Prestige Golden Grove Hyderabad clocks ₹2,500 Cr in early sales
Prestige Estates Projects Limited announced a strong response to its recently launched residential project, Prestige Golden Grove, in Hyderabad. The project, one of the largest single-phase developments in the city, saw over 4,000 customer footfalls. Within two weeks of launch, the company achieved sales of over 1,700 units, translating to a total sales value exceeding ₹2,500 crore. Strategically located in Tellapur, the ~29-acre development comprises approximately 5,120 units across 10 towers, with an estimated gross development value (GDV) of ~₹9,500 crore. The strong early traction underscores sustained homebuyer demand and reflects customer confidence in well-located, thoughtfully designed residential developments in Hyderabad.
Key Highlights
- Prestige Golden Grove project in Hyderabad achieved ₹2,500 Cr in early sales.
- Over 1,700 units were sold within two weeks of the project's launch.
- The project has an estimated Gross Development Value (GDV) of ~₹9,500 crore.
- Strong customer footfalls indicate robust demand in the Hyderabad real estate market.
- Hyderabad remains a key market for Prestige Group's expansion plans.