Prestige Estates Projects Limited has announced the launch of Prestige Golden Grove, marking one of the largest residential developments in Hyderabad. Located in Tellapur, a rapidly emerging residential hub, this mega township represents a significant expansion of the company's presence in the Hyderabad market.

Project Overview and Scale

Prestige Golden Grove stands as a large-scale residential community designed to cater to diverse homebuyer requirements. The project specifications demonstrate the substantial scope of this development:

Unit Specifications and Pricing

The township offers a comprehensive range of residential options to accommodate various buyer segments. Unit sizes span from 1,169 sq. ft. to 3,013 sq. ft., providing flexibility for different family requirements. The ticket sizes range between ₹1 crore and ₹3 crore approximately, positioning the project to serve a broad spectrum of homebuyers in the Hyderabad market.

The variety of configurations includes 2, 3, 3.5, and 4-bedroom homes, along with specialized 4-bedroom residences featuring staff accommodation for enhanced convenience.

Strategic Location and Market Position

Tellapur has emerged as a preferred residential destination due to its strategic advantages. The location offers proximity to Hyderabad's key IT corridors while maintaining access to well-developed social infrastructure. This positioning aligns with the growing demand from professionals and families seeking balanced urban living.

Prestige Golden Grove is designed to offer a comprehensive lifestyle experience, combining modern design principles with open spaces and amenities aimed at enhancing everyday living for residents.

Management Commentary

Chairman and Managing Director Irfan Razack highlighted the strategic importance of this launch, stating that Hyderabad remains a key market where the company has established a strong position over the years. He emphasized that the city continues to demonstrate steady demand supported by infrastructure growth and a robust economic base.

Razack noted that Prestige Golden Grove builds on this momentum as Hyderabad's largest development in Tellapur, designed to align with the evolving aspirations of homebuyers. He reaffirmed the company's commitment to disciplined execution and delivering quality developments throughout the project lifecycle.

Company Portfolio and Track Record

Prestige Group maintains its position as one of India's most respected and diversified real estate developers, with a legacy spanning almost four decades. The company's portfolio encompasses residential, commercial, retail, hospitality, and integrated townships across major cities.

As of December 2025, this substantial development capacity demonstrates the Group's market presence and ability to execute large-scale projects across multiple segments.

Prestige Estates Projects Limited has secured a strategic land parcel in Gurugram through a co-group partnership arrangement, marking another significant expansion in the National Capital Region (NCR). The acquisition demonstrates the company's continued focus on prime locations with strong infrastructure connectivity and growth potential.

Land Acquisition Details

The company has entered into a Joint Development Agreement (JDA) for the land parcel located in Sector 92, Gurugram. The acquisition represents a substantial addition to Prestige Group's NCR portfolio, positioning the developer to capitalize on the region's growing residential demand.

Strategic Location Advantages

The land parcel benefits from its strategic positioning in Sector 92, Gurugram, with close proximity to the Dwarka Expressway. This location offers several key advantages:

• Enhanced connectivity to key business districts
• Improving infrastructure in the surrounding area
• Growing residential demand in the micro-market
• Long-term development potential

The project is envisaged as a modern, thoughtfully planned residential community that aligns with Prestige Group's established focus on quality development and execution excellence.

Management Commentary

Mr. Irfan Razack, Chairman and Managing Director, Prestige Group, emphasized the strategic nature of this acquisition: "This addition in Gurugram aligns with our broader strategy of strengthening our presence across key markets such as the NCR. While the region continues to see steady demand, we remain measured in our approach, focusing on locations with improving infrastructure and long-term potential. As always, we remain focused on disciplined execution and timely delivery, which continues to be appreciated by our customers and partners."

Mr. Ajay Munot, Founder, Eka Life, representing the landowners M/s Sare Gurugram Private Limited (JV of Eka-KGK-Dhoot), shared his perspective on the partnership: "This strategic land parcel presents a compelling development opportunity, and we are excited about our partnership with Prestige Group. We are confident in their ability to execute, and their approach to planning and development aligns well with the potential of this location. We believe this project will contribute meaningfully to the micro-market and create long-term value for all stakeholders."

Company Portfolio Strength

Prestige Group maintains its position as one of India's most respected and diversified real estate developers, with a legacy spanning almost four decades. The company's portfolio encompasses residential, commercial, retail, hospitality, and integrated townships across major cities.

This Gurugram acquisition is expected to further enhance Prestige Group's residential portfolio in NCR and reflects the company's continued focus on expanding across key urban markets with a calibrated and execution-led approach.