Prestige Group Projects

Prestige Group projects in Tellapur, Hyderabad

Where Tellapur Sits in Hyderabad's Western Corridor

Tellapur carries the pincode 502032 and forms part of Hyderabad's structured western growth belt, falling within Ramachandrapuram Mandal. It lies near Kollur and Gopanpally, positioned strategically between Gachibowli, the Financial District, and Lingampally. The locality is bounded to the south and east by IT-heavy zones that developed rapidly after 2005 and to the north by Osman Sagar Lake, which has kept that flank largely free of dense construction.

Development in Tellapur falls under the jurisdiction of the Hyderabad Metropolitan Development Authority (HMDA) and the local Tellapur Municipality. HMDA is responsible for master planning, zoning regulations, and approval of large-scale layouts and integrated townships. This ensures that development is structured, with adequate provisions for roads, utilities, and green spaces, contributing to the area's long-term sustainability and value.

Road Access and Daily Commute Realities

Tellapur has road connectivity through the Old Mumbai Highway, the 100-ft road, the Nehru Outer Ring Road, and Radial Road 30. Commuters typically route via Nallagandla and ORR Exit 2. An internal 6-lane road widening is under progress, which will ease travel within the locality further.

Distances to key employment and civic destinations are well-documented:

  • Gachibowli: approximately 10–11 km, reachable in 20–30 minutes on regular workdays.
  • Financial District: 12–15 minutes by road; HITEC City: 20–25 minutes.
  • Rajiv Gandhi International Airport: approximately 29 km from the locality via ORR.
  • Lingampally Railway Junction: approximately 5 km away, which in turn connects to the airport via the Outer Ring Road.

There is no metro station within Tellapur itself; residents currently use Miyapur Metro Station, located around 5 km away on the Red Line. Future infrastructure plans, including the Airport Metro Corridor and Phase II metro expansions, are expected to bring metro connectivity closer to the Kokapet and ORR side of this belt. For regular travel, residents rely on personal vehicles, shared autos, and app-based cabs, while bus services are available on nearby arterial roads.

Institutions, Hospitals, and Retail Within Range

The social infrastructure of the micro-market has undergone substantial transformation and is now home to major educational institutions such as IIIT Hyderabad, ISB (Indian School of Business), Meru International School, and the University of Hyderabad. Glendale International School operates a campus at Tellapur, and Birla Open Minds International School at Kollur was ranked first in its preschool category for 2024–25.

On the healthcare side, Citizen Speciality Hospital and Continental Hospitals are well-known multi-specialty facilities near Tellapur, providing 24/7 emergency and specialised healthcare services. AIG Hospitals and KIMS Kondapur are also within approximately 25 minutes by road.

Retail options accessible within a short drive include GSM Mall and Multiplex, Sarath City Capital Mall, Atrium Mall, and Inorbit Mall. Several neighbourhood-format commercial complexes have opened along the Tellapur main road in recent months, adding small-format grocery stores, cafés, and daily-need shops.

The Employment Catchment That Drives Demand

Tellapur's real estate trajectory is directly tied to the growth of Hyderabad's IT corridor. As companies continue to expand in the Financial District, Gachibowli, and the Neopolis SEZ in Kokapet, the demand for housing in adjacent, well-planned localities intensifies. The campuses and office parks within commuting distance of Tellapur include Wave Rock SEZ, Q-City, Wipro Circle, and Salarpuria Sattva Knowledge City — all established commercial addresses in the western corridor.

Buyers focused on long-term yield often look a layer outward into Tellapur from the more saturated Gachibowli and Kokapet pockets, where prices are still appreciating from a lower base. The sustained inflow of IT professionals from employers in the Financial District and Gachibowli is the primary engine behind both Tellapur's residential absorption and its rental market.

Property Prices and Market Trajectory

Average apartment rates in Tellapur stand at approximately ₹8,100 per sq ft. Over the measured period, flat rates have changed by 8% in the last year, 47.3% over three years, 70.5% over five years, and 121.9% over ten years. Land rates in the same period changed by 23.9% in the last year and 289.3% over five years.

The average property price currently ranges between ₹7,500 and ₹8,200 per square foot, with premium developments crossing ₹10,000 per square foot in select projects. Unlike speculative spikes seen in some emerging markets, Tellapur has demonstrated gradual and sustained growth, often recording quarterly increases in the range of 3% to 4%.

A typical 2 BHK apartment commands monthly rents between ₹40,000 and ₹50,000, supported by demand from professionals in nearby IT hubs. Rental yields remain in the range of approximately 3% to 4%, with the combination of rental income and capital appreciation sustaining investor interest.

