Aparna Constructions to invest Rs 2,550 crore in Puppalaguda project

The project will be built on 37 acres and will comprise of 3,664 apartments spread across 33 floors and 14 blocks. It will comprise of 1 BHK, 2 BHK and 3 BHK apartments ranging from 1,020 sq. ft to 2,257 sq. ft.

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Aparna Constructions and Estates will infuse Rs 2,550 crore in their residential project – Aparna Zenon at Puppalaguda, Telangana, the company said in a media release.

The project will be built on 37 acres and will comprise of 3,664 apartments spread across 33 floors and 14 blocks. It will comprise of 1 BHK, 2 BHK and 3 BHK apartments ranging from 1,020 sq. ft to 2,257 sq. ft. The project will be tentatively ready by 2027.

SS Reddy, managing director of the company said, “In the coming year, with the new launches both in the residential and commercial segments, we are confident we will be able to scale our growth to 30%. We are also looking to strengthen our workforce by hiring 1,500 people across locations.”

The gated community will include a sports complex, a commercial block and a club house facility of 86,423 sq ft. The project will also have a centralized gas bank that will supply cooking gas to all individual apartments, fit with pre-paid gas meters. Additionally, solar power will also be provided to the common area grid for optimized power consumption.