Tellapur

May 15, 2024

shrishtiview-icon
1K views

Tellapur real estate landscape | Rajapushpa Presidentia project details:

Just came across Rajapushpa Presidentia, planning to buy a unit. What are your thoughts about the project's location and potential over time?

34 Comments

Venkat_61

Rajapushpa Presidentia is an ultra-luxury gated community in Tellapur featuring premium 2 and 4 BHK homes across three high-rise towers. It offers top-tier amenities including fitness zones, sports courts, clubhouses, jogging paths, and co-working lounges, set within landscaped surroundings and close to city hubs.https://www.bhumiboss.com/project/083fb81e-6c04-4255-8d3b-abd007ac0dce

samad21

Rajapushpa Presidentia seems really good. The search popularity has increased by almost 18% in past 1 year. Tellapur for some reason is becoming the new choice for investors. You can checkout more specific details on AssetScan: https://news.assetscan.in/5fbbe0

Aadarshukla
What impact might the upcoming Lok Sabha elections have on property tax issues and infrastructure developments in Hyderabad suburbs?
Monali
Elections could be a turning point—residents are already gearing up to present these issues as pivotal election topics. Politicians will likely address them to garner more support, which could mean faster resolutions or at least temporary reliefs.
Aakshata
It’s a double-edged sword though. While the attention during elections can speed up initiatives, there’s always the risk of promises remaining unfulfilled post-election. Engaging actively with candidates about sustained commitments will be key for residents.
Anandi
Historically, infrastructural developments and tax reforms often become highlighted during election campaigns, but the real push comes if there's continued pressure from the community. So, it's also about continuous engagement, not just during election climates.
shrishti
Considering the property sales boom, what should prospective buyers in Hyderabad be wary of?
Sarthak
It's important to look at long-term infrastructure plans for the area. Like in Tellapur, despite the sales boom, residents have long complained about inadequate infrastructure. Make sure there are definitive plans for development if you're investing in emerging localities.
shrishti
Also, due diligence on the developer's reputation and past projects is crucial. Issues like construction delays or cutting corners can mar even the most promising investments.
Ashishkhurana
And let's not forget about price trends. With property prices in Hyderabad rising by roughly 15% to 20% particularly in business districts, it's key to assess whether these prices reflect real value or if you might be buying at a peak.
Aakshata
With the recent spike in property sales in Hyderabad, particularly in areas like Tellapur, are we looking at a bubble or a real boom?
Siksha89
It does make you wonder, doesn't it? The numbers are staggering—a 143% increase in transactions this Q1 compared to last year. But with major economic growth and strong demand, especially in key cities, it might just be sustainable growth.
Deepanshu
Definitely. Also, considering the gross transaction value has seen a 68% increase, we’re likely witnessing an actual demand surge. The city’s real estate is just aligning with its economic expansion.
Ashishkhurana
Keep in mind though, with regions like Tellapur seeing a significant increase in sales, infrastructural developments are crucial to support this growth, otherwise, it could lead to problems like overcrowding and insufficient amenities.
Aakshata
I've been hearing a lot about the property tax issues in places like Tellapur and Nizampet. Residents seem to be paying more for less infrastructure. Does anyone have more details?
Anandi
Yes, it's quite unsettling. Folks in Nizampet and Tellapur are indeed paying higher property taxes than some premium areas within GHMC limits like Jubilee Hills. But the amenities don't match up—they lack proper roads and drinking water supplies.
Ashishkhurana
To add to that, there are different tax assessment systems at play. For instance, GHMC areas are taxed based on annual rental values, while places like Nizampet are taxed on capital value assessments. This inconsistency leads to higher taxes for people in newly developed areas, despite fewer amenities.
Priyalgarg
There’s also a collective effort forming to address this. Residents from several affected localities are planning to approach political figures, especially with the Lok Sabha elections around the corner. They seem to be asking for fairer assessments or at least improved infrastructure to justify the current taxes.
Piyali
What's the status of builders' reputation, Rajpushpa in terms of project delivery and construction quality?
Anandi
Rajpushpa having multiple projects under their belt, are one of the biggest players in hyderabad real estate. It's generally a good sign in terms of commitment to quality and adherence to delivery schedules. Altough think aparna has better reputation for constructon quality and maintenance.
shrishti
While no immediate concerns come up frequently about construction quality, would advise keeping an eye on regular updates and possibly reaching out to existing customers of their previous projects for firsthand reviews.
shrishti
Can anyone shed light on how presientia stacks up against other nearby projects?
Siksha89
It's surrounded by projects from both premium and well-known developers, totaling up to 15 nearby which suggests a competitive real estate market. Rajpushpa themselves have a portfolio of 5 premium projects.
Ashishkhurana
However, each project's value would ultimately depend on the individual preferences of amenities, unit size, and specific location benefits. Presidentia will also have 5000 plus sft units.
Piyali
How serious is the transportation problem? I am concerned about daily commuting.
Siksha89
If you rely on public transport, this might not be the ideal location. But for those with personal vehicles, the ORR Exit is just 10-12 minutes away which might ease some commuting woes to busy areas like Hitec City which is around 35 minutes drive.
shrishti
What about the places near the project? I read some mixed reviews on local infrastructure like schools and transport.
Anandi
Based on what I've read, it seems like the local amenities are somewhat limited with only two hospitals nearby and a significant lack of malls within a 3 km radius. However, there are ample dining options to choose from.
Siksha89
Yes, the power and transport issues mentioned in reviews might be a concern, especially with frequent power cuts and poor public transport connectivity. Ola uber bookings can be a problem, long waiting times.
Ashishkhurana
You might want to consider the peaceful and green environment of the area too and the proximity to Ameenpur Lake.
Anandi
The location in Sangareddy seems to be gaining attention with a decent number of projects around, mostly by premium developers. However, it might face some connectivity issues since the nearest Metro is a good 38 minutes away.
Deepanshu
Nearest metro station is miyapur and i think it would take more than 38 mins for that. It's some 16-18 kms away.
Siksha89
True, the connectivity might be an issue for some, but given the level of development in that area with projects from premium developers, it still holds potential for good appreciation in property values over time.
Ashishkhurana
It's a premium project, less density, 75 flats per acre with 529 units spread over 7 acres, thus would be on the expensive side.
Related Threads
next-icon
next-icon
join-group