A residential project is a construction that includes living spaces, such as houses or flats.
It can include other housing options like condos, row houses, studio-type houses, and
Multi-floor high-rise buildings.
When evaluating a housing project, you can consider its location, facilities, builder’s
stature, and RERA approval. Also, ensure the other factors are the distance and time of
commute to work, infrastructure, builder’s clarity, and track records.
Hyderabad is also popularly known as the City of Pearls or Cyberabad. It has seen robust
social structures and thriving IT firms, making it appealing. The city's real estate market
has grown rapidly in the last decades. It has attracted both buyers and investors around
the world.
Some of the factors that led to a rise in Investment in Pearl City are
-
Its Robust Infrastructure
- Thriving It And Business Hub
- Its Investment Friendly Statute
- Promising State Initiatives
- Vibrant Cultural
- And Urban Features
Its annual price growth of housing assets has increased by 8%, while the retail spaces
have had a 15% growth. It leads to notable returns on investment for buyers and
investors. A 35% increase in the city population from 2010 to 2020 has raised the
demand for units like flats, townships, and mixed-use projects.
Top Projects in 2024
Some of the top areas in the city are Jubilee Hills, Banjara Hills, HITEC City, and
Kondapur, which are best to invest in. It offers housing units in multiple budgets, such as
upscale, mid-range, and affordable projects. Top 10 Residential Projects in Hyderabad
2024 are the best options to invest in.
According to affluent habitats of the city, the average cost of a 3 bhk house is around
1.5 to 3.5 cr. Instead, mid-range and affordable projects range from 75 lakhs to 1 crore.
Here are some of the Top 10 residential projects in the city 2024 are:
- The Prestige City Hyderabad is a 64-acre project by Prestige Group in Rajendra
Nagar. It is close to Umda Nagar and is belted with tech hubs, trade centers,
schools, colleges, and retail spaces. It provides 2, 2.5, 3, 3.5, and 4 bhk layout
high-rise flats and duplex 5 bhk villas. The prices of the 2 bhk flats range from INR
60L to 1C, and 3 bhks range from INR 1.2 to 2.5 crore. The 4 bhk villas start at INR
11 crore.
- Tamra Asteria is a housing project by Tamra Developers in Bandlaguda Jagir. It is
set on 5.79 acres and has one tower comprising 312 living units. These flats come
in sizes ranging from 2400 to 3110 sq. ft. It is a new launch, and its possession is
expected by Jan 2027. The project is RERA registered, and its number is
P02400003415. Its price ranges from 2.24 Cr, with an average price of ₹7.20
K/sq.ft.
- Prestige Clairemont is a newly launched residential project in Kokapet by
Prestige Group. The new launch project is set on 7.56 acres of land. It offers 2, 3,
and 4 bhk layout flats. The best transit network provides easy access to other
parts of the city. The project includes 928 units in total, with RERA No
P02400005677. The starting price for the flats is 1.8* Crore onwards.
- Bellagio is a villa project, and it is part of Phase 1 of the city's largest integrated
township, The Prestige City, Hyderabad. It is a gated society that comprises 119
G+2 villa homes sprawling over 24 acres. The project boasts stunning views of
Mulagund Lake and includes 80 acres of open land. It is a new launch villa project
scheduled for completion in July 2026. It is in Udma Nagar, Budvel, 10 minutes
from the airport and 15 minutes from the financial district. It features three lavish
lounges for dwellers to enjoy. Its RERA number is P02400006711.
- Prestige Vaishnaoi Rainbow Waters is a plush housing unit in Gachibowli. It is
amidst the beautiful Chitrapuri Hills. It is set over 2.42 acres of land in a prime
locale. The township offers 150 flats in a 4 bhk layout and comes in various sizes.
Its initial price starts at 5.5* Crore Onwards. These high-rise flats offer living
space that provides stylish and comfy living. Every house here enjoys the scenic
view of the Malkam Cheruvu Lake. The project is RERA-certified, and its number
is P02400006240.
- Prestige Tranquil is a new launch residential project in Kokapet. It is set over 7.85
acres of land. It includes 4 towers that host unique 490 living units. It offers 3 and
3.5 bhk flats ranging from 1,764 to 2,049 sq ft. Its price ranges from ₹1.98 to ₹2.3
Crores. The project has efficient bike and car parking facilities. It is equipped with
gated security features. Its possession is expected to be in September 2026.
- Prestige Beverly Hills is an under-construction residential project in Kokapet. It is
set on 5.87 acres of land and comprises around 816 units. It offers 3- and 4-bhk
layout flats. Its size ranges from 1796 to 2708 sq ft. The project consists of three
towers with 36 floors. Its carpet area ranges from from 1103 to 1749 sq. ft. The
price range starts from ₹1.21 cr and goes up to ₹1.92 cr. It is expected to be
complete by October 2027. It is just 5 minutes away from the IT hub.
- Prestige Nirvana, Rajendra Nagar Prestige Nirvana is a gated residential township
in Sagar Hills, Rajendranagar mandal. The project offers 248 residential plots set
over 39 acres of land. Its prices start from 5.9 crore onwards. Each plot is Vaastu
compliant and ranges from 267 to 2077 square yards in size. It is a well-designed
project that promises a life of comfort and luxury. It is RERA registered, and its
number is P02400000393.
- Prestige Rock Cliff is a residential project in Green Valley, Banjara Hills. The
project offers luxury flats of 1, 2, and 3 bhk. It is a new launch project set over a
large area and is currently in the pre-launch stage. This upcoming futuristic
project provides spacious and exquisite living spaces across a vast land. The
builders have not disclosed the total land area and number of units. The flat's
prices, RERA number, and pre-launch date will be updated soon.
- Prestige High Fields is a residential township in the Financial District. It offers 2,
3, and 4 bhk layout flats at an initial price of Rs. 1 cr. It is set on 21.85 acres of
land. It consists of 10 high-rise towers with 2,356 spacious and lavish flats. The
project offers flats of varying sizes from 1283 to 2848 sq. ft. It is Rera-approved,
and its number is P02400002893.