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Prestige Estates Sells 1,700 Units in Hyderabad Within Two Weeks: What the Numbers Mean

Summary

Prestige Estates' Hyderabad launch, Golden Grove, sold 1,700 units (Rs 2,500 crore) in two weeks, showcasing robust demand. This unprecedented success highlights Prestige's market strength and Hyderabad's thriving real estate sector.

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June 13, 2026
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Introduction

There are launches and then there are events. When a developer moves over 1,700 housing units and crosses Rs 2,500 crore in sales within two weeks of opening bookings, it stops being a routine project announcement. It becomes a statement about the market itself.

That is precisely what Prestige Estates Hyderabad has achieved with its latest residential launch. The Prestige Golden Grove project in Tellapur crossed these figures within a fortnight of going live, drawing more than 4,000 customer footfalls during the same period. For anyone tracking Hyderabad real estate seriously, this launch deserves more than a passing glance.

What Prestige Golden Grove Actually Is

The project sits in Tellapur, in West Hyderabad, directly off the Nehru Outer Ring Road at Exit 2 near Kollur. It is developed by Prestige through a joint venture entity called Aspire Spaces Tellapur Pvt Ltd, in partnership with Swela Realty. RERA registration is confirmed under number P01100010708, and HMDA approval was granted in 2026.

Prestige Golden Grove Tellapur is spread across 28.6 acres and will house 5,120 residential units across 10 towers of up to 52 floors each. Apartment configurations cover 2 BHK, 3 BHK, and 4 BHK homes ranging from 1,169 square feet to 3,013 square feet. Launch pricing starts from Rs 93 lakh for a 2 BHK. Possession is targeted for March 2031.

At the current pace of bookings, the company expects the full project to generate an overall revenue of around Rs 9,500 crore. The 1,700 units sold in the first two weeks represent roughly a third of the total inventory.

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Why Tellapur Was the Right Location Call

West Hyderabad has been the city's most active residential growth belt for several years running. HITEC City, Gachibowli, and the Financial District cluster sit within a 7 kilometre radius of the project site, and the Outer Ring Road connection provides a signal-free drive to the Financial District in approximately 15 minutes.

For IT professionals working in this zone, Tellapur represents exactly the balance buyers in every major Indian city are chasing right now. Close enough to work to make daily commuting bearable. Far enough from the congested core to offer spacious living, greenery, and value.

The Prestige Golden Grove master plan dedicates over 80 percent of the site to open space, with an 11-acre central park and a dual clubhouse totalling 2,00,000 square feet of built amenity area. These are not cosmetic gestures. On 28.6 acres, 80 percent open space means roughly 22 acres of unbuilt ground available to 5,120 families.

The Broader Prestige Numbers Tell a Bigger Story

The Hyderabad launch sits inside a genuinely exceptional year for Prestige Group sales overall. During FY 2025-26, the company recorded its highest-ever annual sales bookings of Rs 30,024.5 crore. That is a 76 percent increase compared to the previous year. A total of 11,692 units were sold across all markets during the same period.

As of December 2025, the group had delivered 313 projects covering 206 million square feet and held a live pipeline of 128 projects across 195 million square feet. These are not numbers that belong to a company having a good quarter. They describe a developer operating at a fundamentally different scale than where it stood five years ago.

The company's Q1 FY26 alone clocked Rs 12,126.4 crore in sales, which represented 300 percent growth over the same quarter the previous year.

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What This Tells Us About Hyderabad's Housing Market

The speed of the Prestige Estates 2500 crore achievement in Hyderabad is the detail that should interest investors and homebuyers most. The city's residential market has been questioned at various points over the past two years for signs of overheating, but a brand-backed large-format launch moving this volume this fast suggests end-user demand remains structurally robust.

Hyderabad luxury housing demand is being driven by the same engine that has powered it for a decade: the continued expansion of IT employment in the western corridor, a relatively younger buyer demographic with strong income growth, and a property market that still offers meaningfully better value per square foot than Bengaluru or Mumbai for comparable quality.

Banjara Hills prices have risen 12 percent in 2025 and Gachibowli remains one of India's most active mid-premium leasing markets. The Prestige Golden Grove response confirms that this momentum has not softened at the point of sale.

Summary

Prestige Golden Grove Hyderabad selling over 1,700 units and crossing Rs 2,500 crore within two weeks of launch is the most compelling single data point to emerge from the city's residential market this quarter. With a full revenue potential of Rs 9,500 crore, RERA registration in place, and Prestige Group's FY26 record bookings of Rs 30,024.5 crore providing institutional backing, this luxury apartments Hyderabad project reflects both the strength of the Tellapur corridor and the continued appetite of serious buyers for well-located, branded Hyderabad real estate at scale.

Video will be embedded from: https://www.youtube.com/watch?v=ydrIPyJZfd4&t=94s

FAQ

What is Prestige Golden Grove and where is it situated?

Why is Tellapur considered a prime location for this development?

How does this Hyderabad success reflect on Prestige Group's overall performance?

What does this rapid sales pace suggest about Hyderabad's housing market?