Asset Type Approx. Price Range (per sq ft) Typical Monthly Rent (2 BHK)
Apartments (mid-range) ₹7,500 – ₹8,200 ₹40,000 – ₹50,000
Premium / branded projects ₹10,000 – ₹12,000+ ₹50,000 – ₹62,000 (3 BHK)
Plotted / villa segments ₹7,000 – ₹9,800 Varies by configuration

Price data sourced from 99acres, NoBroker, and ANAROCK micro-market report (2024–2026 range). Figures are indicative and vary by project, floor, and configuration.

Developer Activity and the Township Shift

Established brands currently active in Tellapur include Prestige Group, My Home, Rajapushpa, and Aparna, bringing better master planning, larger clubhouses, and more organised maintenance systems to the locality. Between 2019 and 2024 alone, approximately 19,000 new homes were launched in this region.

Prestige Group, founded in Bangalore in 1986, has over 184 completed projects within 60.74 million sq ft, alongside 57 ongoing and 43 upcoming projects spanning residential, retail, hospitality, and commercial categories across South India. In Hyderabad specifically, the group has launched over a dozen projects including Prestige High Fields in Gachibowli, Prestige Clairemont and Prestige Beverly Hills in Kokapet, Prestige Tranquil, and The Prestige City in Rajendra Nagar. Its entry into the Tellapur micro-market through Prestige Golden Grove (also known as Aspire Spaces Tellapur) — a 29-acre township comprising 5,120 units with a total saleable area of 10.36 million sq ft and an estimated gross development value of over ₹9,500 crore — marks one of the largest single residential commitments in the western Hyderabad corridor to date.

The growth of Tellapur has led to an increase in large-scale township developments, reflecting a shift toward integrated urban planning. Developers are focusing on projects that combine residential, retail, and recreational components, creating self-sustained communities.

What Remains in Progress

Tellapur's infrastructure build-out is genuine but not complete. The internal 6-lane road widening is currently under progress. Future metro connectivity improvements depend on the Airport Metro Corridor and Phase II expansions, which remain at the planning and early implementation stage. For regular travel, most residents continue to rely on personal vehicles and app-based cabs rather than on a mature public transit network. Buyers evaluating Tellapur should weigh these factors alongside the established road and ORR connectivity the locality already has.

Frequently Asked Questions

How far is Tellapur from Gachibowli and the Financial District, and what are commute times like?+
Tellapur is approximately 10–11 km from Gachibowli and 12–15 minutes by road from the Financial District. On a typical workday, professionals reach Gachibowli offices in 20–30 minutes via the Old Mumbai Highway or ORR Exit 2; the Financial District and Nanakramguda IT Zone are similarly within 15 minutes under normal traffic conditions.
Is there a metro station near Tellapur?+
Tellapur does not currently have its own metro station. The nearest is Miyapur Metro Station on the Red Line, roughly 5 km away, reached by road or feeder cab. Lingampally MMTS Station, approximately 5–8 km away, provides suburban rail connectivity toward central Hyderabad. Future metro phases and the Airport Metro Corridor may improve direct rail access to this belt over the medium term.
What are current property prices in Tellapur, and how have they moved over five years?+
Average apartment rates in Tellapur are currently around ₹7,500–₹8,200 per sq ft, with select premium projects exceeding ₹10,000 per sq ft. According to 99acres data, flat rates in Tellapur have appreciated 70.5% over the last five years and 121.9% over the last decade — one of the stronger long-run trajectories among West Hyderabad localities.
Which schools and hospitals are accessible from Tellapur?+
Schools within the Tellapur–Kollur belt include IIIT Hyderabad, Glendale International School, Birla Open Minds International School, Meru International School, and Manthan School. On the healthcare side, Citizens Speciality Hospital is approximately 15–18 minutes away, with Continental Hospitals, AIG Hospitals, Care Hospital Gachibowli, and KIMS Kondapur all reachable within 20–25 minutes.
How does Tellapur compare with neighbouring localities like Kokapet and Narsingi for buyers?+
Kokapet has emerged as the higher-price-point micro-market in the same western corridor, driven by the Neopolis SEZ and Financial District adjacency. Tellapur offers a somewhat lower entry price while sharing many of the same employment catchment advantages. Narsingi and Kollur are at earlier stages of development with lower base prices but historically slower appreciation rates compared to Tellapur.
What is driving the rental market in Tellapur, and what yields can investors expect?+
Rental demand is primarily sustained by IT and corporate professionals working in Gachibowli, the Financial District, HITEC City, and Nanakramguda — all within 15–25 minutes by road. A 2 BHK apartment in a gated community typically commands ₹40,000–₹50,000 per month, while 3 BHK units in premium developments have reached ₹50,000–₹62,000 per month as of early 2026. Gross rental yields sit at approximately 3%–4%, in line with comparable West Hyderabad localities.
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