Aparna Constructions invests Rs 800 cr, launches 4 new residential projects

Hyderabad, December 2, 2022: Aparna Constructions and Estates Private Limited, one of the largest and backward integrated real estate player in South India, on Friday announced the launch of four new residential projects in Hyderabad with an investment of Rs 800 Crores. A press release issued by the company says that, located at Osman Nagar, Aparna CyberStar, Aparna CyberShine, Aparna CyberOn and Aparna CyberHeights are spread across 15+ Acres. With this announcement, Aparna Constructions has successfully launched 7 residential projects in this fiscal. 

Speaking about the new projects, SS Reddy, Managing Director, Aparna Constructions and Estates, said, “The residential real estate industry had an exponential growth rate in 2021 and the momentum is continuing even post COVID, especially in Hyderabad. Despite increases in loan interest rates, there is still a high demand for housing, cutting across age groups. The youngsters of today have realized and considered owning a property a priority. Customers are looking for mid-luxury to premium properties. Self-sufficient, connected communities that allow quick and easy access to place of work have sparked significant interest from buyers. At Aparna Constructions, we have registered healthy sales this year and with the four new projects we are looking at addressing the growing demand for residential properties in the burgeoning IT Hub in Hyderabad.”