Prestige Estates Projects to invest in Hyderabad

Q: Hello. I have recently come across reports saying that the famous real estate developers from Bangalore, the Prestige Estates Projects is also venturing into Hyderabad. When do these projects start?

Ravi Shankar, Hyderabad

24th February 2015

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Replies (6)

so with so many widely known companies from other states willing to invest in Hyderabad, I think in the future, there will be many more investments in Hyderabad soon I guess. That too, there is a huge demand for the residential market as of now. So this is a good beginning I suppose.

Kodanda Reddy, Hyderabad

1st March 2015

Comment

The average price in these projects is expected to be somewhere between 4,500 rupees per sq ft t o 7,000 rupees per sq ft. The price in the Ivy League project is around 7,000 rupees per sq ft, and the price in the highfields is said to be anywhere around 4,700 to 5,500 rupees per sq ft.

Govind Naidu, Hyderabad

28th February 2015

Comment

Prestige High Fields is a pretty large development. It has got 4 million plus saleable area and Ivy league has got about 700,000 sq ft of saleable area and the expected revenue out of these projects is expected to be somewhere around 2,700 crore.

Praneeth Kumar, Hyderabad

26th February 2015

Comment

Yes, one of these projects is coming up in the Kondapur area near Hi tech city, and the other one will be located the Financial District of the city. I think the one in the financial district is called the High Fields.

Raghavendra Hegde, Hyderabad

26th February 2015

Comment

These twp projects are actually called the Prestige Highfields and Prestige Ivy League. The two projects together have developable area of 4.7 million square feet and may see average realizations of Rs 5,500 per sq ft (Highfields) and Rs 7,000 psf (Ivy League).

Vani reddy, Hyderabad

25th February 2015

Comment

Hey, Ravi, Yeah. The Prestige project has recently announced two new projects in the city of Hyderabad. The Prestige Estates is a very well known and reputed company in Bangalore and they have made some really good and reputed projects in Bangalore.

Lata Rao, Hyderabad

24th February 2015

Comment

Oh, that's great news Lata! Where exactly are these projects coming up?

Pravallika, Hyderabad

24th February 2015

best ones are right on financial district

Vikram ,

9th September 2015

Puravankara Projects Limited is connecting with their prospective customers to invest in their dream home by launching a new scheme today. The customer can own a Purva apartment, only by paying the initial 20% contribution without any further financial outflows up to possession. Puravankara will bear the interest cost on the 80% of the value of the apartment till possession and EMI’s to the bank will be paid by the customer only after possession of the apartment.

Kamat Reddy, Hyderabad

24th September 2015