Prestige Estates completes two residential projects in Hyderabad

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Reviewed by
Riya DScanX News Team
Key Highlights
  • Prestige Estates delivered 1,047 homes across two Hyderabad projects
  • Prestige Clairemont added 928 residences in Kokapet
  • Bellagio @ The Prestige City added 119 luxury villas in Rajendra Nagar
  • Total completed area in Hyderabad stands at 19 million sq ft as of June 2026
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Prestige Estates Projects has completed two residential projects in Hyderabad, delivering a total of 1,047 homes across both developments.

Project completion highlights

The completion of these two projects marks a significant addition to Prestige Estates' residential portfolio in Hyderabad. The combined delivery of 1,047 homes underscores the company's continued presence in one of India's key real estate markets. The specific projects are Prestige Clairemont in Kokapet and Bellagio @ The Prestige City Hyderabad at Rajendra Nagar.

Detail Description
Number of projects completed 2
Location Hyderabad
Total homes delivered 1,047
Project 1 Prestige Clairemont (928 residences)
Project 2 Bellagio @ The Prestige City (119 villas)

Hyderabad has remained an active market for residential real estate, and the completion of these two projects reflects Prestige Estates' ongoing activity in the region. The delivery of over a thousand homes across two projects represents a notable milestone for the company's operations in the city.

Project specifics

Prestige Clairemont, located in Neopolis, Kokapet, is a premium residential development spread across 7.56 acres. It comprises 928 residences across four towers with a total developable area of 3.29 million sq ft. The project offers 3 and 4 BHK residences designed with spacious layouts and lifestyle amenities.

Bellagio @ The Prestige City Hyderabad is the villa component of the larger integrated development at Rajendra Nagar. Spread across approximately 24 acres, it comprises 119 luxury villas in a low-density enclave overlooking Mulagund Lake. The developable area for this component is 0.81 million sq ft.

Company presence in Hyderabad

The company maintains a presence across key micro-markets in Hyderabad, including Tellapur, Hi-tech city, Financial District, Kokapet, Rajendra Nagar, and Budvel. Its projects span Residential, Office, Retail, and Hospitality sectors.

As of June 2026, Prestige Estates had completed 19 million sq ft of developable area across 10 projects in Hyderabad, with another 15 projects spanning 46 million sq ft in various stages of construction and planning. This completion further strengthens its growing footprint in the city.

Historical Stock Returns for Prestige Estates Projects

1 Day5 Days1 Month6 Months1 Year5 Years
+0.19%-0.36%-6.51%+31.80%-1.68%+202.48%

How will the delivery of 1,047 homes impact Prestige Estates' revenue recognition and cash flow in the upcoming quarters?

What is the current sales absorption rate for the remaining inventory in the 15 ongoing projects in Hyderabad?

How does the completion of these projects influence Prestige Estates' market share relative to competitors in Hyderabad's premium residential segment?

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Prestige Estates Projects provides ₹400 crore loan guarantee for subsidiary

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Prestige Estates Projects has provided a ₹400 crore loan guarantee for subsidiary Prestige Hospitality Ventures
  • The guarantee covers a loan facility of ₹400 crore
  • The arrangement reflects the parent company's financial support for its hospitality arm
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Prestige Estates Projects has provided a ₹400 crore loan guarantee in favour of its subsidiary Prestige Hospitality Ventures.

Guarantee details

The corporate guarantee extended by Prestige Estates Projects covers a loan facility of ₹400 crore for Prestige Hospitality Ventures. The arrangement reflects the parent company's financial support for its hospitality subsidiary.

Parameter Details
Guarantee amount ₹400 crore
Beneficiary Prestige Hospitality Ventures
Type Loan guarantee
Provided by Prestige Estates Projects

Historical Stock Returns for Prestige Estates Projects

1 Day5 Days1 Month6 Months1 Year5 Years
+0.19%-0.36%-6.51%+31.80%-1.68%+202.48%
Disclaimer: This article is AI-generated using data from LiveSquawk. ScanX is not liable for any inaccuracies.

What specific hospitality projects or expansions will the ₹400 crore loan facility fund for Prestige Hospitality Ventures?

How might this additional contingent liability impact Prestige Estates Projects' credit rating and future borrowing capacity?

What is the current debt-to-equity ratio of Prestige Hospitality Ventures, and how will this new facility alter its financial leverage?

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1 Year Returns:-1.68%