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GREENSPACE CELESTIAL

Fortune Builders

9 Towers · G + 9 Floors

RERA VerifiedUnder ConstructionMid-Premium
GREENSPACE CELESTIAL

Developer

Fortune Group

RERA ID

P02400005073

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RERA-Registered Project Data

RERA Verified

Total Units

774

Total Towers

9

Floors

G + 9

Unit Sizes

1,310–2,615 sqft

Price

Contact for details

Configurations

2.5 BHK to 3 BHK

Possession

Jun 2028

RERA Status

Under Construction

Price Intelligence

Based on Kokapet corridor data

₹8,500–13,000/sqft
Kokapet corridor
+7.04%+ p.a. appreciation

Estimated Unit Cost

₹1.57 Cr₹2.4 Cr

avg unit 1,850 sqft (SBA)

By Configuration

2 BHK (Standard)1,085–1,555 sqft₹1.02–1.09 Cr
3 BHK (Standard)1,360–2,615 sqft₹1.05–2.60 Cr

All-in Cost Estimate

Base: ₹1.022.60 Cr (by config)
+ 20–22% (stamp duty, GST, corpus, PLC)
1.22 – ₹3.17 Cr all-in

≈ ₹8,50013,000/sqft all-inclusive. Consult advisor for floor-wise pricing.

Live Market Intelligence

Real-time data from the market

Updated 31d ago

Developer Asking Price

7,300–7,800/sqft

Direct from developer

Resale Market

3,600–7,800/sqft

Secondary market transactions

Price Trend

↑ Rising

Based on recent transactions

Construction Progress

0 of 9 towers at advanced stage

Buyer Sentiment: Positive

Key Updates

Project remains under construction with June 2028 possession date (sources from 99acres, CommonFloor, gharpe.com April 2025 and earlier)

Approximately 20% of units sold as of April 2025 per gharpe.com

Property prices increased 7.3% in last quarter per 99acres data from October 2024

Registration data shows 43 sales transactions from Aug 2024 to Jul 2025 at average ₹3.6k/sqft resale price

Common Buyer Questions

Configurations & Unit Mix

Unit Mix (RERA data)

3 BHK
57%447 units
₹1.05–2.60 Cr · 1,360–2,615 sqft
2 BHK
33%258 units
₹1.02–1.09 Cr · 1,085–1,555 sqft
2.5 BHK
4%28 units
₹1.02–1.09 Cr · 1,085–1,555 sqft

Dominant: 3 BHKfamily end-users

Advisor Pricing Details

2 BHK (Standard)₹1.02–1.09 Cr
1,085–1,555 sqft
3 BHK (Standard)₹1.05–2.60 Cr
1,360–2,615 sqft

About This Project

Greenspace Celestial is a premier under-construction residential project by Green Space Housing and Engineers in Kokapet, Hyderabad. Offering spacious 2 & 3 BHK apartments across 8.3 acres, the project promises a blend of luxury and convenience with possession slated for June 2028.

WESTSIDE VIEW

Westside Realty's Expert Review of Greenspace Celestial Greenspace Celestial by Green Space Housing and Engineers is a promising large-scale residential development in Kokapet, one of Hyderabad's most sought-after micro-markets. Its strategic location near the Financial District and major IT hubs is a significant advantage for working professionals. The project's vast 8.3-acre land parcel and comprehensive list of over 40 amenities, including unique offerings like a creche and a theatre, indicate a focus on creating a self-sufficient and vibrant community lifestyle. Pros: • Prime Location: Kokapet is a high-growth corridor with excellent connectivity via the Nehru Outer Ring Road, ensuring strong potential for capital appreciation. • Comprehensive Amenities: The project offers a wide array of facilities that cater to all age groups, from a swimming pool and gym to a children's play area and EV charging stations. • Reputable Developer: Green Space Housing has a track record of delivering multiple projects, which adds a layer of trust for potential buyers. • Spacious Configurations: The availability of 2 and 3 BHK apartments with generous carpet areas caters to diverse family needs. Potential Considerations: • Long Possession Timeline: With a completion date set for June 2028, this project is suited for long-term investors and homebuyers who are not in a hurry to move in. • High-Density Living: With 769 units across 9 towers, residents should expect a high-density community environment. Overall, Westside Realty views Greenspace Celestial as a solid investment for those with a long-term horizon, offering a modern lifestyle in a location poised for significant future growth.

