Tellapur Villas increase Property Values

Tellapur is situated about 32 km west of the heart of Hyderabad. Capital values of residential properties in the area have witnessed an increase of 50 per cent since April 2013.  According to the recent data, prices of residential properties which were about Rs.2200 per sq.ft, nearly 19 months back, have now increased to about Rs.3200 per sq.ft. This means that a 1000-sq-ft house that was worth Rs 23 lakh just around 19 months back now is valued at more than Rs 30 lakh.

The strategic place of Tellapur between the financial district of Gachibowli and BHEL has done wonders to the property market of the locality. Increased demand is fuelled by those working with the different IT firms and MNCs in the region. Tellapur is witnessing an influx of a number of new projects. Developers are building both multi-storey apartments as well as independent villas.  So, invest in tellapur villas, which will give you good returns.

Well, demand is robust from both end users as well as investors. While, end users choose the place due to its proximity to office places, lower capital values and lack of traffic congestion and pollution, investors are eyeing the area for the huge scope of appreciation it offers in the future. With multiple under-construction projects rates are bound to increase when these near completion.

With around ten minutes of drive from the expressway connecting Madhapur, Hitec City and Gachibowli, the area is situated close to key destinations such as HUDA and Lingampally.  If market professionals are to be believed, Tellapur would offer ample housing options in the near future.