Bangaloreprop

Myra Villas

INDISKompally, Hyderabad

ONGOINGVillasEMI from ₹2,14,786/mo RERA: P02200005214

Listed by Bangaloreprop · Telangana RERA Agent Reg. No. A02400003201

Myra Villas

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

Property Type
Villas
Total Land Area
8 Acres
No. of Units
94
Construction
Ongoing
RERA No.
P02200005214
Location
Kompally, Hyderabad

Myra Villas Price List

Unit TypeSize (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

% a year

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

24/7 Security
Gymnasium
Indoor Games
Multipurpose Hall
Swimming Pool

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?
No built-up area or plot size has been released for the four-bedroom villas. Ask INDIS for both figures for the exact villa you are shown, and for the drawings of each floor, before you compare the Rs. 3.3 Crore price with other projects.
What does customisable mean here?
INDIS calls the villas customisable. That usually means you can change some layout or finish choices within a base design. The limits and the extra cost are not published. Get the list of permitted changes and their prices written into your agreement.
When will the villas be ready?
No handover date has been published and the stage is ongoing construction. Search P02200005214 on the Telangana RERA (TS-RERA) portal for the completion date declared by the promoter, and insist that the agreement for sale carries that date and a delay clause.
How spacious is the layout?
The count is 94 villas across 8 acres, about 12 per acre. That is roomier than a tightly packed row-house project, but the plot size per villa is not published. Get the layout drawing to see road widths and where your plot falls.
Is the price of Rs. 3.3 Crore the final cost?
No. It is a starting price. GST applies on an under-construction villa, and stamp duty and registration are extra. Customisation, plot location and club membership may add more, so ask for a full cost sheet for one named villa.
Where is the project located?
The address is the Railway Employees Colony area along Kompally-Bolarum Road, at the city's northern fringe. No survey number, pincode or distance has been published, so ask for the exact plot location and drive the access road yourself.

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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.

Ongoing: 3Completed: 3
Read more about INDIS →

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