Prestige Estates launches ₹9,500 Cr mega township in HyderabadPrestige Estates launches ₹9,500 Cr mega township in Hyderabad

Introduction

Leading real estate developer launches 5,120 unit township in Hyderabad across 28.6 acres. Project has GDV of ₹9,500 crore with multiple housing configurations.

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Share price movement of Prestige Estates

On April 06, 2026, Prestige Estates Projects Ltd opened at ₹1,154.50, up 0.16% from its previous close of ₹1,152.70. The stock reached a high of ₹1,171.65 (1.65%) and a low of ₹1,134.30. By 11:01 AM, it traded at ₹1,155.15, a 0.21% increase, with a market cap of ₹49,755.80 crore.

Prestige Launches ₹9,500 Cr Township

Prestige Estates Projects Limited launched Prestige Golden Grove township in Hyderabad Tellapur, comprising 5,120 residential units across 28.6 acres, with total saleable area of about 10.36 million square feet.

The project has an estimated gross development value of over ₹9,500 crore and offers 2, 3, 3.5 and 4 bedroom homes with sizes ranging from 1,169 to 3,013 square feet.

Ticket sizes range between ₹1 crore and ₹3 crore, with location benefiting from proximity to IT corridors, supporting company strategy to expand presence in high growth urban markets.

Stock performance of Prestige Estates for period of 1 week, 6 months, and 1 year

Prestige Estates Projects Ltd delivered a 1-week return of 2.26%, a 6-month return of -23.9%, and a 1-year return of 2.21%.

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Shareholding pattern of Prestige Estates

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	60.90%	60.90%	60.90%
FII	15.70%	15.70%	16.60%
DII	21.00%	20.70%	19.60%
Public	2.40%	2.60%	2.80%

About Prestige Estates

Prestige Estates Projects Ltd (NSE: PRESTIGE) operates across residential, office, retail, hospitality, property management, and warehouse segments, with presence in over 12 major locations across India.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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