Why should one invest in Hyderabad’s Tellapur
Located on the outskirts of Hyderanad, Tellapur is one of the emerging micro markets that have been brimming with several residential developments in recent years. According to realty experts, prices of residential properties in Tellapur are expected to rise once the second phase Multi Modal Transport System (MMTS) is completed. The first phase of this rail connectivity covers a distance of 43 km and connects major areas such as Secunderabad, Nampally, Dabirpura, Malkapet, Hitech City and Lingampally. The phase 2 will connect Lingampally with Tellapur.
As the locality is situated close to the Mumbai Highway, the locality enjoys good connectivity to several parts of the city. With plans to develop radial roads to connect with the Outer Ring Road (ORR), this locality’s connectivity with the Rajiv Gandhi International Airport at Shamshabad will be enhanced in future.
Earlier, the locality was known to be sleep village. However, with the emergence of IT companies in localities such as Madhapur and Gachibowli have transformed this suburban locality into the most the demanded real estate destination. Besides, several IT bigwigs like Infosys, Wipro and Microsoft have their development centers here. Thus, the demand for apartments and villas in Tellapur has been especially high among the working professionals.
Apart from proximity to major IT hubs such as Gachibowli and Madhapur, the locality is also close to the Hyderabad Central University and the Bharat Heavy Electrics Ltd Township. With all these advantageous factors, the capital values are expected to increase in the following years. Owing to the housing demand in this region, the demands for rental homes have also increased in recent times. Therefore, if a property investor buys a home in this region then he/she can earn good return on investment via rental returns in future.
According to realty sources, the capital values in Tellapur have witnessed a spike in 2015 and 2016. And, this trend is expected to increase further in near future. Besides, the increased prices of apartments and villas in Madhapur and Gachibowli has encouraged several reputed to builders to launch new projects in Tellapur.
The locality witnesses a good demand for residential properties from both end-users and property investors. Owing to the locality’s proximity to employment hubs and improving social infrastructure in terms of schools, hospitals and restaurants here attracts many end-users to invest in a property here. With the upcoming infrastructure developments of this region, the locality is likely to provide a better ROI for the investors. Thus, it attracts lot of second time home buyers who buys property for investment purpose.