Urbanrise Developers has placed one of its Hyderabad addresses directly on the edge of Ameenpur, a locality in the city's north-west that has grown around a 300-year-old man-made lake. The developer's project here, Spring Is In The Air, sits on Survey No. 178 to 181 in Sri Vani Nagar, Ameenpur Village, a stone's throw from the water body that the Government of India designated the country's first body of water in India to be recognised as a Biodiversity Heritage Site and is the first biodiversity site to be approved in an urban area in November 2016. For Urbanrise, a developer that has built its Hyderabad, Chennai and Bengaluru portfolio around named tech-corridor addresses, an Ameenpur launch fits a clear pattern: pick locations already tied to IT-driven housing demand and to civic or ecological landmarks that anchor long-term value.
Urbanrise was founded in 2017 as a residential brand under the Bengaluru-headquartered Alliance Group, an established South Indian developer with decades of construction experience, operating across the southern golden triangle of Chennai, Hyderabad and Bengaluru. Its Hyderabad operations run out of a head office in Jubilee Heights, Jubilee Enclave, Madhapur Village, Ranga Reddy District. Leadership includes Sai Manoj Namburu as Chairman and Managing Director, Suneel Bommireddy as Vice Chairman, Pothireddy Chandrasekhar Reddy as Joint Managing Director, and former Syndicate Bank Chairman Kamallakar Shet on the board. Across its three-city footprint, Urbanrise has delivered more than 15,000 homes and carries a portfolio worth roughly Rs. 51,000 crores, with a construction pipeline that draws on the Alliance Group's residential build experience across a 72 million sq ft pipeline. The company's projects are funded through institutional channels, including ADIA (Abu Dhabi Investment Authority) the world's largest sovereign fund through Kotak Realty Fund and IndoStar Capital Finance Ltd. Every Urbanrise launch, including the one in Ameenpur, is built under what the company calls its 100-Year Commitment, anchored by a sustainability platform called Environmental Intelligence, integrating water-surplus community design, on-site clean power generation, and LEED-aligned building specifications, with homes tiered into EI Neo and EI Nova classes, letting buyers select the level of energy and resource performance that suits their lifestyle and budget.
Spring Is In The Air is Urbanrise's flagship residential address in Ameenpur, developed under Alliance Inn (India) Private Limited and registered with the Telangana RERA authority. The project offers 1 BHK, 2 BHK and 3 BHK configurations, with units in the size range of 918.0 to 1039.0 sq.ft., 810 units spread across 3 buildings. It was officially launched on 15-Sep-2020 under RERA registration, with an additional tower phase carrying its own registration number for later inventory. Design details worked into the community include Urbanrise Genius, a children's learning hub with 24/7 surveillance, trained staff, tuition classes, music and dance lessons, art and craft workshops, and a dedicated crèche and daycare, alongside a clubhouse with a fully equipped gym and entertainment zones, rooftop lounge areas and sky-gazing decks, and jogging tracks and scenic walkways. The address itself is registered at Survey No. 178 to 181, Sri Vani Nagar, Ameenpur Village, Hyderabad, Telangana 502032.
Urbanrise markets the project's proximity to the lake as a defining feature of the community, describing it as sitting next to a picturesque Ameenpur Lake, a designated Heritage Lake that attracts migratory birds. That framing lines up with the area's civic status: Ameenpur Lake carries formal recognition as the first body of water in India to be recognised as a Biodiversity Heritage Site and is documented to host various resident and migratory birds, such as flamingos, egrets, herons, cormorants, kingfishers, and river terns. For a developer positioning its Hyderabad launches around a mix of tech-corridor access and a distinctive natural setting, Ameenpur gives Urbanrise a location with both.
Ameenpur's position in the north-west of Hyderabad puts Urbanrise's project within reach of the city's established IT employment base. The project's own marketing describes it as strategically located just a few minutes from Miyapur Metro Station, ensuring effortless connectivity to HITEC City and other key business hubs, with close proximity cited to Hafeezpet, Kondapur, Gachibowli, and campuses of Infosys, Wipro, Cyber Towers, and Microsoft. At the locality level, Ameenpur is served by both metro and rail options, with Miyapur Metro Station and Lingampally Railway Station within a 5 km radius, and road access via the Nehru ORR, the Bombay Highway NH-9, the Miyapur X Road to Bachupally Road, and the Kistareddy Pet Road. The suburb sits 44 km from Rajiv Gandhi International Airport, accessible via the Nehru Outer Ring Road.
Ameenpur's residential pricing has moved up steadily over the past several years. Locality-wide data shows the average per sq. ft. price in 2017 was around Rs.3,600, rising to Rs.4,750 between July and September of 2022, a 16.3% rise in property rates over five years. More recent tracking of Urbanrise's own project shows an accelerating trend: average property prices for Urbanrise Spring Is In The Air moved from ₹6,350/sqft to ₹6,600/sqft in Q2'2025, and then from ₹7,650/sqft to ₹8,150/sqft in Q4'2025, reflecting a 6.54% rise. That places the project's asking prices above the broader locality benchmark, where Urbanrise Spring Is In The Air's average price of ₹8.2k/sqft compares to Ameenpur's overall average of ₹6.2k/sqft, a gap that reflects both the project's lake-facing positioning and the wider premium Urbanrise commands as a listed golden-triangle brand.
Ameenpur is one of several Hyderabad addresses in the Urbanrise portfolio. The developer's Hyderabad presence includes The Summit in Bachupally and Atrium in Tellapur, along with other launches such as OC 33 in Bachupally and Galleria Gardens, positioned through the same in-house sales structure the company runs across its three-city footprint. Addresses include Miyapur and Ameenpur in Hyderabad specifically, underlining how the developer has clustered several of its north-west Hyderabad launches around this metro-and-highway corridor rather than spreading thin across the city. This concentrated approach lets Urbanrise apply the same construction, quality-control and sales infrastructure it uses in Chennai and Bengaluru to its Ameenpur delivery, rather than treating the project as an isolated one-off.
