Tridasa Rise Nallagandla Review: Price, RERA Timeline

So I was just checking out this project called Tridasa Rise in the Nallagandla area because my cousin was talking about it yesterday. He is looking to buy something near the IT hub but prices in Gachibowli are just untouchable now. Honestly, I'm just trying to figure out if this project is actually a good deal or just another hyped up launch where you get stuck in traffic for hours. It looks like a huge 10 acre property with like 7 towers, but the possession date is what's making me doubt a bit. Just wanted to put down what I found out from a broker call and searching online to see what you guys think.

Quick Facts

Just to give some quick facts that I gathered, the whole thing is spread over some 10.3 acres I think, which is quite big. They are building 7 towers with G+17 floors, so density is low compared to those crazy 40-floor complexes coming up everywhere. Only 3 BHK and 4 BHK premium apartments are there, no small 2 BHKs from what I saw. Builder says possession by late 2028 but RERA is showing a different story... so yeah, a bit confusing.

Pricing

Coming to the pricing, it looks okay on paper but when you start calculating the actual cost it gets much high. Broker was telling me it starts from around ₹1.44 Crore for the basic 1733 sq ft 3 BHK. But that is just base price, then you have GST, amenities, car parking fees, and those extra corpus funds and possession charges. If you look at the larger 3 BHK which is 2134 sq ft, it is around ₹1.75 Crore, and the 4 BHK sizes like 2751 sq ft easily goes past ₹2.48 Crore all-inclusive. Not sure about the exact maintenance cost but someone on a group said it's around 6k to 9k per month which feels a bit steep for a flat that isn't even built yet.

Builder

The company is called Tridasa Realty Ventures. To be very honest I haven't heard much about their previous work in Hyderabad, maybe they are new or did smaller projects before? The broker was hyping them up saying they focus a lot on quality and timely delivery, but brokers always say that to close deals. It makes me a little nervous putting hard earned money into a builder who doesn't have a massive legacy like Aparna or My Home, but maybe I'm wrong? If anyone knows their track record please share your experience.

Investment

People in our office keep talking about Nallagandla and Tellapur as the next big thing for appreciation. But with so many new launches happening every month, I seriously wonder if the resale market will actually give any good returns or if it will just stagnate. If you take a heavy EMI now for a project that completes in 4-5 years, the interest itself eats up all the profit. My mind is totally conflicted on whether this is a solid investment or if it's better to look at ready to move resale flats where you can at least rent it out immediately.

Location

Location wise, it is near Defence Colony on the Tellapur-Nallagandla road, pretty close to the new Aparna Neo Mall. It's decent because schools like Sancta Maria and Citizens Hospital are nearby. But right now, if you walk around the site, there is still a lot of empty plots next to these massive luxury towers. It looks a bit isolated at night, just my personal observation though.

Traffic

And the traffic is getting worse every single day on that stretch. New flyovers are under construction but right now the bottlenecks near the MMTS station and connecting to the Mumbai Highway or ORR are just brutal during office hours. If you work in Financial District, the commute might look short on Google Maps but in reality, you will spend half your life negotiating half built roads and dodging those huge water tankers.

RERA details

I checked the Telangana RERA portal to be safe. The registration number is P02400009596. The thing is, the official RERA possession date is listed as April 2030. Builder is promising December 2028, but usually these things take longer, so better to plan finances keeping 2030 in mind.

Anyway, no clear conclusion yet, still visiting a few more sites this weekend. Anyone else seeing this project or already booked there? Not sure if I should go ahead.