Sri Fortune One
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10 insights shared by the community.
What residents appreciate the most
The project is strategically located in Kokapet, specifically near the Neopolis SEZ and My Home Grava Business Park, which is considered a rapidly developing and premium area in Hyderabad. This location offers good connectivity and is seen as a valuable investment spot.
This is close to Neopolis, though, so the location is still good.
Introducing Fortune Grande @ Neopolis, Kokapet — brought to you by Sri Sreenivas, redefining ultra-luxury in Hyderabad’s most coveted locale.
one of the most well-planned ultra-luxury residential projects in Neopolis, Kokapet.
RERA approval received for Sri Sreenivasa Fortune Suraj Bhan Grande, Kokapet. It's very near to Neopolis and My Home Grava Business Park.
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Positioned as an ultra-luxury residential project, it boasts a grand clubhouse (100,000 sq.ft) and thoughtfully designed stilt-level amenities. The apartments are described as lavish 4 BHK units, more expansive than typical villas, offering sweeping views of Gandipet Lake and the IT/Financial District. There's also a provision for EV charging in parking spaces and VRV air conditioning systems.
The sales agent informed me that one of the allotted parking spaces is expected to come with an EV charging setup as per the plan
one of the most well-planned ultra-luxury residential projects
a grand clubhouse, thoughtfully designed stilt-level amenities, and over 7 acres of open landscaped spaces, it sets a new benchmark for luxury living.
1,340 lavish 4 BHK apartments designed to be more expansive than villas. Be mesmerized by sweeping views of Gandipet Lake and the IT/ Financial District
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The project is spread across a significant 12-acre land parcel, featuring 1200-1350 units across 6 towers of up to 46 floors. A notable aspect is the generous open space, with over 75% dedicated to landscaped areas, providing a green and less congested living environment.
Spread across 12 acres, this premium community offers 1350 exclusive 3 & 4 BHK residences ... and over 7 acres of open landscaped spaces
Density and Open space - 1300 apartments in 12 acres and a huge central landscaping area with lot of green spaces.
Spread across 12 acres with over 75% open space
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The area is expected to see significant infrastructure development, including a sanctioned 100-120 ft road in front of the project and a metro extension nearby. This anticipated growth, coupled with views of Osman Sagar lake and the IT/Financial District, suggests good potential for property value appreciation.
With the development around and if 100ft road coming, I believe 15k per sft price by possession shouldn't be too hard.
120ft road was sanctioned, and you may see the development eventually. ... The metro is also sanctioned till myhome grave business park.
I've selected this considering the views of osman sagar lake and greenery. Land opp to these towers belong to CBIT, so less likely there would be a high rise (but you never know).
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The project has received RERA approval, indicating compliance with regulatory standards and offering a degree of assurance to buyers regarding project legitimacy and adherence to timelines (though some comments express skepticism about RERA timelines).
RERA approval received for Sri Sreenivasa Fortune Suraj Bhan Grande, Kokapet.
Rera approval received
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Where residents want improvements
The developer, Sri Sreenivasa Infra, has a history of delaying existing projects and there are concerns about their experience with constructing very high-rise buildings (45-46 floors). There's a consistent pattern of shifting RERA approval and unit allocation dates, leading to skepticism about timely delivery.
SSI has no experience building very high rise... Their RERA got delayed significantly as well. ... timeline will be a concern with them. No record of on-time delivery, but they will deliver.
The developer has been delaying existing projects. There are unfinished works even in Fortune Sonthalia and Som Boulevard, although they were supposed to have been fully handed over by now.
Okay, now they’re finding ways to charge wherever possible because they can’t start the project anytime soon? This is what happens when a project doesn’t start at the right time.
Even the slabs aren’t completed for The Marquise and even Som Boulevard isn’t ready yet although it is in finishing stages.
I have heard completion timelines from 2029-2031 from various people at SSI. SSI projects having a history of not being completed on time.
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There are significant concerns regarding the developer's transparency, including reports of not honoring initial Expression of Interest (EOI) prices, lack of proper receipts for payments, and unclear unit allotment processes. The acceptance of cash payments is seen as a potential red flag, possibly indicating insufficient funds or questionable financial practices. Additionally, new charges for amenities and VRV provisioning were added after initial EOI.
There is no transparency. They are changing based on the price. They are allocating good flats to high base price paid customers first.
SSI not honoring the EOI prices
Okay, now they’re finding ways to charge wherever possible because they can’t start the project anytime soon? This is what happens when a project doesn’t start at the right time.
no receipts to people who have made payments , no proper transparency of AOS execution and unit allotment letters... SSI taking a lot of cash isn’t always a good sign.
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The project is located near a small village/slum (referred to as 'thanda') and a wastewater stream (nala), which raises concerns about safety, cleanliness, and the overall premium feel of the property. There are also worries that the project site is in a low-lying area, potentially susceptible to water stagnation from Neopolis.
there is a nala beside the project and a thanda just infront of entry gate (not getting a premium feel)
Thanda: Last I spoke to builder, no update, no plan. ... Drainage: Road may be built on top of it.
There is a small village/slum opposite the community, so not sure if it will impact safety etc. ... It’s on Kokapet neopolis road - proposed 100 feet road but has lot of nala issues
This project is opposite to thanda. ... it is in low lying areas as the Neopolis water might come and sit there.
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The developer has faced scrutiny, including reports of IT raids and alleged involvement in a liquor scam. These issues raise serious concerns about the developer's integrity and financial stability, potentially impacting the project's future and buyer confidence.
now the IT raids. Are these signs to stay away from the project?
Looks like SSI is involved in liquor scam
This is very concerning for everyone who paid 20 lacs/15 lacs on EOI
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With numerous high-rise projects emerging in the Neopolis/Kokapet area, there is a concern about market saturation. This high supply, especially of investor units, could potentially impact the long-term property appreciation and ease of resale, particularly if IT job growth slows down.
Neopolis area should come up with an abundance of Investor units in the market in the next 2-3years. Supply > Demand immensely especially if the IT jobs continue to be impacted in the next few years.
So many high rises coming up in this area, not sure if it will impact some day when I want to resell.
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