Prestige Golden Grove: A Deep Dive into Hyderabad's Rs 9,500 Crore Township

When one of India's most respected real estate developers commits Rs 9,500 crore to a single township project, the market listens. Prestige Group Hyderabad made that commitment official in early April 2026 with the announcement of Prestige Golden Grove, a large-scale residential development in Tellapur that is now firmly among the biggest launches in the city's history.

This is not a speculative plot of land at a city periphery. It is a fully planned, 28.6-acre township in West Hyderabad, one of the most demand-driven real estate corridors in the country. And the scale of the project, 5,120 homes with a saleable area of roughly 10.36 million square feet, signals something significant about where serious developers believe the Hyderabad real estate market 2026 is headed.

The project spans ten high-rise towers across the 28.6-acre site, rising 52 floors each. Configurations range from 2BHK through 3BHK, 3.5BHK and 4BHK apartments, including premium four-bedroom homes with dedicated staff accommodation.

Unit sizes run from 1,169 square feet on the compact end to 3,013 square feet for the larger homes. Ticket sizes fall between Rs 1 crore and Rs 3 crore, making the project accessible to a wide band of buyers. Young IT professionals looking for their first owned home, growing families seeking space, and investors tracking long-term appreciation in West Hyderabad can all find relevant options within that range.

The development has already received HMDA approval, which was confirmed in March 2026. The project includes two clubhouses totalling roughly 1,20,000 square feet, an Olympic-sized swimming pool, and a layout designed around approximately 80 percent open space. The master plan follows a perimeter arrangement of towers, preserving the central green core for common use.

Tellapur property was not always this attractive. A decade ago it was a quiet residential belt with limited connectivity and slow appreciation. Today it is a premium destination with average apartment rates running between Rs 7,500 and Rs 8,100 per square foot across the locality, and luxury towers commanding considerably more.

The transformation has a clear driver. Tellapur sits at the spillover point from the saturated IT hubs of Gachibowli and the Financial District. As those micro-markets pushed prices past Rs 10,000 to Rs 15,000 per square foot, buyers and investors began looking westward. Tellapur offered the same commute to the same employment centres via the Outer Ring Road, at lower entry prices. That gap has been narrowing steadily, and projects like Prestige Golden Grove are part of what is closing it.

From the site, Exit 2 of the ORR is roughly 1.5 kilometres away. The Financial District is under 15 minutes by signal-free ORR access. Schools including international institutions are within a few kilometres. Continental Hospitals, AIG Hospitals and other major healthcare facilities are accessible without crossing through the city's traffic-heavy inner zones. This combination of employment proximity, infrastructure maturity and relative pricing compared to Kokapet or Gachibowli is what makes Tellapur property investment increasingly compelling.

Hyderabad real estate has posted around 80 percent price growth over the past five years across the city, outpacing most other major Indian metros. Tellapur specifically has seen around 30 percent appreciation over the past three years. The western corridor, anchored by Gachibowli, Kokapet and Tellapur, is where the sharpest appreciation has been concentrated, with premium apartments in that belt now regularly commanding Rs 9,000 to Rs 15,000 per square foot.

Prestige Estates is not a developer that launches Rs 9,500 crore projects speculatively. The Bengaluru-headquartered group has built nearly four decades of delivery credibility across residential, commercial and retail developments. Its presence in Hyderabad has been building over the years, and this launch represents the group's most significant commitment to the city yet.

Irfan Razack, Chairman and Managing Director of Prestige Group, described Hyderabad as a key market supported by infrastructure growth and a strong economic base. The project, he noted, is built on disciplined execution with a focus on quality delivery across the project lifecycle. That language from a developer of this standing is meaningful.

The Hyderabad township story is not just about one launch. It is about Hyderabad asserting itself as a sustained, long-cycle market. In Q1 2025, office leasing in Hyderabad remained robust with tech sector demand intact. Residential demand for homes above Rs 1 crore has been growing as a share of overall transactions. Infrastructure investments including Metro Phase 2, the Regional Ring Road and ORR upgrades continue to open new corridors.

Prestige Golden Grove is a 5,120-unit, 28.6-acre Hyderabad township with a GDV of Rs 9,500 crore in Tellapur, offering luxury homes Hyderabad priced between Rs 1 and Rs 3 crore across 2, 3 and 4BHK configurations. The project reflects both Prestige Estates Hyderabad strategy to deepen its footprint in high-growth markets and the broader momentum of the Hyderabad real estate market 2026, where Tellapur property in West Hyderabad continues to attract premium developers and serious buyers looking at a corridor that offers IT connectivity, infrastructure maturity and price appreciation well supported by fundamentals.