Founded in 2017, Urbanrise is a brand of South India's Alliance Group, a parent entity established in 2004 and headquartered in Chennai. In the eight years since its launch, Urbanrise has grown into South India's largest real estate developer, with over 22,000 homes delivered and 72 million square feet currently under development. Its real estate portfolio is estimated at Rs. 51,000 crores, backed by support from major financial institutions.
The Hyderabad chapter of Urbanrise's expansion has followed the city's residential growth corridor northwest of HITEC City. Earlier Hyderabad deliveries include The Summit in Bachupally and Atrium in Tellapur — two localities that together trace the arc of mid-premium demand running from Kukatpally outward toward the Outer Ring Road. Miyapur sits at the connecting point of that arc, and it is here that Urbanrise has concentrated its most recent high-rise launch.
Miyapur is a growing residential corridor in northwest Hyderabad, known for metro connectivity and diverse property rates; upcoming residential townships, commercial complexes, and wide roads continue to enhance its appeal, making it a strong option for property investment in 2025. The locality is rapidly evolving with metro connectivity and mid-premium housing, making it attractive for families.
Miyapur's infrastructure includes CC roads, flyovers, foot-overs, metro parks, underground drainage, and 24/7 power supply, giving it a physical maturity that many newer northwest corridors still lack. At the same time, gated community apartments in Miyapur range from Rs 46 lakh to Rs 2.48 crore, at Rs 4,800–7,600 per sq. ft. — a spread that accommodates mid-segment and upper-mid buyers alike. Miyapur sits within the Western Corridor alongside Tellapur and Kollur, which are leading residential supply in Hyderabad's current cycle.
The broader Hyderabad market provides further tailwind. Hyderabad recorded the largest property price appreciation — 64% — among major Indian cities over the 2019 to mid-2024 timeline. Infrastructure projects including Metro Phase 2, the Outer Ring Road, and airport expansion are strengthening connectivity and enhancing property appeal across the city. For Miyapur specifically, ongoing metro projects continue to enhance connectivity in the area.
Urbanrise Sky Habitat is a high-end residential development in Miyapur, Hyderabad, spread across 10.6 acres, comprising 5 towers each rising 42 stories, and offering spacious 3-bedroom apartments ranging from 1,509 to 1,839 sq. ft. The project contains 1,123 units, launched in June 2023, with an average price of approximately Rs 8,050 per sq. ft. and possession scheduled for December 2026.
The towers rise 42 floors and overlook a 100-acre lake. The project maintains 72% open area across its 10.67-acre site. The project is RERA-registered; its RERA registration number is P01100006655.
The residential enclave offers a curated set of 40+ amenities, including a grand 5-floor clubhouse, gymnasium, skywalk, swimming pool, jogging track, landscaped garden, kids' play area, indoor games area, multipurpose court, banquet hall, senior citizen area, and library. A standout feature is the Urbanrise Genius children's hub: a dedicated children's learning centre offering tuition, music, dance, and cookery classes within the community.
The project is located at Survey Nos. 178 to 181, Sri Vani Nagar, Coca Cola Road, Vediri Township, Ameenpur, Miyapur, Hyderabad — 502032. Urbanrise's Hyderabad corporate office is at Plot Nos. 68 and 69, Jubilee Heights, Jubilee Enclave, Madhapur.
The enclave is connected to the city via Coca Cola Road, Bollaram Road, Miyapur Metro Station, Hafizpet Railway Station, and Rajiv Gandhi International Airport. Residents can reach HITEC City, Gachibowli, and Kondapur via Miyapur Metro Station, which is approximately five minutes away.
Social infrastructure surrounding the site is well-established. Landmarks nearby include Oaktree International School, Seeds School, BVRIT Hyderabad College of Engineering, Mamata Academy of Medical Sciences Hospital, Sri Swastik Multispecialty Hospital, GSM Mall and Multiplex, CMR Family Mall, and D-Mart. Delhi Public School is approximately three minutes from the site.
Sky Habitat is part of Urbanrise's Environmental Intelligence (EI) platform. As the largest developer in South India, Urbanrise frames its 100-Year Commitment around Environmental Intelligence — integrating sustainable technologies, smart design, and long-term thinking to create homes that manage environmental impact while protecting daily living quality. Specific EI features include rainwater systems designed to store water underground, replenish aquifers, and provide surplus water throughout the year, alongside dedicated spaces for recycling PET bottles, glass, and paper.
Alliance Group and Urbanrise have lined up new launches of over 36 million sq. ft of residential projects across Bengaluru, Chennai and Hyderabad, with an earmarked investment of Rs 21,600 crores. The Hyderabad portion of that pipeline reflects the group's view of the northwest corridor — Bachupally, Tellapur, and Miyapur — as its primary land bank in the city. For buyers tracking Urbanrise's Hyderabad trajectory, Sky Habitat represents both the largest-scale and the most vertically ambitious project the developer has placed in this market to date.
