My Home Sayuk
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18 insights shared by the community.
What residents appreciate the most
The project is frequently noted for its rapid construction pace and the developer's consistent track record of delivering projects on or even ahead of schedule. Many updates indicate that various phases are nearing completion, with some units already being handed over. This commitment to timelines instills confidence among buyers.
The project is turning out to be one of the strongest success stories, driven by timely delivery and consistent construction quality.
The project is going 3-4 months before schedule, which is impressive.
The central park area has come out really good, and handovers are expected very soon for phase 1.
The developer has earned a good name for themselves, handing over projects before promised dates.
The project is almost ready to move in, showing significant progress.
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The project benefits from its location in Tellapur, which is considered a futuristic and developing area, especially for the IT crowd. It offers good proximity to major IT hubs like the Financial District, Gachibowli, and Hitec City, with reasonable commute times. The area also provides easy access to the Outer Ring Road (ORR) and is developing with essential social infrastructure like schools, hospitals, and malls.
If your office is in West Hyderabad, this is a good choice.
The location has excellent connectivity and is well-planned with wide roads to major spots like Wipro Junction, Gachibowli, and easy access to ORR and the airport.
Tellapur is very near to the financial district, making it a good choice for self-use.
The area is good and futuristic, with huge developments happening and the IT crowd moving in.
The project offers strong investment potential due to its prime location near IT hubs and good connectivity.
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The developer is widely recognized as a Tier 1 builder in Hyderabad, known for its brand value, reliability, and trustworthiness. Buyers often choose projects from this developer for peace of mind, assured of quality construction, transparent transactions, and dependable project completion. This reputation also contributes to better resale and rental prospects.
Always go with Tier 1 builders like this one; reselling will be easy in the future.
Projects from this developer are bought just because of the brand value and trust, offering peace of mind with construction and timely completion.
The project is considered the safest bet for resale and rentals due to the builder's reputation.
This developer and another prominent builder are the only two in the city able to maintain trust for many years, known for quality construction and white transactions.
The developer has earned a good name for themselves in the city, handing over projects before promised dates.
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There is a widely discussed benefit that the project, being part of Tellapur Technocity, might be exempt from stamp duty and registration charges for first-time buyers. This waiver, potentially a significant saving, is attributed to an arrangement where the developer undertakes to build public infrastructure like fire stations and police stations for the government. However, some suggest the developer might recoup these savings through other charges.
It's a smart city with tax breaks, which explains the waiver.
The project has a waiver of registration and stamp duty, a direct benefit of 7.5%, bringing down prices.
A neighbor confirmed no stamp duty or registration fee, which is a big saver.
The project is part of Technocity, which means no stamp duty fees of 7.5%.
The developer is building a fire station and police station for the government, and in return, the government doesn’t charge registration/stamp duty.
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The project is praised for its impressive amenities, including a massive central park, a large clubhouse, and other facilities. These features contribute to a premium living experience, offering residents ample open areas for recreation, community gatherings, and a resort-like ambiance, especially for units facing the landscaped areas.
The central park area has come out really well, providing decent open space despite the perceived density.
The project boasts a huge central courtyard nestled between towers, offering open and green spaces where natural elements flow.
Upon visiting the site, it doesn't look like low-income housing due to the massive central park, excellent amenities, and clubhouse.
The central park is good, and apartments facing it are in for a treat; floor plans are also decent.
The developer's landscaping and amenities are generally good, even if elevations are not.
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Higher floor units are often preferred for their superior views, better natural light, and reduced issues with pests like mosquitoes and rodents. They also tend to offer a more secluded and quieter living environment away from ground-level noise. Additionally, higher floors can command better resale value in the long term.
Higher floors offer better sunlight and are generally free from issues like mosquitoes and rodents.
A 37th-floor unit offers good external views towards the university and a nearby locality.
Always choose higher floors for better ventilation, less noise, and more secluded living.
Higher floors definitely offer better resale value.
When opting for a high-rise building, there's no point in taking a flat less than 10 floors.
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The apartments are generally considered spacious, with unit sizes ranging from approximately 1300 sq ft to over 2200 sq ft, which is not considered a 'matchbox' by many. The internal layouts are often described as decent, providing breathable space and avoiding a cramped feeling, with some designs offering layouts where flats do not directly face other blocks.
The floor plans are decent for most units, and the overall project stands out with its amenities and elevation.
