What Is The Current Status Of Prestige City Hyderabad

Prestige City Hyderabad is the largest township project by Prestige Group in Budvel, Hyderabad. The builders put Rs. 5000 crores on the development of the project. Spread over 64 acres of land, it is a sought-after under-construction project.

The current status of Prestige City Hyderabad is in the prelaunch phase. The builders will hand over villas and flats by the end of 2027. There are around 5000 units in the project. It is a single-phase project, so by 2027, all the units will be ready to launch.

The work on the project is ongoing, and the dealers got approval from the Karnataka Real Estate Act. The RERA approval number of Prestige City Hyderabad is P02400007209. The project receives viability through the RERA registration. Moreover, it boosts the chances of investments by potential buyers.

Facts to observe from the launch of Prestige City Hyderabad

The launch date of the large township was November 9, 2023.
With the launch, the project offers 2, 2.5. 3, 3.5 and 4 BHK units.
Amenities of the single phase are a pool, a gym, a kids' play zone, etc.
The dealers invested Rs.5000 crore in this township project.
The expected return revenue of the project is Rs. 9000.
The project builders promise 119 duplex villas and 4647 flats.
It is a 64-acre parcel of land with 31.34 acres of lush greenery.
The current price status of apartments starts at Rs. 82 lakhs, and 4 BHKs start at 2.5 crores.

Current layout status of the project

Unit types in apartments & villas	Carpet Area	Current offer price
Apartments
2 BHK	850 sq ft	Rs. 82 lakhs onwards
2.5 BHK	1534 to 1548 sq ft	Rs.1.14 crore onwards
3 BHK Compact	1631 to 1687 sq ft	Rs.1.19 crore onwards
3 BHK Large	1898 to 2136 sq ft	Rs.1.41 crore onwards
3 BHK Large Plus	2169 to 2238 sq ft	Rs.1.64 crore onwards
3.5 BHK	2433 sq ft	Rs.1.83 crore onwards
4 BHK	3355 to 3431 sq ft	Rs.2.52 crore onwards
Villas
5 BR	5308 - 5767 SQ.FT.	Rs. 11 crore onwards
5 BR	6761 - 6932 SQ.FT.	Not yet disclosed
5 BR	8489 - 8804 SQ.FT.	Not yet disclosed
5 BR	11929 - 18049 SQ.FT.	Not yet disclosed

Current Location Status

Shamshabad, Budvel area is a prime area of South Hyderabad, seeing significant growth. It has famous schools, colleges, hospitals and malls in the surrounding areas. Budvel's current status is that it has the potential to have new roads, individual metro stations, IT corridors, and residential properties. Many green projects are coming in the area. It is the new tech stop to the whole Telangana state.

It is one of the best upcoming projects in Hyderabad city. This project will bring major places via metros, buses and railways. The current status and positive reviews make it clear that this project is ideal for all ages.