Myra Villas
INDISKompally, Hyderabad
Listed by Bangaloreprop · Telangana RERA Agent Reg. No. A02400003201

Myra Villas Overview
Myra Villas is an under-construction villa community by INDIS in Kompally, north Hyderabad, in the Railway Employees Colony area off the Kompally-Bolarum Road. The project holds Telangana RERA registration P02200005214. It suits buyers at the northern fringe of Hyderabad who want a house rather than a flat in what has become a busy residential corridor.
The layout holds 94 villas across 8 acres, roughly 12 homes an acre. That leaves more room for roads and shared space than a dense row-house scheme. Every home is a four-bedroom villa that the developer calls a Lifestyle Villa and describes as customisable, so you can adjust parts of the base design. How far that goes, and what it costs, is not stated, and it needs to be settled in writing.
Prices begin at Rs. 3.3 Crore. The built-up area and plot size behind that figure have not been published, so a per-sq-ft rate cannot be worked out, and you cannot yet compare it fairly with other villas nearby. No handover date is published either. GST applies because the villas are unfinished, and stamp duty and registration come on top.
This suits a family that wants four bedrooms on its own plot in the Kompally belt, has a budget of about Rs. 3.3 Crore or more, and likes the idea of shaping the home's interior. It is a poor fit if you need to move soon, want every figure on paper before you look, or prefer a flat with less upkeep. Ask for the plot and floor area of the exact villa before any money changes hands. A villa bought on a starting price alone is hard to value later, whether you sell or borrow against it.
Key Facts at a Glance
Myra Villas Price List
| Unit Type | Size (SBA) | All-in Price (approx.) |
|---|---|---|
| 4 BHK Lifestyle Villa | — | Rs. 3.3 Cr Onwards |
Myra Villas EMI Calculator
Choose a home
Down payment · ₹82.50 L
Banks lend up to 75% at this price.
Loan tenure
Monthly EMI
₹2,14,786
₹2.48 Cr loan over 20 years
- Home price
- ₹3.30 Cr
- Down payment
- ₹82.50 L
- Stamp duty & registration
- as per state
- Cash you need upfront
- ₹82.50 L+
- Total interest
- ₹2.68 Cr
Indicative figures for Myra Villas. Your EMI depends on the bank's rate and terms. GST on under-construction homes is extra.
Myra Villas Location
Railway Employees Colony, Kompally-Bolarum Road, Hyderabad
About Hyderabad
Ask where people are buying flats in Hyderabad and the answer, most of the time, is the west. That tilt is the most useful fact to know before you start. The city's jobs, its fastest roads and most of its new towers have moved in the same direction. If you work there, your search is simpler. If you do not, it pays to know what you would give up by following the crowd.
Read more about Hyderabad →Myra Villas Amenities
Getting around from Myra Villas
Myra Villas has its address in the Railway Employees Colony, off the Kompally-Bolarum Road. Kompally lies at the city's northern fringe and has filled up with homes over recent years. The Bolarum Road stretch links it towards the older cantonment areas of the city.
That is all that has been released about the setting. There is no survey number, pincode, landmark or distance on record, so you will need to build the picture of daily life yourself. In a villa layout on the city's fringe, most families rely on a car for school, work and weekly shopping.
Before booking, ask INDIS for the exact plot location and a map of the access road. Drive from there to your workplace at your usual hour and time the evening return as well. Find the nearest school, hospital and grocery store and note how long each takes to reach. Check the width and condition of the road that leads to the gate, and whether it is lit at night, since that shapes how easy the home is to live in.
Homes and prices at Myra Villas
Myra Villas has one home type, a four-bedroom villa the developer names the Lifestyle Villa. It is offered as customisable within a base design. The built-up area, carpet area and plot size have not been published, so ask for all three for each villa you consider.
The starting price is Rs. 3.3 Crore. Without an area to divide it by, no per-sq-ft rate can be worked out, which also makes it hard to compare with nearby villas. Plot size and position usually move the price, and customisation choices may add to it.
The villas are under construction, so GST is charged on top of the price. Stamp duty and registration are payable as well. Ask for a cost sheet that shows:
- Plot area, built-up area and carpet area
- Base price and any premium for plot position
- The cost of each customisation you choose
- Club membership and the maintenance deposit
- GST as a separate line
- Stamp duty and registration
- The construction-linked payment schedule
Paperwork and approvals for Myra Villas
Myra Villas is registered with Telangana RERA as P02200005214. Look it up on the TS-RERA portal before you pay a booking amount. The entry shows the promoter, the approved layout and the completion date, which matters here because no handover date has been published elsewhere.
A villa on its own plot needs land papers as well as building approvals. Ask for:
- The RERA registration certificate
- The land conversion order and the approved layout plan
- Title documents and an encumbrance certificate for your plot
- The sanctioned drawings for your villa, with any customisation marked
- A draft agreement for sale with plot number, areas and handover date
Have a lawyer verify these rather than relying on copies from the sales office. Pay only as the construction stages in the agreement are reached, and compare each demand with what you can see on site. At handover, collect the occupancy certificate, register the sale deed and transfer the property tax record into your name.
Living at Myra Villas
Myra Villas spreads 94 villas across 8 acres, so each household has more ground around it than in a high-rise. The plot sizes, road widths and the position of the shared facilities have not been published. Ask for the site plan and check where your villa falls relative to the entrance and the clubhouse. The single image shown is a render as planned by the developer.
A weekday could start with laps in the swimming pool or a workout in the gymnasium. Those who prefer a class have a space for yoga and aerobics. Pedestrian footpaths along the internal roads make a morning or evening walk easy and keep children away from cars.
For the rest of the day, the indoor games room keeps children busy, and seating areas give neighbours a place to meet. An on-site clinic, plus a salon or spa, saves a few trips out. The multipurpose hall can take family functions, and security is on duty around the clock. Ask which of these will open with the first villas and what the monthly maintenance will be.
Frequently Asked Questions
How big are the villas?
What does customisable mean here?
When will the villas be ready?
How spacious is the layout?
Is the price of Rs. 3.3 Crore the final cost?
Where is the project located?
About the Builder
Buying from INDIS in Hyderabad gives you all three home types under one name: apartments, villas and plots. Its apartment work includes INDIS VIVA City in Kondapur and INDIS PBEL City in Peerancheruvu, with 2 and 3 BHK homes from about Rs. 87 Lakhs to Rs. 1.11 Crore. Villa buyers can look at Myra Villas in Kompally and Amara in Kandlakoya, 4 BHK projects still under construction.
Get Price List, Floor Plans & Brochure
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