Prestige Group Plans 64 Acre Mixed-Use Township In Hyderabad
Prestige Group, a real estate developer based in Bengaluru has plans to transform the skyline of Hyderabad with their project called Prestige City Hyderabad. This enormous mixed-use township covers an area of 64 acres. Requires an investment of Rs 5,000 crore. This expansive project carries a substantial investment of Rs 5,000 crore and will be spread across a sprawling 64-acre plot. With a development potential of 14 million sq ft, it promises to transform the city’s landscape. Prestige City Hyderabad is slated for completion within the next four years, projecting a remarkable gross development value of Rs 8,000 crore. This ambitious undertaking encompasses diverse elements, including apartments sprawling over 33 acres with a saleable area of 9.6 million sq ft, equating to 4,647 units. Furthermore, it will feature villas, occupying 24 acres and offering 0.8 million sq ft of saleable space, totalling 119 units. A significant addition to the project will be the development of a retail mall spanning seven acres, comprising 1 million sq ft. Prestige City Hyderabad aims to establish itself as one of the city’s most prominent gated communities, offering a variety of configurations for villas and apartments, including 1 BHK, 2 BHK, 3 BHK, and 4 BHK units.
Tags : Prestige Group real estate developer Bengaluru plans transform skyline Hyderabad project Prestige City Hyderabad mixed-use township investment development apartments retail mall villas apartments