Prestige Estates eyes Rs 9,500 crore revenue from new housing project in Hyderabad

New Delhi: Realty firm Prestige Estates Projects Ltd will develop a 29-acre large housing project in Hyderabad with an expected revenue of over Rs 9,500 crore, as part of its expansion plan.

The company has launched a new housing project, 'Prestige Golden Grove' at Tellapur, comprising 5,120 units.

The project, spread across 28.6 acres, will have a total saleable area of 10.36 million square feet and an estimated revenue potential of over Rs 9,500 crore, Prestige said in a regulatory filing on Friday.


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Ticket sizes range between Rs 1 crore and Rs 3 crore.

Irfan Razack, Chairman and Managing Director, Prestige Group, said: "Hyderabad has been a key market for us where we have already established a strong position over the years. The city continues to demonstrate steady demand supported by infrastructure growth and a robust economic base."

He said the company's focus remains on disciplined execution and delivering quality developments over the lifecycle of the project.

Prestige Group is one of India's leading real estate developers.

Also Read: Prestige Estates posts record pre-sales of ₹22,327 crore in 9M FY26, surpasses previous full-year peak

As of December 2025, the Group has delivered 313 projects spanning 206 million square feet and currently has a pipeline of 128 projects across 195 million square feet.