Upon visiting the project, the interiors felt good, with lots of breathable space and no cramped feeling.
The layouts are liked because flats do not face other blocks directly.
A 2262 sq ft unit is not a matchbox; one needs to understand the sizes first.
Unit sizes start at around 1300 sq ft and go up to 2200 sq ft, which is not considered affordable housing but also not strictly luxury flats.
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The project is perceived to have strong investment potential, particularly for those seeking high rentals and peace of mind from a Tier 1 builder. It has shown exceptional appreciation since its launch, with resale prices trading significantly higher than initial launch prices, reflecting buyer and investor confidence. This makes it a safe bet for future resale and rental income.
The project is considered the safest bet for resale and rentals.
Many investors, including those from outside the country, prefer this developer for peace of mind and high rentals.
The craze for branded gated communities is at its peak, with many investors ready to invest.
The project has seen exceptional appreciation driven by timely delivery and consistent construction quality, with resales trading significantly higher than launch prices.
Investing in projects by reputed Tier 1 builders in this area is expected to yield 1.5 to 2 times returns in 3-5 years.
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Where residents want improvements
The area around the project, particularly the Tellapur road and Gowlidoddy, is severely criticized for its narrow roads and heavy traffic congestion, especially during peak hours. The influx of numerous high-rise communities, including this one, is expected to exacerbate the problem, leading to traffic nightmares, long waits at signals, and dangerous road conditions with potholes and mud.
Potholes are all over the road from the project to a nearby signal for weeks, causing traffic clogs.
Traffic is bad; be prepared to be stuck for 10-15 minutes at the signal, and narrow roads are a bottleneck.
Once completed, the road will be overwhelmed and become a traffic nightmare; the road is too small to accommodate traffic from many big gated communities.
The area is going to be a traffic mess and an oversupply center with the number of projects.
The road access to a nearby school is very poor and dangerous, with thousands of kids and parents facing safety risks due to the thin road.
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Many perceive the project as overpriced, especially for its location in Tellapur, which some consider an 'outskirt' area. Despite being marketed as premium, the actual carpet area might be significantly less than the super built-up area, leading to a higher effective price per square foot. The overall cost, including additional charges like GST, amenities, parking, and floor rise, can push the price much higher than the quoted base price, making it seem like a poor value compared to other cities or even other projects.
The developer is collecting back the waived stamp duty in the form of overcharging for amenities, adding to the overall cost.
The super built-up area mentioned is 1573 sq ft, but the actual carpet area is just 1030 sq ft, with a quoted price of 1.62 Cr with no negotiation scope.
Don't fall for these expensive Western Hyderabad apartments; they are a net loss for your life.
The project is not cheap or affordable; it was intended to increase market prices in the area.
Flats in this project, despite supposedly being in the affordable segment, still cost around 2.5 Cr for 2262 sq ft in Tellapur, which is crazy.
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There are significant concerns about the project's investment potential and the ease of reselling units. Some buyers have reported minimal appreciation (as low as 5-6%) over a year, with the market being saturated with new inventory, making flipping properties difficult. The developer's policy of not allowing sales before registration, coupled with the need for resellers to offer discounts to match builder prices (due to the one-time stamp duty waiver), further complicates resale and can lead to buyers experiencing little to no gains.
The price only appreciated 5-6% in a year, which is not a good sign.
Investment prospects are low, considering current market conditions and the number of projects in progress/being launched.
A buyer ended up with almost zero gains over the years, with resale stuck because the developer does not allow sales before registration.
Flipping any projects in this area is far from reality, given the lot of unsold/new inventory slated to come in the next 3-5 years.
Investors should stay away; dismal returns were seen for this project, and speculation will be less, which is good for end-users.
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The project is criticized for its extremely high density, with a large number of apartments (over 3700 units) spread across a relatively small land area (around 25 acres), resulting in approximately 150 flats per acre. This high density raises concerns about a 'concrete jungle' appearance, potential chaos, intense competition for resources, and the feeling of living in a middle-class community rather than a luxurious one.
The density is a concern; it looks more like social housing than premium apartments.
It's a highly dense project; you are going to land in a middle-class community with over 3000 families.
It literally looks like a concrete jungle, with way too many ugly-looking towers.
The mass housing includes this project with 3,700 flats, and other projects with similar numbers, all in one location.
With 148 apartments per acre and 3780 total units, there's nothing to feel good about.