Ideal For
Mid-to-high income families
Project Segment
Mid-Premium
RERA Status
RERA Registered

Westside Expert Analysis

Our advisors' assessment of this project

Primary Differentiator

High configuration diversity (2/2.5/3/3.5 BHK) across 9 towers on 8.65 acres; brand-level specs (Jaguar/Grohe/JOTUN)

Best Suited For

Mid-to-high income families

Project Segment

Mid-Premium

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5-Year Outlook

AI Projection

5-Year Appreciation

35%–40%

Estimated range

Annual CAGR

12%–16%

Corridor average

Rental Yield

3.5–4.5%

AI estimate · verify locally

Bull Case

Metro completion by 2028 + GCC office occupancy → avg price reaches ₹16,500-18,000/sqft by 2030. Land rates cross ₹200 Cr/acre. Rental yields improve to 3.5-4.0% as supply normalizes.

Bear Case

Metro delayed beyond 2030 + oversupply in 2027-2028 → temporary 5-8% price correction in mid-segment. Ultra-luxury holds. Recovery by 2029.

Amenities & Lifestyle

34,000sq ft Clubhouse
Sports & Recreation
BadmintonHalf-BasketballCricket NetsSkating RinkSwimming PoolYoga/Aerobics Hall
Signature Amenities
Home TheatreAroma GardenCafeteriaElderly Seating Areas

Location & Connectivity

Distances, connectivity, and neighbourhood context

View on Google Maps →
Financial District3.3 km
HITEC City5.4 km
Airport21.9 km
MetroHyderabad Metro Phase 2 Corridor V: 11.6 km Raidurg to Kokapet Neopolis extension. DPR approved, funding finalized. Stations: Biodiversity Junction, Nanakramguda, Wipro Circle, Kokapet Neopolis. Expected to add 15-30% price premium.
Key RoadsNehru ORR, Pipeline Road Widening, ORR Left-Carriageway Widening (Nanakramguda-Gachibowli), Neopolis Internal Roads
ORR ExitsKokapet, Narsingi
Kokapet
₹4,200–18,000/sqft
+7.04% YoY appreciation

Location Highlights

ORR Junction: 2 mins drive
Phoenix Green School: 5 mins drive
Continental Hospital: 5 mins drive
Microsoft: 5 mins drive
Financial District: 5 mins drive
Wipro X Roads: 5 mins drive
Oakridge International School: 7 mins drive
Delhi Public School: 7 mins drive
Hyderabad Central University: 10 mins drive
Hitech City: 15 mins drive
International Airport: 25 mins drive
View Kokapet market report →

About the Developer

F
Fortune Builders

Market Intelligence

Bull Case
Metro completion by 2028 + GCC office occupancy → avg price reaches ₹16,500-18,000/sqft by 2030. Land rates cross ₹200 Cr/acre. Rental yields improve to 3.5-4.0% as supply normalizes.
Base Case
Steady 10-12% annual appreciation. Avg price reaches ₹14,000-15,000/sqft by 2030. Inventory absorbed in 18-24 months. Kokapet establishes as permanent luxury hub.
Bear Case
Metro delayed beyond 2030 + oversupply in 2027-2028 → temporary 5-8% price correction in mid-segment. Ultra-luxury holds. Recovery by 2029.
Risk Factors
1,635 acres historically claimed by Nawab heirs; courts upheld state ownership but intermittent claims persist. Invest only in HMDA-auctioned land (Neopolis/Golden Mile).
Gowlidoddi-Wipro Circle bottleneck adds 20-30 min during peak hours. Pipeline Road widening (₹110 Cr) and ORR expansion underway.
~8,000 luxury units hitting market simultaneously. Ultra-luxury with unique features (double-height, sky bridges) less affected.
Proximity to Gandipet/Himayatsagar lakes requires strict environmental compliance. HMWSSB integration ongoing.
Avg asking ₹11,200/sqft vs registry ₹8,579/sqft — reflects floor-rise premiums and branded developer pricing, not weakness.
Growth Catalysts
Neopolis Phase II/III Completion
Metro Phase 2 Corridor V
GCC Expansion
My Home IT Park ($2B)
Regional Ring Road

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Frequently Asked Questions

Common questions about this project

GREENSPACE CELESTIAL is priced between ₹1.02 Cr and ₹2.60 Cr depending on the configuration. All-in costs including PLC, EDC, IDC, GST, and registration typically add 18–22% to the base price.