Introduction
India’s luxury residential real estate market is expected to grow to USD 101.92 billion by 2029. Hence, as people’s aspirations for living are increasing, developers are leaving no stone unturned to fulfill them. Hyderabad’s renowned developer, Hallmark Builders, has launched a luxury villa project called Floresta in Patghanpur, Hyderabad. Read this article completely to learn more.
Table of Contents
- Hallmark Floresta: About the Project
- Hallmark Floresta Project Amenities
- Property Options and Prices
- Locality Overview
Hyderabad has become a real estate investment haven for investors due to the IT boom and infrastructure growth. In fact, from January to September 2023, Hyderabad will be one of the top three markets for luxury home sales.
Due to this upward trend, Hallmark Builders has launched a new villa project called Floresta in Patiganpur, Hyderabad. Patiganpur, a thriving suburb in western Hyderabad, has seen significant real estate development over the years. Proximity to business zones like Miyapur and excellent connectivity through Outer Ring Road make its property market more attractive to aspiring home buyers.
Hallmark Floresta: About the Project
Spread across 13.46 acres, Hallmark Floresta is a new villa project by Hallmark Builders in Patiganpur, Hyderabad. It has completed more than 10 projects in its portfolio. Five more are under construction. Hallmark Builders has been successfully building dream homes for over 15 years and making customers’ dreams come true.
| Total units | 166 |
| Floors | G+2 |
| Configurations | 3 and 4 BHK villas |
| Current status | Under construction |
| Completion | 26-Oct |
Hallmark Floresta is a single-phase development registered under Telangana RERA (TS RERA) with Registration number P01100007551. Now, this project is different from other projects in Hyderabad.
Hallmark Floresta Project Amenities
Located near the Outer Ring Road, Hallmark Floresta has many modern amenities. It is different from other residential projects. Here are some of the unique features of this new villa project in Patiganpur, Hyderabad.
- A multi-level clubhouse of 22820 sq. ft.
- Water softening plant
- Wastewater treatment plant
- State-of-the-art sports and gaming facilities
Property Options and Prices
Hallmark Floresta has till now offered over 160 villas in 3 BHK and 4 BHK configurations built up to G+2 floors. The Hallmark Floresta starts at Rs. 3 crores, its configuration and price details are tabulated below.
| Configuration | Built-up area | Starting price |
| 3 BHK | 2700 sq ft | Rs 3.24 crore |
| 2705 sq ft | Rs 3.25 crore | |
| 3200 sq ft | Rs 3.84 crore | |
| 3775 sq ft | Rs 4.53 crore | |
| 4 BHK | 4090 sq ft | Rs 4.91 crore |
| 4605 sq ft | Rs 5.53 crore | |
| 4120 sq ft | Rs 4.94 crore |
Locality Overview
Hallmark Floresta is a thriving housing hub in Patiganpur, known for its pristine surroundings. Houses and villas dominate the micro market in Patiganpur. Then there are the land parcels. Connectivity is one of the key factors that make this region a preferred destination among home buyers.
Sound Connectivity
Patiganpur’s strategic location provides easy access to suburbs as well as other parts of West and North Hyderabad. This area is near the Outer Ring Road. Additionally, several employment zones are nearby.
- Miyapur station on the Hyderabad Metro Red Line, which connects to LB Nagar, is 18 km away.
- 10–18 km from the BHEL and Miyapur project sites, two prominent employment zones in Hyderabad.
- The Nagalapally railway station is about eight kilometers from here.
- Hallmark Florast is approximately 40 km from Rajiv Gandhi International Airport via Nehru Outer Ring Road, far from you.
Upcoming Developments and Investment Potential
A recent industry report revealed that Mumbai, Pune, and Hyderabad will be the key markets for real estate growth in 2024. Being a growing suburb of Hyderabad, Patiganpur has many infrastructural improvements. These developments are expected to contribute to an increase in overall demand and property prices in the region.
Price Trends
Price trends allow buyers or investors to predict the real estate market scenario in a particular area. The average land price in Patiganpur is Rs. 3,900. Land prices in Patiganpur have increased by more than 25 percent in a single year.
| Average price | Last 1 year | Last 3 years | Last 5 years |
| Rs 3,900 per sq ft | 25.80% | 47.20% | 105.30% |
Conclusion
By following Openplot, you can get updates on the latest developments in the real estate industry. With reliable and accurate information, it is a destination for anyone who wants to know about the real estate sector.
Also Read: Villas in Thrissur: Why Are More People Buying Villas There?