Restructuring of Tellapur Technocity Township

Q: Hi all. What exactly is happening currently with the tellapur technocity project? I heard there were plans of reconstructing it? What is the delay about exactly? Can I have more info on this? Thankyou!

Nakul Rao, Hyderabad

15th November 2014

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Replies (9)

it is 2 years now did not see any latest update. Kindly share if any
thank you

Nagaraju,

24th September 2016

Comment

So the entire concept of this integrated township is to make the region a 'green city'. it practices concepts of conservation and sustainability. This is brilliant because there aren't too many projects like that in India. A couple of years from now, Tellapur will be unrecognizable because of the number of developmental changes that it will go through. Great changes that will help improve the relaty market as well as overall growth and development of the city.

Faizan Khan, Hyderabad

19th November 2014

Comment

This is very good that the technocity project is finally taking place. It will do wonders for the real estate sector of Hyderabad. More people will move towards the peripheral regions and this will in turn make the city bigger as it is extending. Tellapur is considered a great place for investments. 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.

Savitha Devulapally, Hyderabad

18th November 2014

Comment

A technical financial advisor who has experience in these PPP projects was asked to review the legal, financial, and technical aspects of the project in totality to see what changes can be made, and how to proceed from hereon. So HDMA settled on the services of Ernest and Young to be their technical advisor.

Srinivasan Rao, Hyderabad

17th November 2014

Comment

Hey, a report has already been made now on the technocity project. The Metropolitan Commissioner of Hyderabad Metropolitan Development Authority has made an updated report on the technical, financial, and legal matters regarding this PPP project. Now the technical advisor has requested a committee to be made to examine this report.

Achyut Reddy, Hyderabad

17th November 2014

Comment

Yes but now finally, the Municipal Administration and Urban Development department has formed a committee that is going to enable HUDA to look into this matter and make many changes in the project so that it can be executed once and for all.

Ashok Sharma, Hyderabad

16th November 2014

Comment

Yes, only recently as a few months ago, the project promoters had got the thumbs up from the government to ahead with this project that has new proposals. Now the government has employed professional services to come and assist HUDA in implementing this project.

Asif Khan, Hyderabad

16th November 2014

Comment

Hello :) Yes this information is correct. Hyderabad Metropolitan Development Authority wants to completely restructure Tellapur Techno City Development Project, which was proposed at Tellapur located right outside the city. There was a major delay with the project because the condition of the real estate sector in 2010 in Hyd was not feasible to work under.

Aamir Mirza, Hyderabad

15th November 2014

Comment

Tellapur is located in Ranga Reddy district. This technocity project was proposed by Ms Tishman Speyer India Pvt Ltd in 2007 under a public-private-partnership. But as stated above, the realty market in 2010 was poorly performing. So this project did not happen.

Radha Reddy, Hyderabad

15th November 2014

Comment