Investing in Tellapur

After the IT boom the smaller suburbs around Hyderabad started gaining recognition and started developing. One such a quick developing locality is Tellapur. Located in Medak district, its proximity to the IT hub and business districts makes the area a good investment option. Tellapur has become one of the most lucrative investment options for prospective buyers. Tellapur is only an hour and a quarter away from Hyderabad. Though the area is still in its development stage now, many proposed projects such as the Techno City and integrated townships are sure to boost demand in the area. The proximity to IT companies is the primary reason for the development of this area. The demand for homes is coming from both end users and investors. End users are buying homes in Tellapur because it would be closer to work, reduced commute time and better quality of life. The social infrastructure in Tellapur is also being developed. In the recent past many of the manufacturing companies have moved out of Hyderabad quoting the unrest in the political situation as the reason. But Andhra Pradesh as a government is trying to bring back the manufacturing industry into Hyderabad back again and this may again bring in more job opportunities. As Hyderabad and its surrounding localities develop, the smaller micro-markets such as Tellapur are also sun drying themselves in the hot market. The great connectivity and proximitiy to enough number of CBDs is a major driving force for the growth of the locality like Tellapur. Tellapur is about 16 km from Hitec City, 27 km from Punjagutta, 32 km from Secunderabad and 38 km from RGIA. Gopanpalli, Osman Nagar, Vidyut Nagar and Serilingampally are some of the localities near the area. The area is also close to the Outer Ring Road (ORR), which allows residents to enjoy great roads and have access to all parts of the city. The flyover that connects Lingampally to Nallagandla near Tellapur also reduces travel times and helps to avoid a railway crossing on the way. ellapur is now being urbanized fast and its close proximity to the hubs of Information Technology such as Madhapur and Gachibowli has earned it an edge. Real estate market is slowly regaining its confidence amongst people. After the political imbalance, the property rates in Hyderabad had seen a significant dip. Once all the dust has settled the market is now slowly starting gain momentum and this has caused delays in projects, increase in the number of unsold inventories and a lot of confusion amidst people who had already invested. In the initial days of development, many developers have locked in a lot of their funds by investing in huge parcels of land in Tellapur . During the political unrest as they were unable to sell or make much profit, many developers who couldn‘t afford to lock up their investments begand selling smaller pieces of lands as plot in Tellapur . The same locality has boomed in land value atleast doubling in price over the past 5 years and this locality is all set to grow further in the coming years to make a great investment destination.