Apartment for Sale in HITEC City Hyderabad | Best Projects 2026
Finding the right Hyderabad apartment near the IT corridor means balancing location, lifestyle, and long-term value. The areas surrounding HITEC City have emerged as prime destinations for professionals and families seeking quality residences within reach of major employment hubs.
Prestige Golden Grove: A New Benchmark in Velimela
Prestige Golden Grove stands as a 52-story high-rise development in Velimela, offering a distinctive residential option for those working in and around the technology district. The project combines vertical living with extensive green planning.
The development features a 2.4 lakh square foot clubhouse alongside more than 80% open green space. This ratio of built amenities to natural landscape is uncommon in high-density residential projects. Residents have access to comprehensive facilities without sacrificing breathing room.
Configuration and Pricing
Prestige Golden Grove offers multiple apartment configurations to suit varying household sizes and budgets:
| Configuration | Starting Price |
|---|---|
| 2 BHK | ₹93 Lakhs* |
| 3 BHK | ₹1.31 Crores* |
| 4 BHK | ₹2.39 Crores* |
The project received official launch status in March 2026 and holds full RERA approval under TS RERA No: P01100010708.
Connectivity Advantages
Location accessibility defines this project's appeal. Velimela sits approximately 15-20 minutes from the Financial District and HITEC City via the Outer Ring Road Service Road. The ORR further connects the area to Rajiv Gandhi International Airport in roughly 30 minutes.
This positioning allows residents to commute to major IT parks while living in a less congested setting than the core technology district.
Market Context: West Hyderabad Corridor
The West Hyderabad real estate corridor has seen consistent demand from IT professionals seeking quality housing options. The region encompassing Kollur, Tellapur, and Velimela offers an alternative to central HITEC City living.
| Metric | Range/Value |
|---|---|
| Base Rate (per sq. ft.) | ₹8,500 – ₹11,500 |
| Maintenance Charges | ₹4 – ₹6 per sq. ft. per month |
| Airport Connectivity (ORR) | ~30 minutes |
| Financial District Access | 15-20 minutes |
Comparative Projects in the Region
Several Prestige Group developments compete for attention in the broader West Hyderabad market:
Prestige Beverly Hills
Located on the "Golden Mile" in Kokapet, this project targets buyers seeking premium addresses closer to the Financial District core.
The Prestige City
This 64-acre township encompasses more than 4,600 apartments, offering a self-contained community model with extensive internal infrastructure.
Prestige Spring Heights
Another option in the western corridor, providing alternative configuration choices for prospective buyers.
Practical Considerations for Buyers
Parking Provisions
Most 3 BHK and 4 BHK apartments in these gated communities include two dedicated parking spots, typically located in podium or basement levels. Two-bedroom units generally receive single parking allocations.
Maintenance Structure
Monthly maintenance fees in these communities typically range between ₹4 and ₹6 per square foot. This covers common area upkeep, security, amenities operation, and landscape maintenance. Buyers should factor these recurring costs into ownership calculations.
Investment Perspective
The West Hyderabad corridor continues attracting institutional and individual investment due to infrastructure improvements and employment center expansion. The Outer Ring Road has fundamentally altered accessibility patterns, making previously peripheral locations viable for daily commuting.
Frequently Asked Questions
In major areas and high-quality projects such as Prestige Golden Grove, prices start around ₹93 Lakhs*.
Yes. It is only 15-20 minutes away from the Financial District and HITEC City via the ORR Service Road.
The project is officially launched as of March 2026 and has received full RERA approval.
Yes. Most 3 and 4-BHK apartments include two dedicated parking spots in the podium or basement levels.
Maintenance usually ranges between ₹4 and ₹6 per square foot per month, covering all common amenities.