Prestige Group to launch Premium Residential Project in Hyderabad

Published: April 7, 2011

Bangalore-based Prestige group, which has completed several high-end residential projects in the city, has started work on its first residential project in Hy¬derabad. The company hopes to ma¬intain its brand image with the “Royal Woods” project slated to be completed by 2013.

The premium residential enclave is located off the outer ring road near Kismatpur on the outskirts of Hyd¬erabad. It is spread over 25 acres and will comprise around 150 three and four-bedroom villas. The villas would cost between Rs 1.8 crore to Rs 4.2 crore. The built-up area would range between 2,575 sq ft to 5,995 sq ft.

“Bringing alive the beauty of Tu¬scan architecture, the villas have been designed with contrasting cl¬adding elements to provide reprieve from the heat in the city and a user-friendly environment that complements the scenic landscape,” said Irfan Razak, chairman and managing director of Prestige group.

For the recreational needs of residents, the clubhouse will offer a squash court, badminton court, gym and other amenities designed around a landscaped court overlooking a pool. Along with this, the company promises to offer amenities such as a fully accoutered clubhouse and various common amenities, set within dense landscapes aligned with a network of pedestrian trails, walkways and water bodies.

Razak said Hyderabad is one of the fastest developing cities in India and Royal Woods marks Prestige Group’s entry into the city’s residential market. “We have been growing rapidly and Hyderabad promises to be an important market in our expansion plans. We are confident that this project will be a huge success among investors and homebuyers alike. Given our experience and expertise in the luxury housing segment, we expect Royal Woods to redefine the concept of luxury living in Hyderabad,” he said.

Source:Indian Realty News

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