5 BHK Apartment for sale in Kokapet, Hyderabad. 5500 sqft, ā¹7.44 Cr. Verified listing with photos & owner contact on PropyMart.
About This Property
š Overview
ā¢ Sattva Lake Ridge in Kokapet stands as a beacon of ultra-luxury, offering an expansive 5 BHK apartment spanning 5500 sqft, meticulously crafted by the renowned Sattva Developers. This RERA-approved project promises an unparalleled lifestyle with its prime location and world-class amenities, making it a coveted address in Hyderabad's burgeoning real estate landscape.
š Location & Connectivity ā Kokapet, Hyderabad
ā¢ Distance to nearest IT hub: Financial District is approximately 7 km, Gachibowli is about 10 km, and Hitech City is around 15 km via ORR.
ā¢ Road connectivity: Directly accessible from Kokapet SEZ Main Road, excellent connectivity to Outer Ring Road (ORR) exit 1 and Narsingi Junction, linking to NH 65.
ā¢ Metro: Nearest operational metro station is Raidurg (Blue Line), approximately 16 km away, with planned future extensions closer to Kokapet.
ā¢ Schools within 3 km: Oakridge International School, The Global Edge School, Phoenix Greens International School.
ā¢ Hospitals within 5 km: Continental Hospital, Aware Gleneagles Global Hospital, Himagiri Hospitals.
ā¢ Shopping: Sarath City Capital Mall (approx. 13 km), GVK One Mall (approx. 18 km), multiple high-street retail options in Narsingi and Gachibowli.
ā¢ Locality appreciation trend: Kokapet has shown a robust 8-12% price growth estimate over the last 2-3 years, driven by infrastructure and IT sector expansion.
šļø Project Specifications
ā¢ Developer: Sattva
ā¢ Project: Sattva Lake Ridge
ā¢ TS-RERA: P02400006230 (Telangana RERA approved, protected under RERA Act 2016)
ā¢ Status: Under Construction | Possession: Jan 2028
ā¢ Configuration: 5 BHK (5500 sqft)
ā¢ Total Floors: 37 | Total Units: 897
ā¢ Approval: HMDA (Hyderabad Metropolitan Development Authority)
ā¢ Property Type: Apartment
š 5 BHK Unit Details (based on 5500 sqft)
ā¢ Estimated layout: Grand living room (approx. 800 sqft), spacious dining area (approx. 400 sqft), 5 large bedrooms (each approx. 300-450 sqft), a gourmet kitchen (approx. 250 sqft), and 5-6 well-appointed bathrooms.
ā¢ Ceiling height: Typically 10 ft, providing an airy and expansive feel.
ā¢ Balconies: Expected 3-4 large balconies, likely facing east or north for optimal light and ventilation.
ā¢ Kitchen: Fully modular kitchen with premium fittings and utility space, approx. 250 sqft.
ā¢ Master bedroom: Generous size (approx. 450 sqft) with an attached luxurious bathroom and dedicated wardrobe provisions.
ā¢ Flooring: High-quality vitrified tiles in living, dining, and bedrooms; anti-skid ceramic tiles in bathrooms and balconies.
ā¢ Parking: Covered parking for multiple vehicles as per project norms.
ā¢ Utility / wash area: Yes, a dedicated utility area adjacent to the kitchen for laundry and other services.
šæ Amenities
ā¢ Fitness & Wellness: Swimming Pool, Gymnasium, Health Club, Yoga/Aerobics Studio, Jogging Tracks, Squash Courts, Basketball Court, Tennis Court, Badminton Court, Cricket Nets.
ā¢ Social & Entertainment: Clubhouse, Indoor Games Facilities, Games Room, Party Hall, Cafeteria, Library, Meeting Rooms.
ā¢ Kids & Family: Creche/Day Care, Children's Play Area.
ā¢ Safety & Security: 24/7 Security, CCTV Surveillance.
ā¢ Utilities: Housekeeping Service Room.
ā¢ Parking & Transport: Dedicated covered parking.
ā¢ Other: Landscaped Gardens, Mini Mart, Elders Room.
š° Price & Financial Breakdown
ā¢ Unit price: ā¹7.44 Cr | Per sqft: ā¹12000 ā 14500/sqft
ā¢ Stamp duty & registration: ā¹29,76,000 (4% stamp duty) + ā¹3,72,000 (0.5% registration) for a total of ā¹33,48,000.
ā¢ GST: 5% is applicable as the property is under construction.
