Aparna Constructions plans to invest in Puppalaguda project

16 Feb 2022 CW Team

Aparna Constructions is planning to invest a sum of Rs 2,550 crore in the Puppalaguda project. The project will be spread across 37 acres comprising 14 blocks, 33 floors, and 3,664 apartments. The apartments will include 1, 2, and 3 BHK homes. The average range will be between 1,020 sq ft and 2,257 sq ft.

In a media release, Aparna Constructions and Estates said that they will be investing the sum in Aparna Zenon which is their residential project. This project will be located in Puppalaguda, in the state of Telangana.

The resident project will have around 3,664 apartments in total on a 37-acre land parcel. The project will have 33 floors and 14 blocks. The apartments will comprise flats from 1 to 3 BHK. The range of the apartments in sq ft will be between 1,020 sq ft and 2,257 sq ft. The project is estimated to cost Rs 2,550 crore and is expected to be completed by 2027.

Aparna Constructions and Estates, managing director, SS Reddy said that in the upcoming year, the company is having launches in residential as well as commercial segments. Due to this, they are confident that they will be able to boost their growth to 30%. The company is also looking forward to strengthening its workforce by hiring around 1500 employees from different locations.

This residential project will be equipped with a sports complex, commercial block, and an 86,423 sq ft clubhouse. Additionally, it will also have a centralised gas bank with prepaid gas meters for supplying cooking gas to apartments. Solar power will be set up in the common area to optimise power consumption.

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