Suchirindia launches Rs 200cr realty project in Hyderabad

City-based realty player Suchirindia Developers Private Limited announced a Rs 200-crore cosmopolitan residential project "� Timberleaf "� in Hyderabad on Tuesday.

The gated community venture, coming up on 25 acres near the Shamshabad International Airport on the outskirts of the city, would have 123 Spanish and Italian villas.

Each of the villas, to be built on 320 square yards with a built-up space of 3,600 sqft in duplex form, comes with a price tag of Rs 1.24 crore.

The project will have Wi-fi enablement and a water purifier plant, besides facilities like health centre, gymnasium, computerised information centre, jogging track, ATM and a centralised gas station.

A kindergarten school, music rooms with instruments, study and tuition rooms, library and a cyber cafe are also being planned for kids.

Keeping the profile of potential buyers in view, the company is offering security features that include key-less entry, intruder alarms, watchman-tracking device, gas-leak detectors, boom-barriers at the main entry and CCTV integrated with cable TV.

Speaking to mediapersons here, Suchirindia chief executive officer Y Kiron said that works on basic amenities including development of roads and underground cabling were under way, and the construction of the villas would commence from January 2007.

"We expect the entire project to be complete by December 2008," he said.