ā¢ Maintenance: Estimated ā¹2ā4/sqft/month, for 5500 sqft this translates to ā¹11,000ā22,000/month.
ā¢ Floor rise: Typically ā¹50ā150/sqft extra per floor, adding to the unit cost based on selected floor.
ā¢ Estimated EMI: ā¹4,98,063/month (calculated at 8.5% p.a. interest, over 20 years, with 80% Loan-to-Value).
ā¢ Rental yield: Expected 3ā4.5% per annum in the Kokapet corridor for similar luxury properties.
ā¢ Capital appreciation: Estimated 5ā8% per annum based on Kokapet's consistent growth trajectory and infrastructure development.
š Market Intelligence ā Kokapet
Kokapet has rapidly emerged as a premier investment micro-market in Hyderabad, driven by its strategic location and planned infrastructure. Its proximity to the Financial District, Outer Ring Road, and upcoming IT parks makes it a magnet for professionals and high-net-worth individuals. Recent infrastructure projects, including widened roads, improved civic amenities, and the potential for metro connectivity, further enhance its appeal. TS-RERA compliance across new projects, including Sattva Lake Ridge, provides buyers with essential protection and transparency, bolstering confidence in the market. Hyderabad's consistent ranking as one of India's top real estate markets for 2024ā25 underscores the city's robust growth. Sattva Lake Ridge, with its premium offerings, reputable developer, and strategic location in Kokapet SEZ, stands out as a prime investment opportunity for luxury homebuyers seeking appreciation and an elevated lifestyle.
š Top 5 Reasons to Buy
1. Developer reputation: Sattva is a highly reputed developer known for delivering quality and timely projects in the luxury segment.
2. Location advantage: Situated in Kokapet SEZ, offering excellent connectivity to the Financial District (7 km) and Gachibowli (10 km), Hyderabad's primary IT hubs.
3. Price value: At ā¹12000 ā 14500/sqft, it offers competitive pricing for a 5500 sqft luxury apartment in a rapidly appreciating locality like Kokapet.
4. RERA protection: TS-RERA registration P02400006230 ensures buyer protection, transparency, and adherence to project timelines and specifications.
5. Investment case: Strong potential for capital appreciation (5-8% p.a.) and attractive rental yields (3-4.5% p.a.) due to high demand in a growing IT corridor.
ā Buyer FAQ ā 27 Questions
Q1: What is the exact price of this 5 BHK in Kokapet?
A1: The exact price for this 5 BHK apartment at Sattva Lake Ridge in Kokapet is ā¹7.44 Cr, offering 5500 sqft of luxurious living space.
Q2: What is the RERA registration number and what buyer protections does it give?
A2: The TS-RERA registration number is P02400006230. This ensures project transparency, timely delivery, and quality construction as per the RERA Act 2016.
Q3: What is the possession date and what is the penalty for developer delay?
A3: The official possession date for Sattva Lake Ridge is January 2028. RERA mandates compensation for developer delays, typically 10% interest on the amount paid by the buyer for each month of delay.
Q4: Who is Sattva ā how many years, key Hyderabad projects, reputation?
A4: Sattva is a leading real estate developer with over three decades of experience, known for multiple residential and commercial projects across Hyderabad, including Sattva Knowledge City and Sattva Magnus. They have a strong reputation for quality construction and timely delivery.
Q5: What is the price per sqft and how does it compare to Kokapet average?
A5: The price per sqft ranges from ā¹12000 ā 14500. This is competitive for a luxury segment project in Kokapet, which has seen average prices for premium properties in the ā¹11,000-15,000/sqft range.
Q6: Which banks offer home loans for Sattva Lake Ridge?
A6: Major banks like HDFC Bank, ICICI Bank, State Bank of India, Axis Bank, and LIC Housing Finance are likely to offer home loans for Sattva Lake Ridge given its RERA approval and developer reputation.
Q7: What will be the EMI at current rates?
A7: Based on an 80% Loan-to-Value, 8.5% p.a. interest, and a 20-year tenure, the estimated EMI for this property would be ā¹4,98,063 per month.
Q8: What is the stamp duty and registration charge in Telangana?
A8: In Telangana, the stamp duty is 4% (ā¹29,76,000) and the registration charge is 0.5% (ā¹3,72,000) of the property value, totaling ā¹33,48,000 for this apartment.
Q9: Is GST applicable and how much?
A9: Yes, GST is applicable at 5% for under-construction properties, as Sattva Lake Ridge is currently under construction.
