Prestige Estates Projects Limited has reported a strong market response to its newly launched residential project, Prestige Golden Grove, in Hyderabad. The project has generated early sales exceeding ₹2,500 crore, underscoring sustained demand in the real estate market.
Prestige Golden Grove, one of the largest single-phase developments in Hyderabad, witnessed over 4,000 customer footfalls, marking it as one of the most successful residential launches in the city. Within just two weeks of its launch, the company achieved sales of over 1,700 units, highlighting significant market interest and robust early traction.
Strategically located in Tellapur, the project spans approximately 29 acres and comprises around 5,120 units across 10 towers. The total estimated gross development value (GDV) of Prestige Golden Grove is approximately ₹9,500 crore. The development is designed to offer a blend of modern living, quality construction, and lifestyle amenities that align with evolving customer preferences.
Mr. Zayd Noaman, Executive Director of Prestige Group, commented on the project’s success: “We are pleased with the response to Prestige Golden Grove, which has been among our larger single-phase launches. The strong footfalls and early sales traction reflect the depth of demand for well-located, well-planned residential communities at the right price points. Hyderabad continues to be an important market for us, supported by infrastructure growth and a strong employment ecosystem, and we remain focused on bringing the right products to market as we expand our presence across key urban centres.”
Prestige Group, with a legacy of almost four decades, is one of India’s most respected and diversified real estate developers. The group’s portfolio spans residential, commercial, retail, hospitality, and integrated townships across major cities. As of December 2025, Prestige Group has delivered 313 projects spanning 206 million square feet and currently has a pipeline of 128 projects across 195 million square feet.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).