Vasavi Ananda Nilayam
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20 insights shared by the community.
What residents appreciate the most
The project boasts a prime location directly opposite the LB Nagar Metro Station, offering residents unparalleled access to public transport. It also provides seamless connectivity to major arterial roads like the ORR, Vijayawada Highway, and Sagar Ring Road, facilitating easy commutes to the airport, hospitals, schools, and IT corridors.
Vasavi Ananda Nilayam at LB Nagar is right beside the LB Nagar Metro Station, with seamless access to ORR, Vijayawada Highway, Sagar Ring Road, and the Airport.
South India’s largest gated community with 2, 3, 4BHK & 5BHK Sky villa apartments in front of LB Nagar metro station, Hyderabad.
Such big communities are not there in LB Nagar and people will see appreciation and demand only once it is completed. Only a few big gated societies are easily approachable through Metro and this is one such upcoming project.
Skywalks from LB Nagar Metro Stations under construction
With Vasavi ananda Nilayam they have their own construction and their own land plus the metro station which is right in front of the property so I don't think they'll make any compromise with this project.
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The project is designed to offer a premium and vibrant lifestyle with over 100 world-class amenities, including a substantial 131,385 sq ft clubhouse and a generous 72% open space. It aims to provide smart homes, serene living spaces, and a strong community feel, complemented by organized events.
First-ever Flea Market In LB Nagar, Hyderabad - F3 By Fleagram Season 2 Is Back
Enjoy top-tier amenities, a 131,385 S.FT Clubhouse, and 72% open space.
With over 100 world-class amenities, you can elevate your lifestyle to new heights. Whether it's relaxation, fitness, or entertainment, we have everything you need to live your best life at Vasavi Ananda Nilayam.
Vasavi Ananda nilayam would be game changer for sure. It would compensate for missing recreational spaces.
Smarter homes for modern living at Vasavi Ananda Nilayam Designed for comfort, control, and convenience.
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Positioned as South India's largest gated community, the project spans approximately 29-30 acres and is planned to feature 11 to 18 towers, each rising 33 to 34 floors. It offers a wide range of residential units, including 2, 3, 4, and 5 BHK apartments, as well as luxurious Sky Villas, catering to diverse housing needs.
18 towers/4472+ units 🔸 34 floors/111 metres The project has received RERA and excavation work is underway.
Such big communities are not there in LB Nagar and people will see appreciation and demand only once it is completed.
a 29.37-acre gated community with 2,3,4,5 BHK & Skyvillas. Enjoy top-tier amenities, a 131,385 S.FT Clubhouse, and 72% open space.
South India’s largest gated community with 2, 3, 4BHK & 5BHK Sky villa apartments in front of LB Nagar metro station, Hyderabad.
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Despite broader concerns about the builder's other projects, some observers and buyers of Vasavi Ananda Nilayam note decent and steady construction progress. There's a perception that the builder is prioritizing this project, possibly due to its scale and strategic location, with some blocks already reaching significant heights.
With Vasavi ananda Nilayam they have their own construction and their own land plus the metro station which is right in front of the property so I don't think they'll make any compromise with this project.
Vasavi Ananda Nilayam at LB nagar seems to be making decent progress. Few blocks have reached 21 floors (out of 33) . I was bit skeptical about the progress as they launched too many projects.
I have observed the construction progress, and while the pace is somewhat slow due to current market conditions, I have confidence in their work. This is based on my ownership of an apartment in Ananda Nilayam and my residency in a previously completed project by the same developer, located near the current site.
I can understand, but currently the project is going as per plan. They are releasing it phase wise. I am in Phase 1 and the completion of Phase 1 is on Aug 26. I am getting regular updates on these. I am worried too. But at present they are working as per plan and schedule.
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The one-time payment (OTP) option is frequently highlighted as offering excellent value for money, especially when compared to the higher prices of already completed gated communities in the LB Nagar area. There is an expectation that property values will appreciate significantly once the project reaches completion and external infrastructure improvements are visible.
