[vc_row][vc_column width=”2/3″][vc_column_text]For the last 8 to 10 years places “inside the city” were on-demand as they offered better accessibility and good means of public transport for all the IT employees working in places like Hitech City, Financial District, etc. In this article, let us see how Tellapur developments became an affordable alternative on the outskirts of Hyderabad.
That said, in recent years buyers are looking for more. New areas on the outskirts, with better amenities, are coming up in recent times. One such place that offers access to the IT hub but also provides other better amenities is Tellapur.[/vc_column_text][vc_row_inner][vc_column_inner][vc_column_text]
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Why did people lose interest in locations inside the city?
The inner parts of the city were having a golden period of real estate a few years ago as most new companies that were established were nearby. It caused the value of the land and properties to increase. This, however, led to a predicted outcome. The localities became overcrowded with IT professionals who wanted a house near their workplace. This, in turn, led to other problems like:
High price:
With the areas being on high demand, the owners started charging extremely high rents. Even the property value was increased because of its placement close to the IT hubs. Even the quality of property declined as the sellers assumed that even if they don’t maintain the house, it will be purchased.
Unbearable traffic:
Anyone who has driven through the city during peak hours will not call it a pleasant experience. In fact, some residents of this area take a longer route from the outskirts of the city that increases their travel time by 15-20 minutes to avoid getting stuck in traffic. This is an obvious outcome, not just because the area is overcrowded but also because IT professionals from all over the city get to there office in Hitech City or Financial District from inside the city itself.[/vc_column_text][vc_column_text]
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Pollution:
The pollution in the city is so high, it can almost be called a hazardous area. This is due to the lack of trees and greenery in the area and high traffic. What little greenery remains is being cut down to make room for new apartments and villas. Realizing that the situation isn’t going to get any better, any time soon buyers are avoiding homes inside the city and are preferring outskirts.
Unsafe:
It is common knowledge that the inner parts of the city aren’t the safest place in the city right now. With more IT professionals as its residents, the nightlife is gaining popularity. Although it is not a bad thing to have, this also reduces the security of the area.
Lack of family aesthetic:
All the above factors clearly indicate that this isn’t a great place to raise a family. It might seem like a reasonable choice for now, but buying a home isn’t a short term decision. When purchasing a home, plans need to be taken into consideration as well. A locality that is filled with pollution, with unsafe roads and little greenery is the opposite of a good place to raise a family.
Stagnating prices:
Not just people who are looking for a residence, even investors are looking for places on the outskirts to invest in. The ideal situation for a buyer to make a maximum profit is “Buy for low, Sell for high”. The current situation in the city is “Buy for high, Sell for higher”. It is true that profit will be made, but the same investment could provide better profits in other localities.[/vc_column_text][vc_column_text]
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What’s the alternative?
People will invest in new homes, and there are thousands of options available. So, how does anyone determine which locality and which real estate developer in Hyderabad should you go with? The perfect alternative for people who want easy access to IT hubs but don’t want the problems that people living inside the city face have another option. The locality that can meet there needs is Tellapur.
Affordable pricing
Unlike the internal areas of the city, the area of Tellapur has its prices quite low when you consider the benefits it offers. This is a goldmine for Tellapur real estate investors as the prices are low now but are guaranteed to increase in the future.
When the second phase of the MMTS track construction is completed, Tellapur will have easy access to the entire city. This will cause the price of the area to increase tremendously. It already has ORR to get around anyway. Additionally, an increase in the number of gated communities will cause the price to increase as well.
Still close to work
Tellapur is also close to all the IT hubs of the city. It is close to BHEL township and even companies like TCS, Wipro, Capgemini, Infosys, Microsoft, etc have their campuses close by.
The traffic is also very low, hence the duration of the commute is reduced. As mentioned above, access to the outer ring road and good public transport options are all good points in favor of Tellapur.[/vc_column_text][vc_column_text]
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Gated communities
The style and standard of living in a gated community are completely different from living in an individual home or an apartment. Well maintained parks, uncrowded pools, clubhouses, are just a few of the amenities are available in gated communities.
The security, privacy, traffic, pollution, and other similar problems are not an issue in gated communities. This is the perfect place to raise a family.
In natures embrace
Tellapur is home to the GHMC Urban Forestry. This means that the entire locality is full of lush green trees. It’s as if a bubble of fresh air is surrounding the area keeping out all the pollution and the noise of traffic. A place like this, so close to the city and with easy access to all prominent places in the city is few to find.
With more developers discovering this gem, there is another challenge that buyers face when they look for homes or villas. “Which developer should I opt?” The answer to that question is, “Someone with a reputation as reliable and trustworthy.” That would be MUPPA PROJECTS. They offer premium villas that have luxuries that are beyond any other developer. Go see for yourself, and you will not be disappointed.[/vc_column_text][vc_column_text]
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Conclusion
Tellapur is going to become the hotspot for all great things happening in Hyderabad. With excellent benefits and no drawbacks, it is the option to go for when looking for a home close to Hitech City.[/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]