Announced Fri, 3 Apr · 18:41 IST
Prestige Estates launches 5,120-unit Hyderabad township with ₹9,500 Cr GDV
Business Updates View source PDF
PRESTIGE · price
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Price reaction · full curve 14 horizons · vs prior close
+5.8%1-day move
₹1152.50
prior close
₹1159.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.1-1.1-1.5-0.6+5.8+15.0+14.1+15.0+13.1+16.2+22.0+25.8+15.0+47.4
Up moveDown movePending
AI summary
Prestige Estates launched 'Prestige Golden Grove,' a 5,120-unit residential township in Tellapur, Hyderabad, spanning 28.6 acres with ~10.36 mn sq ft saleable area. Estimated Gross Development Value is ₹9,500 crore. Unit sizes range from 1,169 to 3,013 sq ft, with ticket sizes of ₹1–3 crore across 2, 3, 3.5, and 4 BHK configurations. The launch strengthens Prestige's Hyderabad presence. As of Dec 2025, the group delivered 313 projects covering 206 mn sft with a pipeline of 128 projects across 195 mn sft.
Likely market impact
Significant ₹9,500 Cr GDV project expands pipeline, reinforcing growth outlook in Hyderabad's residential market.