Raghava Halo Launch Adds Premium Supply to Kondapur's Market

Raghava Halo Launch Adds Premium Supply to Kondapur's Market

Raghava has launched Raghava Halo as a New Launch in Kondapur, Hyderabad, and bookings are now open. The project is three high-rise towers with only 3 BHK homes, priced from ₹1.8 Cr, and it carries Telangana RERA registration P02400011015. The early offer rate of ₹8,100 per sq ft sits below the locality's recent average, which is why this launch deserves a closer look from anyone tracking prices in the Gachibowli and HITEC City belt.

The launch listing went live in July 2026 with a launch date of that month. Recorded bookings run from 30 August 2026 to 1 October 2026. The land covers 5.14 acres, with 4 basement levels, a ground floor and 52 floors in each tower, and the developer plans more than 1,000 homes across the three towers. Construction stood at about 5% as of 15 July 2026, and a commencement certificate is available. The HMDA permit is numbered 2279/HMDA/SWBP/2026.

Facts as on October 2026, from RERA / the developer.

Impact on Homebuyers

For a buyer, the first thing to understand is the price structure. The developer is offering early-bird pricing for a limited period at ₹8,100 per sq ft, and it has said the rate will move to ₹8,500 per sq ft once that window closes. Current 3 BHK prices start at about ₹1.8 Cr for the 1,830 sq ft Essential type in Towers 1 to 3, about ₹2.0 Cr for the 2,275 sq ft corner-facing Signature type, and about ₹2.2 Cr for the 2,455 sq ft Sky Home type on higher floors. The all-inclusive price covers base cost, applicable GST and possession charges.

Here is how the rate compares with the wider Kondapur market:

The gap is real, but it comes with conditions. A 52-floor tower is a different proposition from a mid-rise building, and the buyer should weigh the lift waiting times, the service lift arrangement and the maintenance cost. The estimated maintenance for a 3 BHK is ₹7,630 per month, and the final figure will be confirmed at possession. Parking is two basement car parks per unit.

On the payment side, the construction-linked plan lets you pay slab by slab as work progresses, with loan eligibility of up to 90%. The minimum down payment for the 1,830 sq ft unit is from ₹17.80 lakh, inclusive of taxes. Banks approved for home loans include SBI, HDFC Bank, ICICI Bank, Axis Bank and Kotak Mahindra Bank, among others.

Should you wait or act? If you need a home within two or three years, the early-offer window is the strongest pricing point. If you are buying for the long term and want to see the metro and road projects move forward first, a wait of a year could help you judge the locality more clearly. Either way, remember that construction is at an early stage, so you will be paying for a home that is still years from handover.

Expert Analysis

Launches like this one tell us that developers see room for premium supply in Kondapur even while the average rate has been easing. The locality sits between Gachibowli and HITEC City, where IT employment is dense and global capability centres keep expanding. Demand from salaried professionals who want a short commute is the core driver here, and that demand has held up well.

The honest counterpoint is that infrastructure is still arriving. The Hyderabad Metro Phase 2 network of about 70 km is at the proposal stage, and one earlier alignment would pass through Kondapur. The Metro Phase 2 Corridor V from Raidurg to Kokapet is cited as improving south Kondapur transit by 2029. The ORR to Kondapur multi-level flyover at Shilpa Layout Phase 2, a 1.2 km six-lane structure costing Rs 178 crore, was scheduled for inauguration in the first week of June. A 21% annual appreciation figure appears in a 2026 guide, but such numbers swing with the market, so treat them as a rough guide only. Rental yields in the locality are generally between 5% and 6.5%.

The developer's record gives some comfort. Raghava was founded in 2008 by K. Raghava Reddy and started with plotted developments. Its legal entity, Raghava Constructions (India) Private Limited, was incorporated in December 2019. The company works only in Hyderabad and has delivered a 45-storey tower at Narsingi that is completed and occupied. It holds a rating of 4.2 across about 497 reviews. Its other Hyderabad projects include a 61-storey tower in the Financial District and a 3 BHK project at Tellapur.

What to Expect Next

The next visible milestones are the booking window, which recorded transactions up to 1 October 2026, and the end of the early-offer pricing, after which the rate moves to ₹8,500 per sq ft. Construction progress will be the real test over the coming months, since the project was about 5% complete in mid-July 2026. The developer has set a possession date of June 2030, while the RERA possession date is 1 November 2031. Buyers should keep both dates in mind when planning rent and loan timelines. The occupancy certificate will be applied for closer to possession.

Related Projects and Areas Affected

• Kondapur: the direct beneficiary, with the new flyover and planned metro links shaping demand for premium homes.
• Gachibowli junction area: a strong employment base that keeps rental demand steady for nearby towers.
• Financial District: home to the developer's 61-storey project, and a benchmark for high-rise pricing in the wider south-west corridor.
• Tellapur and Kokapet: newer growth belts where the upcoming Raidurg to Kokapet metro corridor is expected to lift transit access.

Full project details: Raghava Halo