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NORTHSTAR ALLURA

NORTH STAR HOMES

35 Towers · G + 2 Floors

RERA VerifiedCompletedUltra Luxury

Developer

NORTH STAR HOMES

RERA ID

P02400006130

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RERA-Registered Project Data

RERA Verified

Total Units

Total Towers

Floors

G + 2

Unit Sizes

2,583–3,375 sqft

Price

Contact for details

Configurations

1 BHK to 4 BHK

Possession

Ready to Move

RERA Status

Completed

Price Intelligence

Based on Kokapet corridor data

₹25,000–35,000/sqft

Kokapet corridor

Corridor range: ₹8,500–13,000/sqft

+7.04%+ p.a. appreciation

Estimated Unit Cost

₹13.5 Cr – ₹18.9 Cr

avg unit 5,402 sqft (SBA)

By Configuration

4 BHK (Villa)4,244–4,759 sqft₹8.28–9.28 Cr

4 BHK (Villa)3,803–4,910 sqft₹9.50–17.00 Cr

5 BHK (Villa)7,000 sqft₹13.50 Cr

All-in Cost Estimate

Base: ₹8.28–17.00 Cr (by config)

+ 20–22% (stamp duty, GST, corpus, PLC)

₹9.94 – ₹20.74 Cr all-in

≈ ₹25,000–35,000/sqft all-inclusive. Consult advisor for floor-wise pricing.

Configurations & Unit Mix

Unit Mix (RERA data)

1 BHK

3%1 units

2 BHK

3%1 units

3 BHK

3%1 units

4 BHK

3%1 units

₹8.28–9.28 Cr · 4,244–4,759 sqft

Dominant: 1 BHK — young professionals

Advisor Pricing Details

4 BHK (Villa)₹8.28–9.28 Cr

4,244–4,759 sqft

4 BHK (Villa)₹9.50–17.00 Cr

3,803–4,910 sqft

5 BHK (Villa)₹13.50 Cr

7,000–7,000 sqft

About This Project

NORTHSTAR ALLURA is a residential project located in Kokapet by NORTH STAR HOMES.

Ideal For

Ultra-HNIs wanting villa autonomy with gated security

Project Segment

Ultra Luxury

RERA Status

RERA Registered

Westside Expert Analysis

Our advisors' assessment of this project

Primary Differentiator

89 luxury villas in Golden Mile — rare horizontal project in high-rise zone; ready-to-move

Best Suited For

Ultra-HNIs wanting villa autonomy with gated security

Project Segment

Ultra Luxury

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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%

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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

17,000sq ft Clubhouse

Sports & Recreation

Temperature-controlled poolIndoor BadmintonIndoor SquashMovie Theater

Signature Amenities

Pet Park

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

View Kokapet market report →

About the Developer

NORTH STAR HOMES

About North Star:\n\nNorth Star Homes is a prominent real estate developer operating in Hyderabad. Known for projects including North Star District 1, Airport Boulevard. Active in micro-markets: Murrelguda, Shamshabad.

View all NORTH STAR HOMES projects →

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

NORTHSTAR ALLURA is priced between ₹8.28 Cr and ₹13.50 Cr depending on the configuration. All-in costs including PLC, EDC, IDC, GST, and registration typically add 18–22% to the base price.