Prestige Estates Projects is intensifying its township-scale strategy in Hyderabad, and The Prestige City in Rajendra Nagar remains the clearest evidence of that push. Prestige Estates describes Prestige City Hyderabad as a mixed-use development that combines residential towers, villa enclaves, and neighborhood retail along a major growth corridor connected to Hyderabad's IT and business districts. The project is not a standalone launch but part of a wider pattern of integrated, self-contained communities the developer is rolling out across the city's expanding southern and western belts.
The township itself is a joint effort with a local partner and carries a master plan from one of India's best-known architects. This monumental project is a joint venture by the Prestige Group and Vaishnaoi Group, master-planned by the globally renowned architect Hafeez Contractor. At full build-out, the township encompasses 13 soaring towers that rise to 42 floors, offering 4,647 ultra-premium high-rise apartments alongside 119 exclusive luxury villas. Apartment sizes span a wide bracket, with 2, 3, 4 BHK flats ranging from 1,179 sq.ft. to 3,431 sq.ft., while the villa enclave, Bellagio, is positioned at the top end, with villa sizes ranging from 5,767 sq.ft. to 18,049 sq.ft., giving residents unmatched space and exclusivity.
Location is central to the pitch. The Prestige City Hyderabad sits on a large plot adjacent to Mulagund Lake, with reserved greenery bordering the site. Connectivity credentials are similarly strong, with strategic location near Rajiv Gandhi International Airport for convenient air travel and seamless access to Nehru Outer Ring Road for faster citywide connectivity. The developer's own marketing also points to an upcoming transit link, noting superb connectivity to the Rajiv Gandhi International Airport, the Outer Ring Road, the upcoming Budvel metro station, and Hyderabad's major business hubs.
On the ground, the project has moved well past the announcement stage. Construction is currently 50% complete as of June 21, 2026. The apartment component carries its own RERA registration, and The Prestige City Hyderabad is RERA-registered under the number P02400007209. Pricing has moved up since launch, with recent listings showing starting prices of apartments ranging from Rs 1.14 Cr to Rs 2.52 Cr, while the villa segment is priced well above that band; the starting price for the Bellagio villas is Rs 11 crore. On timelines, the villa cluster is furthest along, with the section approaching completion and expected to start offering possession in July 2026, while the high-rise towers carry a longer runway.
The Rajendra Nagar project sits alongside a broader company move to anchor large, self-contained communities across Hyderabad rather than scattered standalone towers. That strategy was reinforced earlier this year with a second mega-township in the west of the city: Prestige Estates announced the launch of Prestige Golden Grove, a large-scale residential township in Tellapur, Hyderabad, with an estimated gross development value of about Rs 9,500 crore, spread across 28.6 acres with a saleable area of around 10.36 million square feet and comprising 5,120 residential units. Commenting on the city's importance to the company, Chairman and Managing Director Irfan Razack said Hyderabad has been a key market for us where we have already established a strong position over the years.
Taken together, these moves point to Hyderabad becoming one of Prestige's most active build zones nationally. As of July 2026, Prestige Group has five active build sites in the city, clustered in the southern Rajendra Nagar and Budvel belt and in the western Gachibowli and Kokapet corridor. For homebuyers, that scale-up means more configuration choices and phased pricing within the same city, but it also means diligence matters: buyers should confirm which specific tower or villa cluster their booking falls under, since the apartment and villa components at The Prestige City carry separate RERA numbers, and verify the current construction stage before committing.
For anyone tracking South Hyderabad's residential corridor, The Prestige City remains the benchmark project to watch — both for its own construction progress toward the 2028 target and as a signal of how aggressively Prestige intends to keep building in the city through the rest of this decade.
Indavara, Chikkamagaluru
Villas / Plots (Expected) • Price on Request
85-acre land bank entry into Chikkamagaluru
Bagalur, Bangalore
1, 2, 3 BHK (expected) • Price on Request
30+ acre land parcel acquired
Padi-Korattur, Chennai
2, 3 BHK, Office & Retail • Price on Request
16.38-acre mixed-use development
Sahar, Andheri East, Mumbai
Hotel, Office & Retail • GDV Rs 4,500 Cr
1.5 million sq ft integrated hospitality-commercial project
Aram Nagar, Versova, Mumbai
Configuration TBA • On Request
6-acre JV, 1.7 mn sq ft, Rs 9,000 Cr GDV
Bengaluru Airport City, Bangalore
Convention | Hospitality | Office | Retail • ₹1,800 Cr investment
1.5 million sq ft mixed-use destination
Bengaluru Airport City, Devanahalli, Bangalore
Hotels | Convention Centre | Office | Retail • Price on Request
₹1,800 Cr integrated destination at KIA
Budigere Cross, Bangalore
1, 2, 3 BHK • Price on request
Upcoming Prestige address off Old Madras Road
Content is provided strictly for information and does not constitute an offer, solicitation, or contractual commitment. Specifications, pricing, and availability may change at any time. Independent verification of all particulars is advised. About · Projects
Share your details and our expert will call you back.