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Some buyers have expressed skepticism about the sales process, alleging tactics like falsely claiming the project is 'sold out' to pressure first-time buyers. There are also claims that the developer, despite a government waiver on stamp duty, charges an equivalent 'infrastructure cost' or similar fees, effectively nullifying the benefit for buyers and retaining the funds. Additionally, reports suggest issues with transparency, such as random floor allotment for new bookings and a lack of clear information on all charges until later stages.
The developer is collecting back the waived stamp duty in the form of overcharging for amenities.
A sales person said for new tower bookings, floors would be randomly allotted by management, which is an unheard-of tactic.
Despite no stamp duty, the developer is charging an extra amount under a random label like infrastructure cost, making it the same.
It's not sold out; it's an old tactic to sell unsellable flats to first-time buyers.
The government waived off registration fees, but the developer takes it back in the form of infrastructure charges.
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There are persistent rumors and concerns that the project might be built on leasehold land (e.g., a 99-year lease) rather than freehold, particularly as it is part of a Technocity/SEZ land. This raises questions about the Undivided Share of Land (UDS) for buyers and the implications once the lease expires, potentially meaning future generations would not own the land or receive any value from it. While the developer's sales team denies this, some buyers seek official documentation for clarity.
Land appreciates faster than building, and it's uncertain if banks provide loans without proper UDS.
Once the lease gets over, future generations will not get any money since they technically don't own the land.
The land is SEZ land, so it's a lease.
The land goes back to the owner (whomever the land is leased to), and you won't get anything back.
If I am not wrong, the project is on a 99-year lease, and you don't get any UDS.
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The project's exterior design and overall aesthetics have received criticism, with some describing the buildings as 'ugly,' 'concrete jungle,' or resembling 'Singapore social housing' rather than premium apartments. While internal amenities and landscaping might be good, the external appearance, including color choices and elevations, is often seen as basic or aging quickly, especially when compared to neighboring luxury projects.
The developer's projects are very basic, with no good elevations or landscaping.
The buildings themselves ruined the first impressions, especially compared to a neighboring project.
It literally looks like a concrete jungle, with way too many ugly-looking towers.
The exterior color selection has always been terrible, sabotaging the project with wacky exterior paint choices.
Personally, the color and elevation of the building were not appealing.
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There are significant concerns about the long-term sustainability of water supply and the air quality in the area. The proliferation of numerous high-rise projects is feared to lead to a severe water crisis in the future, with current reliance on borewells and tankers already straining resources. Additionally, the area is noted as an industrial corridor, raising questions about air pollution.
A lot of new high-rises coming up in the area can cause a severe water crisis in the future.
Too many high-rises in the area raise concerns about water crisis; is the government considering future demand?
We are paying crores for poor water and air quality, sacrificing quality of life.
The area is an industrial corridor since 1983, so don't blame authorities about pollution; water sustainability is hopeless for years.
How many borewells will be needed for 10,000 flats in a 1 km radius? They will suck the groundwater table dry.
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While higher floors offer certain advantages, they also come with drawbacks. Residents on very high floors might experience heavy winds, extreme temperatures (too much heat or cold), and potential safety concerns in emergencies like a fire, given the challenge of evacuating many floors. There are also concerns about the number of lifts provided for such tall buildings and the lack of proper sunlight in corridors.
Avoid topmost floors because of heat, and avoid top 10 floors if they have terrace amenities, as kids can be loud.
As it's a very high floor, be ready to face heavy winds, too much heat, and too much cold.
In an event of fire, if you are okay climbing down 37 floors, then wait for another year.
It's questionable if the city has enough infrastructure to reach above the 30th floor in case of a fire accident.
The project provides only 5 lifts for a 40-floor building, with no proper sunlight in the corridor.
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There are allegations and rumors regarding the builder's land acquisition, with some suggesting it involved a 'scam' or shady deals during a previous government's tenure. There are also claims that some projects in the area, including this one, are 'in government mortgage' or have faced delays in final approvals, causing suffering for buyers. These unverified claims raise concerns about potential legal, financial, or reputational risks for the project.
An exposé alleges a scam in the Technocity, claiming associates took over the project from original partners via shady deals, which could lead to legal or financial issues.
Many projects inaugurated under a previous government, including this one, are stopped for 1.5 years due to government mortgage and lack of final approval.
It's believed the builder didn't even buy the land; it's some sort of scam done during a previous administration.
Isn't this the same property that's currently in a court case?
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