Prestige Estates launches ₹9,500 crore Golden Grove project in Hyderabad’s Tellapur

Prestige Estates Projects Ltd has further strengthened its presence in the Hyderabad residential market with the launch of its marquee project, Prestige Golden Grove, in Tellapur. With an estimated gross development value of more than ₹9,500 crore, the project marks one of the company’s largest premium residential launches in the city and underlines Hyderabad’s growing appeal as a key real estate investment destination.

Spread across 28.6 acres, the development will feature 5,120 residential units designed in multiple configurations, ranging from two-bedroom to four-bedroom homes. Apartment sizes are expected to range from 1,169 sq ft to 3,013 sq ft, catering to both end-users and investors looking for premium housing options in the western growth corridor of Hyderabad.

Tellapur has emerged as one of Hyderabad’s most sought-after micro-markets due to its strategic connectivity to the city’s IT and business hubs, including the Financial District, Gachibowli, and HITEC City. The location also benefits from improving social infrastructure, educational institutions, healthcare facilities, and retail developments, making it attractive for homebuyers.

The launch comes at a time when Hyderabad continues to witness steady demand for premium and mid-premium housing, supported by robust employment growth in the technology sector and ongoing infrastructure expansion. Industry observers believe projects of this scale could further strengthen the city’s residential supply pipeline in 2026 and beyond.

Prestige Estates has already established itself as a major player in South India’s real estate market, with a strong portfolio across Bengaluru, Chennai, Hyderabad, and other cities. The Golden Grove project is expected to contribute significantly to the company’s future sales bookings and revenue visibility.

The project also reflects growing developer confidence in Hyderabad’s real estate fundamentals, where demand for well-planned gated communities remains strong. With premium amenities and large-scale residential offerings, Golden Grove is likely to attract both local buyers and NRI investors seeking long-term capital appreciation.