Prestige Spencer Heights Hyderabad offers luxurious apartments priced between Rs. 2.90 Crores and Rs. 4.50 Crores. An additional price is there for floor rise. The apartment areas range from 1580 square feet, and this is a budget-friendly property in Hyderabad that offers excellent value for money.
Configuration Type
Super Built Up Area Approx*
Price
3 BHK
On Request
Get Price
4 BHK
On Request
Get Price
The size and the price list of Prestige Spencer Heights Hyderabad are as follows,
Unit Type
Size
Price
3 BHK
1580 sq ft
Rs. 2.90 Crores Onwards
4 BHK
1980 sq ft
Rs. 4.50 Crores Onwards
Prestige Spencer Heights Hyderabad offers diverse residential options to suit several tastes and budgets. The size and configuration influence the pricing of the houses to meet the needs of all buyers. This flexibility makes the project accessible to many buyers, accommodating every preference.
Budvel is an ideal location for buying a high-quality home due to its affordability and excellent connectivity. This perfectly positioned area is one of the sought-after places in the city for real estate investment. Competitive real estate costs make Budvel attractive for all buyers who are looking to relocate and invest.
Prestige Spencer Heights Hyderabad, a development in Budvel, offers some of the best apartments thoughtfully constructed to meet the modern needs of its residents. It is an exceptional choice if you are seeking spacious 3 and 4-BHK apartments in Hyderabad's Budvel neighborhood. The property boasts exclusive architecture and contemporary amenities that redefine the concept of urban living.
The project offers affordable units to meet the needs of all buyers. Prestige Group apartments in Hyderabad's price list are reasonable compared to other projects in the area. The Payment Plans, Cost Sheet, and the Price List are attached here for easy reference. The prelaunch price offer of Prestige Spencer Heights Hyderabad for different configurations promises a great discount.
The prelaunch offer time will be limited, and after the RERA is got, the project will be launched, and after that, the price will increase. By looking at the price list of the project, buyers can select the flats they wish to buy based on their budget. As Prestige Group is always dedicated to meeting the deadlines given to buyers, this project is available for possession on the given dates.
Budvel, a neighborhood in West Hyderabad, is fast developing. Prices are rising at a rapid rate in the area because of its excellent access to all the major cities. There are many schools, colleges, IT hubs, and shopping malls in the area, which makes it ideal for families. There are many different housing options in the area, ranging from reasonable properties to expensive properties. Prices are increasing quickly with the emerging IT hubs near the area.
The real estate prices range from Rs. 8650 per sq ft in Budvel. A 1 BHK apartment in Budvel starts from Rs. 35 Lakhs, and it ranges up to Rs.60 Lakhs for a luxury 1 BHK apartment. The rental properties in Budvel start from Rs. 15,000/- for a 1 BHK apartment. As the area is growing now, prices are increasing at a rapid rate.
Hyderabad is a sought-after location for real estate, and costs are increasing significantly over time. With a lot of new IT hubs, it is the most sought-after city for people of all ages. Property demand has increased in the city, and so the real estate prices have increased intensely. Many apartment projects are newly launched now to meet the real estate demands of the city.
Buyers can pick from an extensive range of housing alternatives in this city, including lavish homes and affordable apartments. Due to increased demand, real estate prices in Hyderabad are rising daily. The size and neighborhood in which the houses are built determine their pricing.
Some of the best areas to invest in apartments in Hyderabad are
Hitech City
Rajendra Nagar
Tellpur
Budvel
Gachibowli
Narsingi
Shadngar
Adibatla
Kokapet
Shamshabad.
The price of 1 BHK flat starts from Rs.45 lakhs in Hyderabad, and it ranges upto Rs.65 Lakhs for a luxury 1 BHK flat. The rental price of 1 BHK apartment in Hyderabad starts from Rs.15,000.
The payment plan gives buyers a clear explanation of all the costs involved in the apartment. It comprises the price of the apartment based on type, floor plan, GST, and the installments that need to be paid. Buyers can easily make payments with the risk-free installment plan that the Prestige Group offers.
The project has several payment options, such as personalized payment plans, down payments, plans tied to construction, and paying a portion and nothing until possession. The builder can go with these plans with the bank before buying any units.10% of the whole price is due at the time of booking by buyers. There are installments of the remaining amount, and buyers are free to select any payment plan that will suit their budget.
The project will follow an approved payment plan, which is as follows
Buyers can pay 10% of the whole amount when booking any apartment in this project
As the construction begins, 10% of the whole amount must be paid.
