Anvita Group, a real estate developer based in Hyderabad, has announced an ambitious new project: a Rs 2,000 crore mega residential complex named “Ivana” situated in Kollur. Spread over nearly 13 acres, the project will be undertaken in two phases to cater to varying needs and budgets.
The first phase will see the construction of two 15-floor towers offering 450 units. Targeting a swift completion by December 2024, this initial phase is designed to meet the demands of those seeking to move in sooner. The second phase will be on a larger scale, with four towers reaching 36 floors each. This phase is expected to be completed in 2027 and will offer a total of 1,400 units.
Keeping affordability in mind, Anvita Group has announced a starting price of Rs 6,500 per square foot for the initial offerings. This strategic pricing aims to make the project accessible to a wider range of homebuyers in the Hyderabad market.
Overall, Anvita Group’s “Ivana” project signifies a significant investment in the Hyderabad real estate market, with a focus on providing a variety of residential options at attractive prices. The project’s two-phase rollout caters to both those seeking a quicker turnaround and those who can wait a little longer for a potentially larger apartment.
