SMR’s Gated Community Project: Getting Ready in Hyderabad by Feb. 2012

SMR Vinay Fountain Head, the flagship gated community of real estate developers SMR Group, would be ready by February, 2012 . The project is situated near the IT hub of Hyderabad.It has nearly  975 houses in 10-acre project coming up at Hydernagar, near the Miyapur to Gachibowli road in Hyderabad. The company claimed it has sold nearly 50% of the flats at an average price of  Rs. 2,900 per sq.ft
Mr. S. Ram Reddy, CMD (Chairman and Managing Director), SMR ," Vinay Fountain Head focused on the layout to ensure that it would not be ‘crowded’. It would have 4 towers, each 19 floors and a lot of landscaping. The total area of construction is nearly 20%. We have left the remaining open. The structure is designed to withstand seismic loads"

Highlights of Vinay Fountain Head..!

# The Vinay Fountain Head project is a combination of 2  B H K averaging 1,200 sq. ft and 3 BHK measuring about 1,800 sq. ft.

# The project cost is estimated to be Rs. 350 crore, of which Rs. 75 crore came from promoters, Rs. 70 crore as loans from financial institutions and nearly  Rs. 150 crore from the owners to be.

# Based on customer feedback, it designed the living room for multiple uses.

# The units would have sit-outs offering a view of the surroundings. adding that the project has a 50 ft setback including 30 ft road and 20 ft greenery.

# Nearly  75,000 sq. ft has been earmarked for various amenities.

# For health freaks, Fountain Head would have a jogging track and separate gyms for men and women.

# The terrace garden turns into a venue for get to gethers and celebrations with music. And for the pumped up ones, there is a dance floor, too.

# For leisure, swimming pool, reading room, coffee shop &  tennis court are lined up.

# The gated community, where the flats would not have common walls, would also provide wi-fi connectivity, a three-level parking including for guests, children play area, an amphitheatre and multiple banquet halls.

About SMR ..! SMR has other residential projects  namely Sky City with 120 flats in 13 floors at Uppal and Symphony with 190 flats at Gachibowli which are already partly occupied.
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