Home/hyderabad/Osman Nagar/DIVINE SPACE

DIVINE SPACE

DIVINE HOMES

9 Towers · G + 12 Floors

RERA VerifiedUnder ConstructionMid
DIVINE SPACE

Developer

DIVINE HOMES

RERA ID

P01100005787

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RERA-Registered Project Data

RERA Verified

Total Units

882

Total Towers

9

Floors

G + 12

Unit Sizes

1,135–9,980 sqft

Price

Contact for details

Possession

Dec 2026

RERA Status

Under Construction

Price Intelligence

Based on Osman Nagar corridor data

₹7,300–7,499/sqft
Osman Nagar corridor
Corridor range: ₹9,400–12,200/sqft
+20%+ p.a. appreciation

Estimated Unit Cost

₹1.25 Cr₹1.28 Cr

avg unit 1,713 sqft (SBA)

By Configuration

2 BHK (Standard)1,230–1,335 sqft₹0.92–1.00 Cr
3 BHK (Standard)1,360–2,195 sqft₹1.02–1.65 Cr

All-in Cost Estimate

Base: ₹0.921.65 Cr (by config)
+ 20–22% (stamp duty, GST, corpus, PLC)
1.10 – ₹2.01 Cr all-in

≈ ₹7,3007,499/sqft all-inclusive. Consult advisor for floor-wise pricing.

Live Market Intelligence

Real-time data from the market

Updated 35d ago

Developer Asking Price

6,900–7,000/sqft

Direct from developer

Resale Market

6,800–7,249/sqft

Secondary market transactions

Price Trend

→ Stable

Based on recent transactions

Construction Progress

0 of 9 towers at advanced stage

Buyer Sentiment: Positive

Key Updates

Construction 75% complete as of January 16, 2026 (Housiey)

236 out of 883 units booked as of October 2025 (Square Yards)

71 registered sales transactions totaling ₹43 Cr till January 2026 (Square Yards)

Phase 1 handover target December 2025, Phase 2 December 2026

Common Buyer Questions

Configurations & Unit Mix

2 BHK
Standard
1,230–1,335 sqft
₹0.92 Cr – ₹1.00 Cr
3 BHK
Standard
1,360–2,195 sqft
₹1.02 Cr – ₹1.65 Cr

About This Project

Divine Space, a new residential project by Divine Homes Hyderabad, offers thoughtfully designed 2 and 3 BHK apartments in the thriving locality of Tellapur. This development promises a modern lifestyle with a focus on green living, boasting 65% open space and a host of premium amenities.

WESTSIDE VIEW

Westside Realty's Expert Review of Divine Space Divine Space by Divine Homes Hyderabad is a promising residential project located in Tellapur, one of West Hyderabad's most rapidly developing suburbs. Its strategic location near the Outer Ring Road provides excellent connectivity to the Financial District and HITEC City, making it a compelling choice for IT professionals and families. Pros: • Excellent Green Space: With 65% of the project area dedicated to open spaces and landscaped gardens, it offers a refreshing and healthy living environment. • Comprehensive Amenities: The project boasts a large 40,000 sq. ft. clubhouse and a wide range of facilities including a mini theatre, swimming pool, and sports courts, catering to all age groups. • Thoughtful Design: The emphasis on independent walls for privacy and provisions for modern needs like electric car charging points are commendable. • Investment Potential: Tellapur is a high-growth corridor, and the project's competitive pricing for its segment suggests good potential for capital appreciation by its 2026 completion date. Potential Considerations: • Under Construction: As the project is slated for completion in December 2026, buyers should be prepared for a waiting period. • Developing Infrastructure: While Tellapur is growing fast, some of the surrounding social infrastructure is still in the development phase compared to more established localities. Overall, Westside Realty views Divine Space as a solid investment for both end-users and investors seeking a quality lifestyle in a location poised for significant future growth.