Q10: What are the monthly maintenance charges?
A10: Estimated monthly maintenance charges are ā¹2ā4/sqft. For a 5500 sqft unit, this would be between ā¹11,000 and ā¹22,000 per month.
Q11: Is there a floor rise charge ā how much?
A11: Yes, there is typically a floor rise charge, estimated to be ā¹50ā150 per sqft extra for each higher floor in such luxury projects.
Q12: What amenities are available and what is included in base price?
A12: Amenities like the Swimming Pool, Gymnasium, Clubhouse, Creche/Day Care, and 24/7 Security are available and generally included in the base price, with some specific club memberships potentially having an additional one-time charge.
Q13: Distance to nearest IT hub ā Hitech City / Gachibowli / Financial District?
A13: The nearest IT hub, Financial District, is approximately 7 km away. Gachibowli is about 10 km and Hitech City is around 15 km from Sattva Lake Ridge.
Q14: Which schools are within 3 km?
A14: Prominent schools within 3 km include Oakridge International School, The Global Edge School, and Phoenix Greens International School, offering quality education options.
Q15: Which hospitals are within 5 km?
A15: Hospitals such as Continental Hospital, Aware Gleneagles Global Hospital, and Himagiri Hospitals are located within a 5 km radius, providing excellent medical facilities.
Q16: What are the nearest malls and retail zones?
A16: Sarath City Capital Mall is approximately 13 km away. Additionally, there are several high-street retail zones in Narsingi and Gachibowli for shopping and entertainment.
Q17: What is the metro/transport connectivity?
A17: The nearest operational metro station is Raidurg (Blue Line), approximately 16 km away. The project benefits from excellent road connectivity via Kokapet SEZ Main Road and the Outer Ring Road (ORR).
Q18: What is the current resale value trend in Kokapet?
A18: Kokapet has shown a positive resale value trend, with properties appreciating by an estimated 8-12% over the last 2-3 years due to high demand and infrastructure development.
Q19: What rental income can I earn from this property?
A19: For a luxury 5 BHK in Kokapet, you can expect a rental yield of 3ā4.5% per annum, translating to a significant monthly rental income.
Q20: How does Sattva Lake Ridge compare to competing projects in Kokapet?
A20: Sattva Lake Ridge stands out with its expansive 5500 sqft 5 BHK configuration, 37 floors, extensive amenities, and the reputable Sattva brand, offering a unique luxury proposition compared to many 3 & 4 BHK focused projects.
Q21: What is the carpet area vs. super built-up area for this 5 BHK?
A21: For a 5500 sqft super built-up area, the carpet area would typically be around 70-75%, approximately 3850-4125 sqft, as per standard industry calculations for luxury apartments.
Q22: Is the layout Vastu compliant?
A22: While specific Vastu compliance details can be confirmed with the developer, premium projects like Sattva Lake Ridge often incorporate Vastu principles in their design to cater to buyer preferences.
Q23: What is the parking arrangement ā covered or open?
A23: Sattva Lake Ridge offers covered parking facilities for its residents, ensuring safety and convenience for multiple vehicles per unit.
Q24: Is 24/7 power backup and water supply guaranteed?
A24: Yes, 24/7 power backup for common areas and apartments (with load restrictions) and continuous water supply are standard features in premium projects like Sattva Lake Ridge.
Q25: What legal documents will I receive at possession?
A25: Upon possession, you will receive the Sale Deed, Occupancy Certificate (OC), Completion Certificate (CC), and a copy of the RERA registration certificate, among other necessary legal documents.
Q26: What is the cancellation and refund policy?
A26: Cancellation and refund policies are typically outlined in the Sale Agreement. They often involve forfeiture of booking amounts or a percentage of the paid amount, varying by developer and stage of construction.
Q27: Is this property eligible under PMAY housing scheme?
A27: Given the price point of ā¹7.44 Cr, this luxury 5 BHK property is not eligible under the Pradhan Mantri Awas Yojana (PMAY) housing scheme, which targets affordable housing segments.
š¢ About Sattva
ā¢ Established: Over three decades ago (circa 1986)
ā¢ Key completed projects in Hyderabad: Sattva Knowledge City, Sattva Magnus, Sattva Gold Summit, multiple residential projects across Hyderabad.
ā¢ Known for: Punctual delivery, high-quality construction standards, innovative design, and a strong commitment to customer satisfaction in the commercial and residential segments.
