Tellapur has soon 
developed from being a barren land to a hub for investors across Hyderabad 
thanks to its connectivity to Bombay Highway (NH9) and the Outer Ring Road. 
Tellapur's close proximity to IT areas like Kondapur, Madhapur and Gachibowli is 
giving a severe push to the realty sector here. After the announcement of the 
proposed integrated township at Tellapur Technocity, a number of multi-storey 
buildings have surfaced brining Tellapur on the residential market 
map.
Developers and builders are now buying properties in Tellapur to 
create homes for IT professionals living in areas like Gachibowli. Tellapur's 
road connectivity too is pulling in the major chunk of investment. While the 
financial district of Gachibowli is about 10 kms away, the BHEL Township is 
located five kilometers from Tellapur. The proposed radial road that will 
connect the Outer Ring Road is too boosting the real estate sector here. 
Although the airport in Shamshabad is about 37 kilometer away, you will reach 
the airport within 40 minutes thanks to the traffic-free road via the Outer Ring 
Road.
Affordability, connectivity and rapid land appreciation are some of 
the reasons that are pushing people to buy property in Tellapur. Targeting the 
BPO sector, there has been a spurt in apartments in Tellapur that offer flats at 
affordable price when compared to buying 2BHK or 3BHK properties in areas like 
Gachibowli. IT employees, NRI's and business professionals are now targeting 
Tellapur that is considered to be a safe investment option thanks to this 
locality being well-equipped with health care and commercial facilities. There 
area a number of schools and food joints in and around Tellapur thereby 
attracting the urban crowd.
The proposed integrated township that might 
take off in the near future is making Tellapur the perfect investment 
destination. The Hyderabad Metropolitan Development Authority has given the nod 
to establish the township in 100 acres instead of 400 acres that was proposed 
earlier. However the Municipal Administrative and Urban Developments is yet to 
approve it. On revenue sharing basis Tellapur Technocity Pvt Ltd proposed this 
township in association with Tishman Speyers, Nagarjuna Constructions Company} 
and ICICI along with HUDA (Hyderabad Urban Development Authority). The project 
that is slated to cost Rs 2, 000 crore is said to have a Special Economic Zone 
(SEZ) for IT companies. The township will also have array of residential 
opportunities like high-rise and low-rise apartments and row houses. Properties 
in Tellapur are now being bought by developer's like hot cakes thanks to this 
integrated township. Apartments in Tellapur can range anywhere between Rs 2, 600 
per sq . ft. to Rs 4, 100 per sq . ft. So for all those who want to live in a 
locality that is pollution free and is sure to give you formidable returns, then 
investing in Tellapur would be a safe bet for you.
