Tag: Hyderabad real estate growth

IndustryLatest Stories

Prestige Estates reports ₹6,579 crore in Q1 FY27 pre-sales

NEW DELHI: Prestige Estates Projects achieved residential pre-sales of ₹6,579 crore in Q1 FY27, selling 3,337 units and covering a sales volume of 6.04 million sq ft. Hyderabad led the quarterly sales, contributing 49% of the total, followed by Bengaluru at 27%, Mumbai at 12%, NCR at 7%, and other markets at 5%. The average price realization for apartments was ₹11,193 per sq ft, while plotted developments averaged ₹8,043 per sq ft. Collections reached ₹4,802 crore in Q1 FY27. The company launched four projects covering a total developable area of 20.16 million sq ft, with a gross development value of…

InfrastructureLatest Stories

Telangana Invests ₹25,000 Crore in Hyderabad Infrastructure

Sure, here’s a rewritten version of your content: HYDERABAD: Telangana ministers emphasized the state’s focus on developing infrastructure, housing, and tourism, describing real estate as the foundation of the economy. At the 15th NAREDCO Telangana property show held at HITEX, Deputy Chief Minister Mallu Bhatti Vikramarka announced a massive investment of ₹25,631 crore in sewerage and water supply systems in Hyderabad. The government has approved 39 new sewage treatment plants (STPs), with ₹11,927 crore allocated for sewerage and water infrastructure, alongside an additional ₹13,704 crore worth of proposals currently under review. The Deputy CM pointed out the thriving real estate…