Prestige Pulimamidi Review: Inside South Hyderabad's Biggest Prestige Land Buy
Prestige Estates Projects' name has been circulating heavily around Pulimamidi village in Rajendra Nagar mandal since mid-2025, and for good reason. According to the company's own investor disclosures, Prestige Estates in Hyderabad acquired two plots in the April-June quarter — 28 acres in Tellapur and 37 acres in Pulimamidi. This 37-acre Pulimamidi parcel is the single largest land buy the Bengaluru-headquartered developer has made in South Hyderabad, forming part of a broader 102-acre, four-city land banking exercise across Bengaluru, Hyderabad, Chennai and Mumbai that carries an estimated combined Gross Development Value of Rs 20,400 crore.
The timing isn't incidental. Prestige entered this fiscal on strong footing — consolidated net profit rose 26 per cent to Rs 292.5 crore in the same quarter, while total income climbed to Rs 2,468.7 crore. Sales bookings for the group had already jumped fourfold to Rs 12,126.4 crore in Q1 FY26, largely riding on demand from its Ghaziabad launch. That momentum is clearly informing the group's appetite for large land parcels like Pulimamidi, positioned near the Outer Ring Road with reach to both Rajiv Gandhi International Airport in Shamshabad and the Gachibowli Financial District.
Here's where an independent read matters: the acquisition itself is confirmed and on record with the stock exchange, but almost everything beyond that — unit configuration, tower height, pricing and RERA status — is still being reported inconsistently across the web. Some listings describe Pulimamidi as a plotted development for independent home construction, while others describe a high-rise apartment township with towers rising up to 25 floors and roughly 2,500 homes across a 2, 3 and 4 BHK mix (2 BHK at 1,100-1,400 sqft, 3 BHK at 1,500-1,900 sqft, and 4 BHK at 2,200-2,800 sqft). Both formats appear on different broker and aggregator pages, and until Prestige issues an official masterplan, buyers should not treat either description as final.
The bigger red flag for anyone tempted to pay an early Expression of Interest amount: Telangana RERA registration for Pulimamidi is not yet allotted or published on the state RERA portal. Several third-party sites currently claim 'full RERA approval' for this project — that claim cannot be verified against the acquisition disclosure, which only confirms a land purchase, not a registered, launched project. Buyers should treat any indicative pricing as a planning estimate, not a committed number, and should avoid paying anything beyond a refundable EOI until a TS-RERA number is live and a formal cost sheet is published.
Project possession is being widely quoted as December 2029 across multiple broker listings, but this figure predates any RERA filing and should be read as an early estimate rather than a contractual date. A more useful diligence step is comparing Prestige's actual delivery cadence on its other recent Hyderabad launches — Prestige City in Rajendra Nagar (launched November 2023, apartment possession phased through 2028), Prestige Golden Grove in Tellapur, and the parallel Lakdaram and Raidurg parcels — since post-handover service quality in Hyderabad's newer Prestige portfolio is still building a track record compared to the group's established Bengaluru base.
For a buyer evaluating Pulimamidi today, the checklist is straightforward: confirm the TS-RERA number directly on rera.telangana.gov.in before any payment, get the product type (plots vs apartments) in writing from an authorised Prestige channel partner rather than a broker microsite, ask for the actual cost sheet rather than a floor-rise-adjusted 'starting price,' and cross-verify the possession date against the RERA-registered timeline once it's filed. The 37-acre scale and ORR-airport-Financial District triangulation make a strong location case — but the paperwork isn't caught up with the marketing yet, and that gap is exactly where buyer caution should sit right now.