During the Excavation process, 10% of the whole amount must be paid
During the Plinth process, 10% of the whole amount must be paid
While building the Basement of this project, 10% of the total amount should be paid
While constructing the Ground Floor of this project, 10% of the whole amount can be paid
While building the first floor of this project, 10% of the whole amount can be paid
During the Flooring process, 10% of the total amount has to be paid
During the Plumbing work of this project, 10% of the total amount must be paid
During the possession of the units, 10% of the total amount must be paid.
Hyderabad's housing demand is driving the real estate prices as more people relocate here in search of jobs. The recent increase in prices in the real estate market is a great moment for prospective buyers to enter the market. Due to the increasing demand, investing in the residential real estate market is an ideal option for buyers and sellers.
The price of properties ranges from Rs. 6000 per sq ft in affordable areas of Hyderabad like Manikonda, Chandanagar, etc. The price ranges up to Rs. 14,000 per sq ft in posh areas like Banjara Hills, Jubilee Hills etc.
Investing in Hyderabad is a great option, as everyone can get a good rental income and a better resale value. The value of properties varies with the location in Hyderabad, and the price range is as follows,
Location
Price
Kondapur
Rs. 7,800/sq. ft.
Hitech City
Rs. 11,500/sq. ft.
Madhapur
Rs.12,500/sq. ft.
Manikonda
Rs. 6000/sq. ft.
Banjara Hills
Rs. 14000/sq. ft.
Chandanagar
Rs. 6,500/sq. ft.
Begumpet
Rs. 8200/sq. ft.
Gachibowli
Rs. 10000/sq. ft.
Financial District
Rs. 11,500/sq. ft
The real estate prices will grow more in 2024 in Hyderabad as many IT hubs are looking forward to increasing their presence in the city. Investing in any property in Hyderabad is the best option as it will give better resale value and a good rental income.
Budvel's real estate market has grown considerably because of its good connectivity. There has been a noteworthy increase in real estate construction in recent years. Due to its proximity to IT hubs and the developing social infrastructure, the area's real estate prices have soared.
Currently, there is a demand for residences in the area as many people move here, and it boosts the local real estate market. Excellent access to all major areas is available in this location, mostly via NH 7 and NH 44. Property prices will increase here in the future due to the developing infrastructure.
In Budvel, the average price of a property starts at Rs. 8650 per square foot. A 2 BHK apartment in Budvel starts from Rs. 45 Lakhs, and it ranges up to Rs.90 Lakhs for a luxury 2 BHK apartment. A 2 BHK apartment in Budvel may be rented for Rs. 18,000. The area is perfect for long-term investment as it will see a quick real estate boom in the future.
A cost sheet is an easy-to-use tool that buyers may use to understand the prices of all the houses customized to their tastes. The cost sheet for Prestige Spencer Heights Hyderabad is a helpful tool for understanding the prices of different flats in the project according to the buyer's requirements. It contains all the needed facts, enabling users to make needed decisions. There are two sections of the cost sheet - the apartment breakdown cost and the payment plan.
Prestige Spencer Heights Hyderabad's cost sheet consists of the following elements:
Build-up Area cost
Base price
Sale value
Stamp duty and registration charges
Taxes
Additional charges
Total Price
Carpet Area cost
Agreement value cost
Applicable GST for the apartment.
Faqs
1. What is the usual pattern of Prestige Group in setting the price for their apartments?
Prestige Group is known for setting reasonable prices for all its properties. It strictly adheres to the market price and presents the greatest deal to its investors that matches with the market.
2. What are the different payment plans that are possessed by builders for this project?
The builder offers numerous payment plans, which include a down payment plan, a construction-linked plan, and A pay-some amount and pays nothing till possession.
3. Which banks are providing loans to buy flats in Prestige Spencer Heights Hyderabad?
All Major Banks, including SBI Bank, HDFC, IDBI Bank, and Axis Bank, ICICI Bank, Kotak Mahindra Bank, are giving loans to buy flats in this project after confirming buyer details.
4. What is the starting price of apartments in Prestige Spencer Heights Hyderabad?
The starting price of flats in the project is Rs. 2.90 Crores.
5. Is it safe to invest in properties in the pre-launch stage of Prestige Spencer Heights Hyderabad?
There are many benefits to investing in a home at the pre-launch stage. The pre-launch price for Prestige Spencer Heights Hyderabad is highly attractive. Choosing a home at this stage is safe with reputed builders like Prestige Group as they will get all the legal approvals for sure.