Aparna Constructions to launch 8 new residential properties in 2021
Unveils its 58th residential project- ‘Aparna Sarovar Zicon’
Hyderabad: Aparna Constructions & Estates, one of the leading real estate developers in the country, announced that they will be launching eight new residential projects this year including the brand’s 58th residential project, Aparna Sarovar Zicon - a luxury gated community located at the rapidly growing IT hub of Nallagandla, Hyderabad. Apart from Aparna Sarovar Zicon, the company is planning to launch three residential projects in Hyderabad and two in Bengaluru in 2021. The company will also launch two plotted layouts in Hyderabad. With these new ventures, the total portfolio of Aparna Constructions in the residential segment will be 64 projects.
The newly launched Aparna Sarovar Zicon is built on 25.6 acres and comprises of 3024 Vastu-compliant apartments spread over fourteen 26-storey towers. The project comprises of 2 BHK, 3 BHK and 4 BHK luxury apartments ranging from 1240 sq. ft. to 2765 sq. ft. The luxury gated community will also include a massive 85000 sq. ft. club house - the largest that Aparna Constructions has developed till date. The project will be tentatively ready by September 2024.
Speaking about the company’s expansion plans, Mr. Rakesh Reddy, Director, Aparna Constructions and Estates Private Limited, said, “Aparna Constructions has continued to maintain a strong growth trajectory, despite the challenges that the lockdown and pandemic brought for the real estate sector. Our new launches are a testament to this growth vision. Apart from the eight residential projects, we are also planning multiple commercial launches in the south market this year. To complement the growth vision, we will be ramping our hiring efforts; our current plan is to on-board 400 people across new and existing projects.”
“We are seeing a positive uptick in consumer sentiment for residential properties. There has been an influx of new home buyers over the last few months. This has enabled the real estate industry to bounce back with rigor. In fact, at Aparna Constructions, we were able to achieve 100% revival in consumer demand within the first two months of Unlock. We are optimistic that this demand will continue to grow further this year”, added Mr. Reddy.