Tellapur - Can it be the next Madhapur?

Tellapur technocity project seems to be moving back to life slowly.  The consortium - NCC, Tishman Speyer and ICICI Bank - seem to be trying to kick start their 100 acre project.  If you recollect, the project was a 400 acre project intially bid for 1600 cr but the advaent of the slowdown made the bidders to request the government to allot only 100 acres for which they had paid 400cr (part payment of 1600cr).  The rest of the land is now with the government and can become another Hitec City.  The government is keen to handover land free of litigations to the consortium and hope they move to take action. The rest of the land has some litigations, so government needs to consolidate it.

Tellapur is home to some of the best villa projects apart from the Shankarpally-Gandipet stretch now. Very few aprtment projects are around except for the jinxed Aliens Space Station project.

Villas - Rajapushpa Lifestyle City, Vision Urjith, The Perch, Tudor Villas, Mayfair Villas, Bloomfield Ecstacy, Radhey Sanctia, Vajram, Infinite Homes.

Apartments - Cyber Welfare Apartments, Ozone Heights, Aliens, Honey Dew

Mr. KTR has been scouting for land to build newer facilities like Hi Tech city III, Data center park etc. Tellapur, Nagulapalli and Puppalaguda are in contention.