GHR Lakshmi Urbanblocks Infra LLP, a joint venture formed by the promoters of GHR Infra, Lakshmi Infra and Urbanblocks Realty, have launched a 63-storey, 217-metre high luxury residential project.
Located at Neopolis (Kokapet), the outlay for the ‘The Cascades Neopolis’ project is pegged at ₹3,169 crore. The project will have two helipads and a sky bridge connecting all towers
“We have priced it at ₹10,000 a sq. ft We are planning to hand over the flats by March 2030,” Lakshmi Narayana G, Partner with GHR Lakshmi Urbanblocks Infra LLP, has said.
The company is taking up the project on the 7.34-acre land parcel that it acquired in a government auction for ₹550 crore.
The project will house 1,189 3BHK and 4BHK apartments, ranging from 2,560 sq. ft to 4,825 sq. ft, along with 10 triplex penthouses.
The real estate firm roped in UHA London (concept), Coopers Hill Singapore (landscape), Studio HBA Singapore (interior design – amenities), and Buro Happold (UK) (structural engineering).
“We have obtained RERA registration and SBI has sanctioned ₹900 crore for the project,” he said.