Manjeera had started a project called Manjeera Diamond Towers - Phase II in Gopanpally, Hyderabad. We booked the apartment in the 2009, ever since we booked an apartment here, it has been a frustrating experience for us. There was a delay in getting approvals, the construction stopped mid-way, they had resumed it again but there has been a huge delay. There has been close to 15 months delay. The project has not been handed over yet. Everytime a date is given and it gets postponed by 6 months by default. They said they would handover the apartment in March 2013 with amenities, now we hear from others who booked recently that the amenities would get completed only in 2014. So, even if they handover the apartment in March 2013( which we still are not sure going by our experience with them) it would not be complete and there would be constant construction activity and is not different from a standalone apartment.
We had bought this apartment not as an investment but to stay, this is in fact our first home and we are thoroughly frustrated with Manjeera. I have read some earlier review and I totally concur with them. It might be easy to brush this review past saying that it is from a competitor or someone within the management. At the end of the day, it is upto you to take a wise decision. Invest only if you have excess money and dont care about moving in. Do not invest your hard owned money in the project.