Luxury villas are coming up in large numbers in the suburbs of Hyderabad. More than 25 such ventures are underway in various locations, from Shankarpalli to Shamshabad and from Medchal to Manikonda.The most-favoured spots for villas are Nizampet, Bachupalli, Kompally, Shamshabad, Medchal, Uppal, Nagole, Maheshwaram, Dundigal, Shameerpet, Yapral, Ghatkesar, Srisailam Highway, Gachibowli, Tellapur, Kothur and Shadnagar.There is huge demand for villas, which are being built near major IT hubs and the Shamshabad airport.Luxury villas at the 531-acre ‘Boulder Hills Golf’ and ‘Country Club’ complexes built by Emaar MFG Land Ltd are being sold at prices ranging from Rs 8 crore to Rs 20 crore. These are the costliest villas to be built in the city. There are about 100 villas in the Rs 5,610-crore project, all of which have been booked by prospective buyers. Emaar MFG, a joint venture between Dubai-based Emaar group and Delhi-based MGF Ltd, claims that the USP of the complex is the 192-acre 18-hole golf course built according to international standards. Other developers are building villas at Hyderabad, which are priced between Rs 2 crore and Rs 5 crore. Most of them are coming up in plots ranging from 180 sq. yards to 320 sq. yards. The built-up area extends from 1,100 sq. feet to 4,500 sq. feet.
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