[vc_row][vc_column width=”2/3″][vc_column_text]Voted as one of the best cities to live in, Hyderabad is growing as one of the most preferred cities in the country for real estate investments. With its IT hub, rapidly developing infrastructure and influx of people from all over the country, the city has seen massive growth in terms of investments in the real estate sector. Benefiting from the city’s employment opportunities and developing infrastructure, residential property in Tellapur is emerging as a preferred location.
Along with 2BHK, 3BHK and 4BHK Tellapur also hosts premium luxury duplexes and triplex villas in gated communities. Post Covid trends have shown a rapid growing interest in residential properties in suburban areas among buyers. Tellapur being one such locality in the city would be a good choice of investment for people looking to invest in residential properties.
Demographic
The demographic advantage of Tellapur is its close proximity to key strategic locations in the city. It is close to the areas like Gachibowli, Financial district, where the IT Hub of the city is present. These areas attract a lot of foot falls, which made the realtors in the city to focus on suburban residential property in Tellapur to make use of its locational advantage which is expected to yield a higher price appreciation on the investments made in this location.
It is also close to the Outer Ring Road, which eases any traffic and connectivity concerns. Rajiv Gandhi International Airport (RGIA) is approximately 40 kms away and can be reached using the ORR.
This locale also hosts many commercial establishments like international schools, hospitals, restaurants, banks, ATM, parks, and shopping malls necessary for modern-day lifestyle.
Connectivity of this area includes TSRTC buses, private cab, metro station, flyovers, CC roads which cater to various transportation purposes.
Development of the commercial establishments and social infrastructure in this area is expected to further boost its market value. As the projects in this area are currently cheaper than the ones available close to the financial district and Gachibowli this is a preferred choice for suburban investment.[/vc_column_text][vc_column_text]
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Lifestyle, facilities, & amenities
With rapid urbanization, the focus on the experience of living in a house has acquired a new sense of meaning which involves choosing a property based on lifestyle choices of a particular individual based on aesthetics of the house and its surroundings, facilities & preferred amenities.
Residential property in Tellapur do cater to premium and posh segments in apartments and villas in gated communities. It includes a walker/joggers track, meditation hall, gym, swimming pool, indoor games, and an amphitheater for recreational use.
The projects in the area are equipped with important facilities like power supply (24/7), underground drainage system, water supply, and security.
Surrounded by urban green plush spaces, the area is aesthetically pleasing for its greenery and has a peaceful vibe to it as there is less traffic commotion. Adding to the scenic beauty is “Tellapur Lake” which is added to the list of lakes by ‘National Green Tribunal‘ (governing authority) to be protected from any environmental damage and encroachments. Greater Hyderabad Municipal Corporation (GHMC) Urban Forestry Nursery is also present in this locale; this local governing body has undertaken a reforestation program.
Upcoming/ongoing projects in Tellapur
The Hyderabad Metropolitan Development Authority (HMDA local governing authority) & Tellapur Techno-City Project Limited (TTPL) have jointly taken up a project to develop an integrated township project to which HMDA will provide 100 acres along with laying down roads, sanitation facilities, water, and electricity supply. This project has the potential to affect the market price and lead to higher capital appreciation in the area.
Second phase of Multimodal Transport System (MMTS) rail, which is planned to cover 90kms, will connect Tellapur to Patanacheru, and Secunderabad.[/vc_column_text][vc_column_text]
Telangana Real Estate Regulatory Act (RERA)
Projects in Tellapur are eligible to be under Telangana RERA ACT. This act primarily protects the buyer/investors interest with regard to any delay in the delivery time of the project and to facilitate a hassle-free free transaction for the buyer. As Tellapur comes under the Greater Hyderabad Municipal Corporation (GHMC) the residential property in Tellapur will be liable under RERA ACT which is beneficial to the investors in terms of any legal tensions as Projects are approved under RERA only after the builder satisfies all the stipulated guidelines stipulated by the local governing authority.
Along with RERA registration, verify other important documents like Title Deed, Encumbrance Certificate, Property tax receipts, HMDA approval, Commencement certificate, Occupancy certificate, and Land use certificate to confirm that the property is legally free from any financial and non-financial liabilities.
So if you are looking for an urban neighborhood in a suburban area along with preferred facilities, amenities which also caters to premium segments along with the potential for higher capital appreciation in West of Hyderabad, Tellapur would be a good choice of investment.[/vc_column_text][/vc_column][vc_column width=”1/3″][vc_column_text el_class=”post-contact-form”][fc id=’2′ align=’center’][/fc][/vc_column_text][/vc_column][/vc_row]