Any completed gated community near Lb nagar are not quoting less than 9k!
If you are going for OTP, that is a very good investment. Such big communities are not there in LB Nagar and people will see appreciation and demand only once it is completed.
5500 OTP is super value for money. Roads over there aren’t narrow by any stretch.
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The project benefits from the expertise of renowned firms, with Morphogenesis credited as the Design Architect and Colliers India as the Project Management Consultant (PMC) partner, suggesting a commitment to quality design and execution.
We are proud to be the PMC partner for Vasavi Group’s Ananda Nilayam project.
Morphogenesis is the Design Architect
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The project has received notable industry accolades, including the 'Most Iconic Project of the Year' award at the Times Business Awards 2023, indicating recognition for its scale and vision within the real estate sector.
The residential project has been named "Most Iconic Project of the year” at the eminent 2023 Times Business Awards, Hyderabad.
Vasavi Group won the honour for the ‘Most Iconic Project of the Year’ for Vasavi Ananda Nilayam.
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To address historical concerns about groundwater quality due to a former factory on the site, the developer has reportedly conducted water quality tests, confirmed safety, and installed a water treatment plant and an RO water plant for residents.
I also had doubts abt ground water. They said they are installing big pipeline for water and there is going to be filtration also.
They have tested the underground water, it's safe and they also installed a treatment plant and ro water plant
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There are plans for significant commercial development, including upcoming mall and commercial towers, to be situated adjacent to the project. This promises enhanced convenience and access to upscale retail spaces for the residents.
Vasavi Ananda Nilayam residents will now have access to upscale retail spaces apart from Dmart & Metro Station
Upcoming Mall + Commercial Towers in LB Nagar... Both these will be on either side of Vasavi Ananda Nilayam
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The project demonstrated robust market interest during its launch phase, with reports indicating the sale of 200 flats within just two days, reflecting strong initial buyer confidence.
2 డేస్.. 200 ఫ్లాట్స్ సోల్డ్ @VasaviGroup
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Where residents want improvements
The builder, Vasavi Group, faces a widespread negative reputation due to alleged financial instability, including delayed payments to material suppliers and other vendors. There are persistent rumors of the company nearing bankruptcy, and allegations of dishonesty, shady practices, and the misuse of funds, leading to a general lack of trust among potential buyers and existing customers.
Congratulations you dug yourself a big grave for entire generation to fit into. A simple google search about this builder is returning atleast 5 shady results with evidences since last 3 years. Yet you wanted to become a daredevil here. RIP.
As I’m material supplier to them , for their rmc and other 3rd party plants , payments are struck for us , so it’s better you be with a plan
Stay a mile away from vasavi. Need to research about builder before investing.
Vasavi financial position is bad. They are already known for delays. ... the owners are pathological liars.
Bankruptcy of the Vasavi group is all but certain. Please try to get your money back as soon as possible. Take legal action immediately so you stand first in the queue that’s going to form soon.
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The most frequently cited negative is the significant and widespread delays across the builder's projects, including Vasavi Ananda Nilayam. Buyers report that completion dates are consistently pushed back, with some anticipating delays of several years (e.g., 2028-2031 instead of earlier promises). Construction progress is often described as slow, and there were reports of the project being stalled for extended periods.
Vasavi builders!! I booked a flat in Vasavi Ananda Nilayam, is it impacted with current on going issues?
I heard the ananda nilayam project has completely stalled. So pls check overall progress and make decision. But i think they will pull up themselves by hook or crook My suggestion is buy if you are ok with handover in 2030-31 and you have no other options
Vasavi Ananda Nilayam near LB Nagar — an 11-tower project with 4,000+ units — has been stalled for over 6 months.
construction was promised to be completed by 2025, but based on the current progress its going to be completed by 2026 only.
