer.
Q4: Who is Prestige Group — how many years, key Hyderabad projects, reputation?
A: Prestige Group is a leading Indian real estate developer with over 38 years of experience. They are known for quality construction and timely delivery, with key Hyderabad projects including Prestige High Fields and Prestige Ivy League.
Q5: What is the price per sqft and how does it compare to Kokapet average?
A: The price per sqft is ₹9,356. This is competitive for a premium project by a renowned developer in Kokapet, where average prices for luxury segments can range from ₹8,500 to ₹12,000+ per sqft.
Q6: Which banks offer home loans for Prestige Clairemont?
A: Major banks like HDFC Bank, ICICI Bank, SBI, Axis Bank, and LIC Housing Finance typically offer home loans for RERA-approved projects by reputed developers like Prestige Group.
Q7: What will be the EMI at current rates?
A: The estimated EMI for this property is ₹1,24,516 per month, calculated based on an 8.5% p.a. interest rate, a 20-year tenure, and 80% Loan-to-Value (LTV).
Q8: What is the stamp duty and registration charge in Telangana?
A: In Telangana, the stamp duty is 4% of the property value, and the registration charge is 0.5%. For this property, it amounts to ₹7,44,000 (stamp duty) + ₹93,000 (registration).
Q9: Is GST applicable and how much?
A: Yes, GST is applicable at 5% on the property value for under-construction residential properties. This is because the project is currently under construction.
Q10: What are the monthly maintenance charges?
A: Monthly maintenance charges are estimated to be ₹3-4 per sqft. For a 1988 sqft unit, this would range from approximately ₹5,964 to ₹7,952 per month.
Q11: Is there a floor rise charge — how much?
A: Yes, a floor rise charge is typically applicable for high-rise projects. It usually ranges from ₹50 to ₹150 per sqft for every floor increase, varying by specific floor levels.
Q12: What amenities are available and what is included in base price?
A: Amenities like the swimming pool, gymnasium, clubhouse, 24x7 security, and power backup are available. These are generally included in the base price, though specific inclusions should be confirmed.
Q13: Distance to nearest IT hub — Hitech City / Gachibowli / Financial District?
A: The closest major IT hub is the Financial District, approximately 6-7 km away. Gachibowli is about 10 km, and Hitech City is around 15 km from Prestige Clairemont.
Q14: Which schools are within 3 km?
A: Prominent schools within 3 km include Oakridge International School, The Gaudium School, and Delhi Public School, offering quality education options for residents.
Q15: Which hospitals are within 5 km?
A: Hospitals like Continental Hospital, Aware Gleneagles Global Hospital, and Sunshine Hospitals are all within a 5 km radius, ensuring access to excellent healthcare facilities.
Q16: What are the nearest malls and retail zones?
A: Sarath City Capital Mall in Gachibowli is the nearest major shopping destination, approximately 10 km away, offering extensive retail and entertainment options.
Q17: What is the metro/transport connectivity?
A: While direct metro connectivity to Kokapet is planned, the nearest operational metro station is Raidurg (Blue Line), about 12 km away. The project offers excellent road connectivity via the ORR.
Q18: What is the current resale value trend in Kokapet?
A: Kokapet has shown a strong upward trend in resale values, with properties appreciating by 10-15% over the past 2-3 years due to infrastructure development and demand.
Q19: What rental income can I earn from this property?
A: Similar 3 BHK properties in Kokapet can fetch a rental income offering a yield of 3-4.5% per annum, translating to approximately ₹50,000 - ₹70,000 per month for a 1988 sqft unit.
Q20: How does Prestige Clairemont compare to competing projects in Kokapet?
A: Prestige Clairemont stands out due to Prestige Group's brand value, superior amenities, strategic location, and competitive pricing for its luxury segment in Kokapet.
Q21: What is the carpet area vs. super built-up area for this 3 BHK?
A: For a 1988 sqft super built-up area, the carpet area would typically be around 70-75% of the super built-up area, approximately 1390-1490 sqft, depending on specific design.
Q22: Is the layout Vastu compliant?
A: Most modern developments by reputed builders like Prestige Group offer Vastu-compliant layouts or options. It is advisable to check specific floor plans for Vastu alignment.
Q23: What is the parking arrangement — covered or open?
A: Prestige Clairemont provides covered car parking for residents, with additional open parking available for visitors as per project specifications.
Q24: Is 24/7 power backup and water supply guaranteed?
A: Yes, the project offers 24x7 water supply and power backup, ensuring uninterrupted services for all residents.
Q25: What legal documents will I receive at possession?
A: Upon possession, you will receive the Sale Deed, Occupancy Certificate (OC), Khata/Property Tax records, and other relevant documents pertaining to your ownership.
Q26: What is the cancellation and refund policy?
A: The cancellation and refund policy will be as per the terms outlined in the Agreement to Sell, adhering to RERA guidelines, which typically involve forfeiture of booking amounts.
Q27: Is this property eligible under PMAY housing scheme?
A: The Pradhan Mantri Awas Yojana (PMAY) scheme primarily targets affordable housing. Given the price point of ₹1.86 Cr, this property is generally not eligible under the PMAY scheme.
🏢 About Prestige Group
• Established: 1986
• Key completed projects in Hyderabad: Prestige High Fields, Prestige Ivy League, Prestige Cyber Towers, Prestige Park Ridge
• Known for: Delivering high-quality residential, commercial, retail, and hospitality projects with a strong focus on design, innovation, and timely completion, earning a reputation for customer satisfaction.
