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 well connected is Tellapur to Hyderabad's major IT hubs?+
Tellapur sits approximately 7 km from the Financial District, 9 km from Gachibowli, and 12 km from HITEC City, with road access via the Nehru Outer Ring Road, the Old Mumbai Highway, and internal routes through Nallagandla and Gopanpally. The Telapur railway halt and Lingampally station, roughly 6–7 km away, provide MMTS suburban rail connections to central Hyderabad. Rajiv Gandhi International Airport is about 35–40 km away and reachable in 40–60 minutes via the ORR. There is no metro station within Tellapur at present; Miyapur on the Red Line and Raidurg on the Blue Line are the nearest operational stations, both accessible by road in around 20–30 minutes.
What schools and hospitals are available near Tellapur?+
Families in Tellapur have access to a range of schooling options including Glendale International School, Birla Open Minds International School, Delhi Public School, The Gaudium School, Samashti International School, Meru International School, and Sadhana Infinity School, with over eight well-rated institutions in the broader Tellapur–Kollur belt. On the healthcare side, Citizens Speciality Hospital and Continental Hospital are within close reach, and BHEL General Hospital, CARE Hospital, and AIG Hospital are accessible within a short drive. Larger hospitals in Nallagandla, Gachibowli, and the Financial District are typically reachable within 15 to 30 minutes.
Which malls and retail destinations are closest to Tellapur?+
The primary retail destinations within reach of Tellapur are Sarath City Capital Mall and GSM Mall and Multiplex, both situated roughly 8–10 km away and offering shopping, dining, cinema, and entertainment options. Atrium Mall and Inorbit Mall are also accessible within a similar drive. Local supermarkets, pharmacies, and daily-use shops have opened along the Tellapur–Osman Nagar stretch, reducing the need to travel for everyday needs.
What types of housing are available in Tellapur?+
Tellapur's residential stock is dominated by gated community apartments in 2, 3, and 4 BHK configurations, typically within large integrated townships that include clubhouses, swimming pools, sports facilities, and landscaped gardens. Luxury villas and duplex homes are also available, catering to senior management and HNI buyers who prefer larger, more private formats. Developers active in the locality include Prestige Group, My Home Constructions, Rajapushpa, and Aparna, among others. Plotted developments exist but in smaller supply compared to the apartment segment.
What is the current price range for property in Tellapur?+
Apartment prices in Tellapur broadly range from approximately ₹7,550 to ₹11,150 per sq ft in 2026, with an average rate of around ₹8,500 per sq ft and year-on-year appreciation of roughly 7–8 percent for the apartment segment. Luxury branded towers and villa communities can quote ₹12,000–₹14,000 per sq ft, while early-stage or peripheral projects may come in lower. Gross rental yields across the locality average around 4 percent, with 2 BHK gated-community units renting from approximately ₹40,000 per month and premium 3 BHK homes reaching ₹80,000 or more.
Who is Tellapur best suited for as a home buyer or investor?+
Tellapur draws the strongest demand from IT and GCC professionals working in Gachibowli, the Financial District, Kokapet, and HITEC City, who value a quieter residential setting without a long commute. Families are well served by the concentration of CBSE and international schools in the locality and surrounding belt. Long-term investors are attracted by a steady rental market supported by consistent IT-sector tenant demand and the area's position within the HMDA master-planned western growth corridor. NRI buyers have also shown increased interest, driven by the locality's infrastructure trajectory and the presence of established developer brands.
How has Tellapur's real estate market grown over the past decade?+
Tellapur recorded close to 18,800 residential unit launches between Q1 2016 and Q4 2023, reflecting sustained developer confidence over that period. Apartment prices have appreciated approximately 70 percent over the last five years and 121 percent over the last ten years, moving from an early-phase range of ₹4,800–₹5,500 per sq ft to the current average of around ₹8,500 per sq ft. The entry of large-format developers and HMDA-governed master planning have shifted Tellapur's positioning from a mid-segment suburb into an established mid-to-premium western residential address.
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