What is the name of the new housing project launched by Prestige Estates in Hyderabad?

The new housing project launched by Prestige Estates in Hyderabad is named 'Prestige Golden Grove'.

What is the estimated revenue potential for Prestige Golden Grove?

The estimated revenue potential for Prestige Golden Grove is over Rs 9,500 crore.

How many units will Prestige Golden Grove offer and what is the price range?

Prestige Golden Grove will offer 5,120 units with ticket sizes ranging between Rs 1 crore and Rs 3 crore.

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Hyderabad Housing Boom: Prestige Unveils Mega Project

4 Apr

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Summary

Prestige Estates is developing a 29-acre housing project in Hyderabad.
The project, 'Prestige Golden Grove', has an estimated revenue of over Rs 9,500 crore.
It features 5,120 units with ticket sizes ranging from Rs 1 crore to Rs 3 crore.

Hyderabad Housing Boom: Prestige Unveils Mega Project

Prestige Estates Projects Ltd has launched 'Prestige Golden Grove', a large-scale housing development in Hyderabad's Tellapur area. This project spans 28.6 acres and is set to comprise 5,120 residential units. The company anticipates a revenue potential exceeding Rs 9,500 crore from this venture. Unit prices are expected to range from Rs 1 crore to Rs 3 crore.

Hyderabad has been identified as a crucial market for Prestige Group, with the company citing steady demand driven by infrastructure development and a strong economic base. This expansion aligns with the company's strategic growth plans. Prestige Group, a prominent Indian real estate developer, currently manages a substantial pipeline of projects across the country.

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