Prestige's Golden Grove project in Hyderabad records sales of Rs 2,500 cr

Prestige Estates Projects announced a strong response to its recently launched residential project, Prestige Golden Grove, in Hyderabad, underscoring sustained homebuyer demand in the market. The project, one of the largest single-phase developments in Hyderabad, witnessed over 4,000 customer footfalls, among the highest seen for a residential launch in the city, highlighting significant market interest.

Within two weeks of launch, the Company achieved sales of over 1,700 units, translating to a total sales value exceeding Rs 2,500 crore, reflecting robust early traction. The encouraging response reflects continued customer interest and confidence in well-located, thoughtfully designed residential developments.

Strategically located in Tellapur, Prestige Golden Grove is a large-scale residential development spread across ~29 acres, comprising approximately 5,120 units across 10 towers, with a total estimated gross development value (GDV) of ~Rs 9,500 crore. The project has been conceptualised to offer a blend of modern living, quality construction, and lifestyle amenities aligned with evolving customer preferences.