Prestige Estates Projects Limited has officially launched Prestige Golden Grove, a massive residential township located in Tellapur, Hyderabad. Spanning 28.6 acres, the project features 5,120 units with a total saleable area of 10.36 million square feet. With an estimated Gross Development Value (GDV) of ₹9,500 crore, the development offers 2 to 4-bedroom configurations and aims to cater to the growing demand in Hyderabad’s thriving IT corridors.
Expanding Residential Footprint
On April 3, 2026, Prestige Estates announced the launch of its latest large-scale residential community, Prestige Golden Grove. Situated in the rapidly emerging residential hub of Tellapur, this development is set to become one of the largest residential projects in Hyderabad. The project represents a major milestone in the company’s ongoing strategy to expand its portfolio in high-growth urban markets across India.
Project Details and Specifications
The township is built on 28.6 acres of land and offers a substantial total saleable area of ~10.36 million square feet. The residential units are designed to accommodate a diverse range of buyers, offering 2, 3, 3.5, and 4-bedroom homes. Additionally, the project includes specialized 4-bedroom residences equipped with staff accommodation. The unit sizes range from 1,169 sq. ft. to 3,013 sq. ft., with estimated ticket sizes between ₹1 crore and ₹3 crore.
Strategic Market Positioning
Mr. Irfan Razack, Chairman and Managing Director of Prestige Group, noted that Hyderabad remains a pivotal market for the company. The city’s robust economic base and ongoing infrastructure growth continue to drive steady demand. By leveraging its expertise in creating integrated townships, the company aims to meet the evolving aspirations of homebuyers in the region.
Company Growth and Legacy
As of December 2025, the Prestige Group has built an impressive track record, having delivered 313 projects totaling 206 million square feet. The company continues to maintain a strong development pipeline, currently managing 128 projects spanning 195 million square feet across various Indian cities, reinforcing its position as a leading diversified real estate developer.
Source: BSE
