Prestige Group to launch its new township in Hyderabad
Real estate developer Prestige Group has plans to launch its largest township in Hyderabad, The Prestige City. Spanning over 64 acres the project will have 4,647 apartments, 119 luxury villas, and a retail mall. It would be located at Rajendranagar and would have a sales potential of upwards of Rs 8,000 crore.
As per the firm, it would invest Rs 5,000 crore on the project which is scheduled to be over in 2027. The development of the apartments and villas will be 10.5 million sq. ft. (msf), with apartments occupying about 9.7 msf. The retail mall space will occupy over one lakh sq ft. The ticket sizes for the apartments will start at Rs 79 lakh and will go up to Rs 2.5 crore for the four BHKs.
Also Read: Prestige Group Plans To Launch Luxury Housing Project In Delhi