It has been barely two weeks since Prestige launched its latest residential project in Hyderabad, and the numbers are already hard to ignore. Prestige Golden Grove — a large-scale housing development in Tellapur, near Kollur — has clocked over 1,700 unit sales, translating to a total sales value of more than ₹2,500 crore. For context, this is one of the strongest early-sales performances ever recorded for a housing project in the city.
The milestone was disclosed in a regulatory filing by Prestige, which also highlighted that the project drew over 4,000 customer footfalls during the launch — among the highest for any residential launch in Hyderabad’s recent history.
Prestige Golden Grove Hyderabad: What the Project Offers
Situated in Tellapur, close to the established micro-market of Kollur, the Prestige Golden Grove location puts it in one of Hyderabad’s most actively developing residential corridors. The project spans approximately 29 acres and is being developed as a single-phase residential development — which in itself makes it one of the largest of its kind in the city.
Prestige Golden Grove apartments are spread across 10 towers, totalling approximately 5,120 units. The total estimated gross development value (GDV) of the project stands at around ₹9,500 crore — a figure that underscores both the scale and the ambition behind this launch.
For home buyers evaluating the Prestige Golden Grove Kollur micro-market, the appeal is clear: a well-located address in an infrastructure-rich zone, backed by a developer with a strong track record of delivery.
Prestige Golden Grove at a Glance
| Project Detail | Information |
| Project Name | Prestige Golden Grove |
| Location | Tellapur (Kollur), Hyderabad |
| Total Area | ~29 Acres |
| Total Units | ~5,120 Units across 10 Towers |
| Gross Development Value (GDV) | ~₹9,500 Crore |
| Units Sold (Within 2 Weeks) | Over 1,700 Units |
| Sales Value (Within 2 Weeks) | Over ₹2,500 Crore |
A Prestige Kollur Project Built for Today’s Buyer
The strong response to the Prestige Kollur project is not purely a story of location. It also reflects a broader trend: buyers are returning to large, integrated residential communities that offer quality at justifiable price points. The company has positioned this development squarely in that sweet spot.
The regulatory filing noted that the encouraging response reflects “continued customer interest and confidence in well-located, thoughtfully designed residential developments” — a sentiment that resonates with what many home buyers in Hyderabad have been seeking, particularly in the wake of improved infrastructure connectivity and a growing employment base in the western corridor.
The Tellapur-Kollur stretch has seen consistent demand driven by its proximity to the financial district, the IT hubs of Gachibowli and Nanakramguda, and improving road and metro connectivity. A project of the size and pedigree of Prestige Golden Grove Hyderabad arriving in this corridor has unsurprisingly met with serious buyer interest.
Prestige’s Bigger Picture: Record Sales and an Ambitious Road Map
Hyderabad may be the latest success story, but it is part of a much larger growth narrative for Prestige. The Bengaluru-headquartered developer has delivered 300+ projects covering 200+ million square feet to date, and currently has a pipeline of 100+ projects comprising ~200 million square feet — numbers that place it firmly among India’s top-tier residential developers.
Looking ahead, the company has set a target of ₹50,000 crore in home sales by FY29-30, which would be nearly three times the current figure. It is an ambitious target, and one that the recent trajectory suggests may not be as far-fetched as it sounds.
Sales Growth and Expansion Snapshot
| Metric | FY 2025-26 | Target FY 2029-30 |
| Sales Bookings | ₹30k Crore | ₹50k Crore |
| Units Sold | 11k Units | — |
| YoY Growth | 76% | ~3x |
| Projects Delivered | 313 Projects (cumulative) | — |
| Cities Present | 13 Cities | Adding Pune, Gurugram, Noida |
New Cities, New Markets: Prestige Eyes Pune, Gurugram, and Noida
Already present across 13 cities, Prestige is not slowing its geographical expansion. The company is actively exploring entry into Pune, Gurugram, and Noida — three of India’s most active residential markets where it has not yet launched projects.
In a significant early move, Prestige has already secured a land parcel in Sector 92, Gurugram, through a Joint Development Agreement (JDA) covering a 17 acre plot — confirmed in a regulatory filing dated April 1. This is typically how Prestige lays the groundwork before a formal project launch, suggesting the Gurugram market entry may be closer than expected.
The company has also outlined a product strategy for these new markets, with a clear focus on the ₹2–3 crore segment, which it views as the core of genuine housing demand. Alongside this, it plans to pursue select premium and marquee developments in high-profile locations.
Hyderabad Remains Central to Prestige’s Growth Plans
While the new market entries are noteworthy, it is worth underlining that Hyderabad is not just a one-off success story for Prestige. The company has called Hyderabad an important and ongoing market, citing the city’s infrastructure growth and strong employment ecosystem as key demand drivers.
This positions the Prestige Golden Grove Hyderabad launch not just as a single transaction, but as a statement of long-term intent in the city. For buyers exploring the Prestige Golden Grove location or comparing it against other residential options in Hyderabad’s western corridor, the developer’s demonstrated commitment to the market adds another layer of confidence.
The numbers back the intent: over 1,700 homes sold, over ₹2,500 crore in sales, and 4,000-plus footfalls in under a fortnight. That is not momentum built on marketing alone — it is a signal of genuine, deep-seated demand meeting a well-executed product.
What This Means for Home Buyers
For anyone tracking the Hyderabad real estate market or evaluating large residential projects in the city, Prestige Golden Grove warrants close attention. As a Prestige Kollur project of this magnitude, it represents a rare convergence of location advantage, developer credibility, scale of development, and strong early validation from the market.
With nearly a third of units reportedly sold in just two weeks, buyers interested in Prestige Golden Grove apartments would do well to explore availability sooner rather than later. The trajectory of this launch — and Prestige’s wider growth story — suggests that projects of this calibre do not remain open for long.
As Prestige continues to expand its presence across India’s key urban centres, the pace and confidence with which it is moving signals a company at the height of its ambitions — and for home buyers evaluating their options, that may be one of the most compelling reasons to take a closer look.
Source: msn.com
Explore the recent projects by Prestige:
Prestige Gardenia Estate Phase 2, North Bangalore | Prestige Evergreen, Whitefield, Bangalore | Prestige City, Sarjapur, Bangalore | Prestige Golden Grove Tellapur, Hyderabad
