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Prestige Group, a distinguished real estate developer based in Bengaluru, is set to make a substantial impact on Hyderabad's skyline with its visionary project - Prestige City Hyderabad. This colossal mixed-use township, spanning an expansive 64 acres and requiring an investment of Rs 5,000 crore, promises to redefine the city's urban landscape. The Prestige City Hyderabad project is slated for completion within the next four years and is expected to yield a remarkable gross development value of Rs 8,000 crore.
Prestige City Hyderabad is an ambitious undertaking encompassing a diverse range of elements designed to create a vibrant and integrated urban ecosystem. The project is spread across 33 acres and offers a saleable area of 9.6 million sq ft, equivalent to 4,647 individual units. There are a total of 119 villas occupying 24 acres of the plot. A significant addition to the project is a retail mall that spans 7 acres and comprises a massive 1 million sq ft of space.
The development has been meticulously planned to offer residents an array of housing choices, catering to diverse preferences and needs. The project will feature a wide range of configurations, including 1 BHK, 2 BHK, 3 BHK, and 4 BHK units. This variety ensures that the township caters to individuals, couples, and families, creating a dynamic and inclusive living environment.
With an investment of Rs 5,000 crore, it contributes substantially to the region's economy, generating employment opportunities and stimulating economic growth. Moreover, the projected gross development value of Rs 8,000 crore highlights the positive economic impact this project will have on Hyderabad. It is expected to attract further investments and create a ripple effect in the local real estate sector.
Prestige Group has a distinguished track record of delivering high-quality real estate projects across India. Their commitment to innovation, sustainability, and customer-centric design has earned them a strong reputation in the industry. Prestige City Hyderabad is a testament to their dedication to excellence and their vision for urban development.
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