Ideal For
Mid-to-senior IT professionals banking on proposed Osman Nagar IT Park
Project Segment
Mid
RERA Status
RERA Registered

Westside Expert Analysis

Our advisors' assessment of this project

Primary Differentiator

Luxury specs at mid-segment price — 40,000 sqft clubhouse; Roca/Kohler/Toto sanitary with Legrand/Schneider electricals at just ₹7,300/sqft; 65% open space; 876 units across 9 towers; staggered handover Dec 2025-Dec 2026

Best Suited For

Mid-to-senior IT professionals banking on proposed Osman Nagar IT Park

Project Segment

Mid

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5-Year Outlook

AI Projection

5-Year Appreciation

35%–40%

Estimated range

Annual CAGR

12%–16%

Corridor average

Rental Yield

3.5–4.5%

AI estimate · verify locally

Bull Case

Bull (2030): Osman Nagar becomes premium lake-belt destination. Mixed-use development from 48-acre auction creates retail/office hub. Metro operational. Projected price: ₹14,000-16,000/sqft. Total returns: 40-55% over 4 years.

Bear Case

Bear (2030): HYDRA enforcement restricts some developments. Metro delays. Prices stagnate at ₹10,500-11,500/sqft as oversupply absorbs slowly. Total returns: 5-15% over 4 years.

Amenities & Lifestyle

40,000sq ft Clubhouse
Sports & Recreation
Squash courtIndoor games
Signature Amenities
40,000 sqft clubhouseMini theaterYoga/meditation hallWooden-color bedroom tilesRoca/Kohler/Toto sanitaryJaquar CP fittingsLegrand/Havells/Schneider switches1KVA DG per unitHydro-pneumatic systemSolar power fencing

Location & Connectivity

Distances, connectivity, and neighbourhood context

View on Google Maps →
Financial District12 km
HITEC City18 km
Airport33 km
MetroSame Metro Phase 2 corridor as Tellapur. Osman Nagar stations expected on the Raidurg-Kokapet-Tellapur line.
Key RoadsNehru ORR, Osman Nagar-Tellapur Connector
ORR ExitsKollur/Tellapur
Osman Nagar
₹9,400–12,200/sqft
+20% YoY appreciation

Location Highlights

Orangee School Of Excellence - 2.2 km
Kakatiya Hospital - 3.6 km
University of Hyderabad - 5.1 km
Nehru Outer Ring road - 6.5 km
Telapur Junction - 7.7 km
Financial District - 10.2 Km
Gachibowli Stadium - 11.6 km
Raidurg Metro Station - 14.2 km
Kohinoor IT Park - 14.6 km
Rajiv Gandhi International Airport - 32.5 km
View Osman Nagar market report →

About the Developer

D
DIVINE HOMES
15Years Active
12Total Projects
7Est. Delivered

Divine Homes is a well-established and trusted real estate developer in the Hyderabad market, operating for over a decade. They specialize in crafting quality residential communities, focusing primarily on the mid-to-high segment in fast-growing micr...

View all DIVINE HOMES projects →

Market Intelligence

Bull Case
Bull (2030): Osman Nagar becomes premium lake-belt destination. Mixed-use development from 48-acre auction creates retail/office hub. Metro operational. Projected price: ₹14,000-16,000/sqft. Total returns: 40-55% over 4 years.
Base Case
Base (2030): Steady appreciation as infrastructure completes. Lake-view premium sustains. Projected price: ₹12,000-14,000/sqft. Total returns: 20-35% over 4 years.
Bear Case
Bear (2030): HYDRA enforcement restricts some developments. Metro delays. Prices stagnate at ₹10,500-11,500/sqft as oversupply absorbs slowly. Total returns: 5-15% over 4 years.
Risk Factors
Multiple FTL and buffer zone investigations active. Projects near Osman Nagar lakes face scrutiny. Only RERA+HMDA approved projects are safe.
Outages reported; govt upgrading grid but not yet completed for high-density load.
Narrow connector roads remain bottleneck despite ORR access. Widening planned but not completed.
Lower completion ratio (12%) than Tellapur (14%). More builder variety = more due diligence needed.
Growth Catalysts
48-acre govt land auction (₹39-50 Cr/acre)
Metro Phase 2 stations
Boutique IT parks in Osman Nagar
Lake-view premium positioning

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Frequently Asked Questions

Common questions about this project

DIVINE SPACE is priced between ₹0.92 Cr and ₹1.65 Cr depending on the configuration. All-in costs including PLC, EDC, IDC, GST, and registration typically add 18–22% to the base price.