Vasavi is at too much stake not able to meet deadlines. My friend brought a flat in Bachupally and they keep pushing the deadlines and similar case with different projects from Vasavi
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The project site, formerly a SIRIS factory, has a history of legal issues involving previous owners. More recently, a Public Interest Litigation (PIL) has been filed challenging the transfer of 37 acres of land to the builder at LB Nagar, and there are questions regarding the project's environmental clearance. The builder has also faced accusations and legal action for drain encroachment in other projects, raising concerns about regulatory compliance.
PIL filed seeking to resume 37 acres land from Vasavi Realtors at LB Nagar
The entire project is built on top of the previous Siris Factory site, look up the Siris Factory LB Nagar there are many stories around it. The previous owners were arrested in 2017 in some real estate registration scam case as well.
how come KTR converted SIRIS pharma lands at LB Nagar and handed over to Vasavi Ananda Nilayam project ?
Vasavi Constructions booked for drain encroachment in Hyderabad
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Buyers who have invested in the project, even partially, face significant challenges when attempting to back out or seek refunds. Reports suggest that the management makes it extremely difficult to recover payments, often leading to prolonged and frustrating processes.
Made half of the payment, not sure if there is an option to back out now. Please suggest.
Once they charge, assume that it is gone or at best you will receive lesser amount than what you have paid that too after months of visit to their head office.
Is there a way to back out/cancel after making half payments? I saw a audio clip of a guy where management made him nuts to give his money back.
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Concerns exist that the builder's financial difficulties and reliance on excessive outsourcing for construction, beyond industry standards, could lead to compromises in construction quality. There's a perception that outsourced contractors might perform bare minimum work, potentially affecting the long-term durability and finish of the units.
It is going on but some corners might be cut because let's be honest if I am the one doing the outsourced work i will do the bare minimum as the post construction quality doesn't really effect me
Brother lb vasavi has bigger issues, apparently they are outsourcing the construction
But the talk is that they are outsourcing more than industry standard because too many of their projects are behind expected deadlines and their internal staff rn is not sufficient to meet the deadlines, hence the excess outsourcing
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Some buyers have admitted to making partial payments in cash, which are considered illegal (black money) transactions. This involvement makes them vulnerable, as they are less likely to publicly voice grievances or pursue legal action due to fear of repercussions or embarrassment.
i made full payment in cash deal
Many customers aren’t speaking in public because: 1. They partook in an illegal (black money) transaction by paying some portion in cash.
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For those who have invested with the expectation of rental income, the actual rent received is reported to be below market value. There are also concerns about the reliability of these payments, with suggestions that they might cease, further impacting the financial viability for investors.
I wouldn't say I am getting an extremely low rent, yes it's below market value for readymade homes but if you factor the money I saved by getting it for a relatively low price, the amount i saved there kinda evens out the lost rent ofcourse I am not denying that I am losing money with every delay but it's not worth beating your head over it, and I am definitely never investing in this shitty group again
I hope that’s sarcasm. You know the rent is too low and is likely to stop soon, right?
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With a substantial number of units (3576-4472+) planned across 29-30 acres, the project is considered highly dense. This raises concerns about potential overcrowding within the community and significant traffic congestion on the surrounding narrow roads, particularly near local landmarks like Dmart.
The project has 3576 flats in 29 acres. Will it be too crowded with the narrow roads near Dmart, LB Nagar?
OTP price seems reasonable. You can go for it, and yes, it's going to be a heavy traffic area. 3576 flats little scary (highly densed project).
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While some consider the one-time payment (OTP) price to be competitive, others argue that both the regular and OTP prices are excessively high for the LB Nagar area, especially when considering the builder's controversial reputation and history of project delays.
7500 for regular plan and 5500 for OTP seems to be very high for that area and that too for this builder
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The prolonged delays in project completion raise concerns about the actual profitability of the investment. If delivery takes many years, the returns might not keep pace with other investment avenues like bank fixed deposits or equity markets, potentially leading to a loss in real terms.
If it takes 8 years for delivery and during delivery the price is 9k are you in profit by any means? As even bank fd would double and market would have given a lot more
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