Prestige Golden Grove: Hyderabad's New 52-Floor Township
Prestige Estates Projects Ltd
PRESTIGE
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Introduction to Hyderabad's New Landmark
The Prestige Group, a leading real estate developer in India, has announced its flagship project for 2026, Prestige Golden Grove, located in the high-growth corridor of Velimela, Hyderabad. This expansive residential township marks a significant addition to the city's skyline, featuring some of the tallest residential towers in the Tellapur-Kollur region. The project, which secured its RERA approval on April 2, 2026, is designed to cater to the demand for luxury urban living.
Project Unveiled: A Sky-View Township
Prestige Golden Grove is a large-scale development spread across 28.7 acres. The master plan includes 10 iconic high-rise towers, each soaring to 52 floors above a 2-level basement and 3 levels of parking. This forest-themed integrated township will house a total of 5,120 luxury apartments, termed "Sky-Villaments." The design emphasizes spaciousness and exclusivity, with only eight to ten apartments per floor in each tower, ensuring privacy and comfort for residents.
Strategic Location and Connectivity
The project is strategically situated in Velimela, off the Tellapur-Kollur Exit 2 of the Nehru Outer Ring Road (ORR). This location offers excellent connectivity to major IT hubs, business districts like Gachibowli and HITECH City, and the Rajiv Gandhi International Airport. A key highlight is its proximity to the 3,500-acre lush green campus of ICRISAT, providing residents with unobstructed forest views and a tranquil environment away from the city's core congestion.
Configuration, Sizing, and Price Points
Prestige Golden Grove offers a variety of configurations to suit different family sizes and preferences, including 2, 3, and 4 BHK units. The apartment sizes are generous, ranging from 1,140 square feet to 2,950 square feet. At its pre-launch phase, the entry price for a 2 BHK unit was set at ₹1.03 Crore, with a per-square-foot rate of approximately ₹8,500. The pricing structure is designed to be competitive for both salaried professionals and business-class investors looking for premium properties.
Project Specifications at a Glance
To provide a clear overview, the key details of Prestige Golden Grove are summarized below. This data reflects the project's scale and official regulatory status as of April 2026.
The Developer: Prestige Group's Legacy
With a legacy spanning four decades, the Prestige Group has established itself as one of India's most trusted real estate developers. The company has completed over 300 projects and was ranked as the top developer by sales value in 2026. Prestige Group has an aggressive growth plan, with announced project launches worth over ₹42,000 Crore for the 2026 fiscal year across major cities like Mumbai, Hyderabad, and Pune. The firm's strong track record suggests a commitment to quality construction and timely delivery.
Market Context: Hyderabad's Real Estate Landscape
Hyderabad's real estate market has seen significant growth, partly due to favorable state policies like the unrestricted Floor Space Index (FSI). This policy allows developers to build taller structures, maximizing land use and enabling the creation of large-scale, high-rise communities like Prestige Golden Grove. The demand for premium housing in well-connected suburban corridors like Tellapur-Kollur continues to rise, driven by the expansion of the IT sector and infrastructure development.
Investment Analysis
From an investment standpoint, Prestige Golden Grove presents a notable opportunity. The project is located in an upcoming high-growth area, ensuring potential for capital appreciation. The developer's brand reputation adds a layer of security and is historically associated with a 15-20% rental premium. The project's scale, modern amenities, and unique proposition of forest views make it an attractive option for both end-users and long-term investors. The phased possession schedule also allows for structured financial planning.
Conclusion: A New Benchmark for Hyderabad Living
Prestige Golden Grove is set to become a defining residential landmark in West Hyderabad. Its combination of towering architecture, extensive green spaces, strategic location, and the backing of a reputable developer positions it as a premier address. As the project moves from its pre-launch phase to full-scale construction, it is expected to set a new benchmark for luxury community living in the city, blending urban convenience with natural tranquility.
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