Neopolis

Apr 28, 2024

Pritam95view-icon
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Neopolis Sattva Lakeridge project and builder review:

The space and luxury at Sattva Lake Ridge seem impressive! However, the price per square foot wasn't mentioned. Does anyone know how it compares to nearby projects?

20 Comments

vivekkumarj@gmail.com

Sattva LakeRidge - Current Construction Update with full Neopolis Aerial View from LakeRidge - https://www.youtube.com/watch?v=cu0hKSnB6KE

samad21

You can check the fair price valuation and also compare it with others on Assetscan here directly: https://assetscan.in/property?propertyId=10905&utm_source=F&utm_medium=D&utm_campaign=F1

Rakeshjain
Kokapet is booming. How does this location fare in terms of future development and potential property value increase?
Ritesh
It is one of the rapidly developing zones in Hyderabad. With infrastructural developments and its proximity to major hubs, i can't see property values coming down or even remain stagnant.
Gauthamreddy
Absolutely, it's a hot spot for real estate. Projects started at 6k per sft 3 years back are now 10k base price.
Arpitamittal
Are there any environmental concerns to consider with Sattva Lake Ridge being so close to natural features like lakes?
Kamal
Typically, modern projects follow strict environmental regulations, especially near natural water bodies. This project should adhere to those as well.
Silvia
Any water supply issues in the area? I guess the nearby lake won't be a water source for the community. There projects talk about bore well and everything, but all the societies i see are predominantly dependent on tanker water supply. Not taking any names but you go to Narsingi and outside some major communities you'll see tankers lined up outside.
Debjani
The project location is mentioned just 2 minutes from ORR and 10 minutes from the Financial District sounds really strategic. Any thoughts on commute times during peak hours?
Pritam95
Even though it's close, peak hours at Financial District can get pretty crowded. Might want to add a buffer to those 20-30 minutes, realistically speaking.
Malika
Does the ORR connects to key areas, including the airport and Sattva Knowledge City ??
Nelson
I commute around these parts. With the ORR, the traffic flows better than most areas in Hyderabad. But yeah, you commute arounf 7-8 pm and you'll require a little patience even via the ORR.
Farhan
Considering the under-construction status of Lake Ridge with the posession mentioned for January 2028, how reliable is the builder regarding on-time project completion?
Swapnil
Are sattva and Sumadhura same builders?? I think both their logos are not very distinctive from each other.
kaurjenni51
Na bhai, both are different entities altough both are bangalore based companies only. Sattva is a 30 years old builder and they have multiple residential projects in hyderabad under construction but they are majorly known for the Sattva knowledge park commercial complex in hydrabad. This project, lakeridge is another major project, a lot in discussion because it's in Neopolis. Sumadhura on the other hand is some 20 year old builder. I don't think they have any commercial project in hyderabad. Sumadhura Acropolis is a delivered project in Hyderabad and horizon and olympus are major projects under construction.
Ritesh
Sattva group has a pretty solid reputation. They've been consistent with their projects in Bangalore.
Kunalkashyap
It might be worth looking up online reviews or touching base with residents from other Sattva projects to get firsthand testimonies of their experiences. Magnus is their only delivered project right, in Hyderabad?
kaurjenni51
Based on the description and amenities like centralized AC and infinity pools, I'd expect the pricing to be on the higher side, typical for luxury properties in prime locations like Kokapet.
Ritesh
I heard they're offering competitive rates considering the high-end specifications. Best would be to contact them directly because platforms like Magicbricks don't have specific figures, because details like per sft price and price sheet are mostly accessible when you give your phone number and agree to receiving 10 sales calls a day.
kaurjenni51
To give you a rough idea, luxury projects in the area are trending around the higher end, especially with features like mini theatres and temperature-controlled pools. 11-12k per sft would be the average price in such projects.
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