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Latest Business News, Business News India Today | The HinduBusinessLine

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Prestige Estates sells over 1,700 housing units in Hydera...
By PTI · 2026-04-21 · via Latest Business News, Business News India Today | The HinduBusinessLine

Realty firm Prestige Estates Projects Ltd on Tuesday said it has sold more than 1,700 housing units in Hyderabad for over Rs 2,500 crore on better demand.

In a regulatory filing, the company said it has received a strong response to its recently launched residential project, Prestige Golden Grove, in Hyderabad.

"Within two weeks of launch, the company achieved sales of over 1,700 units, translating to a total sales value exceeding Rs 2,500 crore, reflecting robust early traction," it added.

The project, spread across 29 acres, comprises 5,120 units.

Prestige Estates is expecting a total revenue of around ₹9,500 crore from this project.

Bengaluru-based Prestige Group has delivered 313 projects, covering 206 million sq ft. It currently has a pipeline of 128 projects comprising 195 million sq ft.

During the last 2025-26 fiscal, Prestige Estates achieved a record sales bookings of Rs 30,024.5 crore, a 76 per cent increase from the preceding year. A total of 11,692 units were sold during the last financial year.

Published on April 21, 2026