The city of the Nizams, Hyderabad, is today synonymous with India’s burgeoning IT revolution, which attracts tens of thousands to the city, looking for work. Hitec City and Gachibowli in the western part of the city have emerged as key IT hotspots and have fostered massive infrastructural development in and around them. Unsurprisingly, both residential and commercial real estate projects are coming up with regularity to meet the ever-increasing demand. INCOR, among the most reputable builders in the city, are coming up with their project, One City, in Kukatpally to cater to this segment.
One City is an ambitious project, comprising residential, recreational and commercial spaces. Located in close proximity to the aforementioned IT hubs, the last few months have seen this new project find its feet (literally and figuratively) and start growing upwards. I recently visited the site of One City to get an idea of the progress of the project as well as how would it look, once complete. In this article, I would like to summarize what I had found.
INCOR One City: Construction Updates
It’s been less than a year since the launch of One City in April 2016, but the buzz around the project is unmistakable. INCOR, as can be evinced from their project PBEL City near TSPA (APPA) Junction, has built a strong reputation for project quality and this remains the key focus of One City. For this project, the builder has tied up with some of the top names in the business. Following a tendering process, Tata Projects has been entrusted with project construction around May 2016. One City boasts of architecture by Edifice, design by Semac Consultants, while for landscaping, FHD Group has assisted.
In this relatively short period of time, the construction has begun well and at the time of my visit, was in full swing. The residential area is planned to comprise of 5 towers, of which towers A and B are currently under construction. For both towers, the foundation is in place and the first two levels of the basement, the podium level and three levels of apartments have been constructed. While events such as the heavy monsoon rains in late September 2016 in Hyderabad and the demonetization of high value currency notes may have acted as dampeners, however, these have been successfully overcome and the project is well on the way to meet its first phase target of December 2018. In fact, encouraged by the response to the first two towers, INCOR has just announced the pre-launch of Tower C of the project.
INCOR One City: Apartment Towers Overview
During my visit, I interacted with the onsite team to get an idea of the layout of the towers coming up. Each of the two towers under construction (A and B) as well as C (which is being pre-launched) will comprise of both 2 and 3 BHK homes, built as per the needs of the techies and professionals, who are the main target customer segment of this project.
Towers A and C will comprise 10 apartments per level, while tower B will have 9 apartments per level. In all of these towers, the four corner apartments will each be of 3 BHK configuration. The difference between towers A and C on one hand and tower B on the other lies in the middle apartments: tower B will have 5 (2 units of 3 BHK and 3 units of 2 BHK), while towers A and C will have 6 (comprising 1 additional 2 BHK apartment). In fact, towers A and C can be considered mirror images of each other.
Another point of difference is the unit size of the 3 BHK apartments, with the ones in tower B being larger (saleable area ranging from 1782 – 1931 sq. ft.) due to an additional terrace deck, as compared to those in towers A and C (saleable area of 1592 – 1740 sq. ft.). The 2 BHK units across all towers have roughly similar sizes (1208 – 1442 sq. ft.). Regardless of apartment size and configuration, residents will get numerous facilities in their homes, such as top quality branded fittings, 100% power backup, Wi-Fi and DTH connections by reputed service providers, allowing for a comfortable lifestyle.
INCOR One City: Infrastructural Developments
When choosing a place to live in, a home buyer does not only take into account the project itself, but also would evaluate its surroundings and the available social infrastructure, before coming to a decision. Hence, a mention must be made of the area around the site around One City as well.
The project has good public transport connectivity, being within 1 km from the Hitec City railway station on Hyderabad’s suburban MMTS network. A major game-changer will be the Hyderabad Metro project, which is inching closer to completion and is expected to commence operations soon. One City is located near two lines/corridors of the Hyderabad Metro. With JNTU and Shilparamam stations within 3-4 kms, it promises to sharply reduce travel time to other parts of the city. The improved connectivity is likely to see the property prices of One City appreciate significantly in the near future, offering a good opportunity for a discerning investor or end user.
With major malls such as Forum Sujana Mall and Manjeera Mall located close by as well as supermarkets such as D-Mart, Hyper City, Spar, Metro and More, options are aplenty for prospective One City residents. Also, top quality schools such as Meridian School, Daffodils Public School, Bubbles Play School, Bachpan Play as well as higher educational institutions such as JNTU, NIFT are all located near One City, offering a wealth of opportunities for the residents’ children.
INCOR One City is considered to be among the flagship projects of INCOR and by all indications, has begun strongly. With the design and construction being carried out by well-regarded names in the sector, the developer’s delivery track record and the ever improving social infrastructure in and around the project are very encouraging signs for a prospective home buyer, who is looking for on-time, quality delivery of their dream home.
Read more about the project on the developer’s website.