Info on Tellapur Techocity Township

Q: Do you think it's a good idea for me to invest in Tellapur right now because of the upcoming infrastructural projects in the locality? Will real estate be positively affected?

Suresh Kota, Hyderabad

14th July 2014

Real estate News in Tellapur, Hyderabad

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Replies (6)

Hey have you heard that the technocity project is going to be restructured now? There are plans to revive it. This will definitely boost the realty market of Tellapur and investing here for long term is a very good idea. HUDA is going to look into all legal, financial and technical issues regarding this project and wil ensure that it will be developed.

Kamat Reddy, Hyderabad

15th November 2014

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So the integrated township is supposed to be a 'green city' where a lot of attention will be paid to sustainability and conservation. i think that's brilliant because you don't hear of too many projects like that in India. It is things like this that make up a good real estate market. I am quite certain that a few years from now, this area will be unrecognizable because of the many changes. Good changes. It has the potential of turning into a well established commercial, residential and industrial space. So very good idea for investing here and all the best! :D

Lokesh Gowda, Hyderabad

16th July 2014

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What happened was the project was actually supposed to be 400 acres but now it has become only a 100 acre project. Reason is that the builder paid only 420 crores and the remaining 1700 he still did not pay. Because of this, the project is still supposed to go on but now on much lesser space. Now even the number of infrastructural projects that was supposed to be undertaken have decreased. But still I think this will be very successful project because it will really give real estate a big boost up in Tellapur. Now the locality is just doing too well.

Lata Rao, Hyderabad

16th July 2014

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Hi,

I have made the payment of Rs. 9188/- towards the maintenance charge of my flat:B-310 for July-Sep.
Thank you.

Shivaprasad

Shivaprasad koppad, Apartment Resident

15th July 2014

Comment

Yes the township project work is going on! The project builder is Tellapur Technocity developers and they have sent the project proposal to the Hyderabad Municipal Corporation and now both parties will share the funding expense for this project. This is quite an expensive project costing 2000 crores but there are a lot of developmental changes planned for the locality. Firstly it will provide SEZ for IT companies, offices and residential space in 400 acre close to the Outer Ring Road. The project is also very close to IT hub Hitech city and financial district of Gachibowli. 30 million built up area is supposed to be provided in the township in eight years for Class A commercial, residential, recreational and mixed use purposes.

Sriram Gowda, Hyderabad

15th July 2014

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I'm unaware about the township project but I know that Tellapur is a really good area to invest in. The main reason why the real estate prices have shot up by 20% in the past year was basically because of the number of new projects that are rapidly gaining momentum in Tellapur. A lot of IT professionals are also becoming quite interested in this area and demand for land here has increased a lot in the last 2 years. And because it is located close to the financial district, lots and lots of employees from organizations such as Microsoft, Franklin Templeton, Infosys and Wipro are coming forward and investing here. Affordable prices, traffic free zones, enhanced connectivity and lower levels of pollution are some of the factors that has made it gain so much popularity! :)

Kamala Reddy, Hyderabad

14th July 2014

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