A speeding Ferrari Roma worth around ₹3.5 crore crashed into the main gate of an apartment complex in Hyderabad's upscale Jubilee Hills area on Sunday, causing extensive damage to the luxury sports car and the property. Remarkably, no injuries were reported in the incident.
According to reports, the high-end vehicle was travelling at a high speed when the driver allegedly lost control, causing the Ferrari to ram into the entrance gate of the residential complex. CCTV footage of the crash has since surfaced on social media, capturing the moment the car veered off course before slamminginto the gate.
Eyewitnesses said the occupants of the Ferrari fled the scene immediately after the crash, leaving the heavily damaged vehicle behind. Local residents gathered at the spot after hearing the loud impact, while police were informed aboutthe accident.
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The collision caused significant damage to both the apartment gate and the luxury car. Images and videos from the scene showed the Ferrari with a crushed front section, while debris was scattered around the entrance of the residential complex.
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Police reached the spot and have launched an investigation to identify the occupants and ascertain the circumstances that led to the accident. Authorities are also examining CCTV footage and other evidence as part of the probe.
The incident has reignited concerns over reckless driving and overspeeding on Hyderabad's roads, particularly in high-end residential localities such as Jubilee Hills.
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