Some of the tallest residential buildings in the country are coming up in Hyderabad. The Aliens Group is constructing 13 30-storied residential towers at Tellapur near Gachibowli while Bharat Infratech has taken up the Iconia project, which will have 18 20-storied residential high rises offering duplex flats. Many such high-rises will dot the skyline of Hyderabad in the next three years because of the relaxation given by the high-rise committee of Hyderabad Metropolitan Development Authority, which has carved a separate skyscraper zone around city. Flats in these huge residential towers will offer ultra-modern facilities with swanky interiors and will be priced between Rs 75 lakh and Rs 2.5 crore. There will be around 2,200 flats in the Aliens Space Station, which will be spread over 20 acres and Iconia will have 1,500 flats in 21 acres. The projects are being built in phases and will be completed in the next three years. Realty experts say that the city will witness unprecedented vertical growth in the coming years.

“Where’s the space for independent houses in the city?” asked Mr Alluri Sitarama Raju, chairman of Bharat Infratech. “People are moving to the outskirts and apartment complexes work out cheaper than villas. High-rises are a good option.” High-rise apartment buildings are a common feature in all developed countries. “Even smaller countries such as Hong Kong, Singapore and Malaysia have huge high-rise apartments,” said Mr Raju. Mr Challa Hari, managing director of Aliens Group, said that people also insisted on living in serene environments these days. “People are tired of pollution of all kinds — air, sound and water and they are even moving away from the commercial hub for calmer environs,” said Mr Challa Hari, managing director of the Aliens Group. To feed this need, realty firms leave lot of space for greenery in luxury communities.

“Of the total 20 acres, the building will come up only in the 20 per cent and there will be lot of greenery in the remaining space,” said Mr Challa Hari. Developers have also hired world renowned consultants to take up the real estate projects. The Iconia project is conceptualised by Atkins of UK, which created the world-famous hotel Burj Al Arab in Dubai. Further, the living spaces are designed by DWP of Thailand and accessories are provided by Kohler of the United States. Landscaping is done by SCI of Singapore and the apartments are serviced by Jones Lang Le Salle Meghraj, expert in facilities management. Similarly, the Space station project has hired UK-based SMC Alsop as architect and design consultant. Experts have also been hired for smooth flow of traffic inside the premises.

For latest developments in Hyderabad visit http://www.maaproperties.com/Pages/HyderabadRealestate.aspx 

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