Prestige Golden Grove Project in Hyderabad Achieves ₹2,500 Crore in Sales
Prestige's Golden Grove project in Hyderabad records sales of Rs 2,500 cr
Business Standard
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Prestige Estates Projects' new residential venture, Prestige Golden Grove in Tellapur, Hyderabad, has recorded sales exceeding ₹2,500 crore (approximately $300 million USD) within two weeks of its launch. The project attracted over 4,000 visitors and sold 1,700 units, reflecting strong demand for quality housing in the area.
- 01Prestige Golden Grove achieved sales of over ₹2,500 crore in just two weeks.
- 02The project attracted more than 4,000 customer visits, indicating high market interest.
- 03Located in Tellapur, it spans approximately 29 acres with 5,120 units across 10 towers.
- 04The total estimated gross development value of the project is around ₹9,500 crore.
- 05The project aims to meet evolving customer preferences with modern amenities and quality construction.
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Prestige Estates Projects has reported impressive sales figures for its newly launched Prestige Golden Grove residential project in Tellapur, Hyderabad. The project, which is one of the largest single-phase developments in the city, recorded sales exceeding ₹2,500 crore (approximately $300 million USD) within just two weeks of its launch. With over 4,000 customer footfalls, it marks one of the highest responses for a residential launch in Hyderabad. The project comprises around 5,120 units spread across 29 acres and is designed to offer modern living spaces with quality construction and lifestyle amenities. The total estimated gross development value (GDV) of Prestige Golden Grove is approximately ₹9,500 crore, reflecting the company's commitment to meeting the growing demand for well-located residential developments in the city.
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The strong sales performance of Prestige Golden Grove indicates a robust demand for residential properties in Hyderabad, which could lead to increased investment in the local real estate market.
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