The lake-view property of 11 acres was bought by a group of 600 professionals, mostly from Microsoft. Tellapur is the only area allocated for high-rise skyline when ORR project was conceived. As these land parcels were accumulated from small individual farmers, there were small streams connecting these fields to the lake. The overflow canal (called nala) ran through this 11 acre plot. While the project approval was given, to facilitate overflowing water, Induscrest has designated a part of the land, 9-metre wide throughout the length in east-west direction, adjoining the lake as nala which was duly approved by the planning authority of the erstwhile Andhrapradesh state.After formation of the Telangana state, vested interests filed a case showing the Full Reservoir level and the adjoining property as a threat to greenery. The case went on for long and was disposed by the National Green Tribunal in October 2020. Two towers with 240 flats are already occupied since the year 2016. Due to the overflowing of lake in the year 2020 and inundation of the parking area in basement 2, the permission for the subsequent 3 towers are kept in abeyance. However, resale of many flats in these 2 towers have been happening during the last many months. As there is no legal encumbrance, all the banks and financial institutions are continuing to extend loan for the flats. This flat is still having an outstanding loan with HDFC and the bank has agreed to transfer the loan to the new owner, if required.

All the flat owners have contributed to the construction of a new retaining wall costing about Rs 1 Crore to cover the opening in the basements. The construction of this wall is almost complete and is expected to be completed by 10th July 2021.The basements are well-lit and well ventilated. Two parking lots are given to each flat and guest vehicle car parking spaces are available in the basements.42,000 sq ft Club house is equipped with gym, banquet hall and indoor games area. There is a mini store that opens from morning till night daily. A vegetable vendor comes twice weekly and spreads the shop since morning till night near the Club house. Daily yoga and Satsangh happen in the Clubhouse.

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Abhirami Krishna Moorthi
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