Prestige Group Announces the Launch of Prestige Tranquil in Hyderabad

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The initial steps after an unexpected pause often determine whether or not the momentum are often regained. Prestige Group, India’s leading land developer, has been strategically paving the way for recovery within the pandemic world with virtual property launches over the previous couple of months.

Two more virtual property launches are within the pipeline this year.India’s first and only developer rated DA1 by CRISIL has announced the digital launch of its latest residential project – Prestige Tranquil in Hyderabad. Located in Kokapet – the up and coming suburb that's easily accessible from the airport also because the financial district – this spacious, self-contained, aesthetic enclave of 906 three-bed, high-rise homes offers an exceptionally sustainable residential community within the City of Pearls.

Commenting on the launch, Mr. Irfan Razack - CMD, Prestige Group said, “It isn't the strongest of the species that survive, nor the foremost intelligent, but the one most adaptable to vary . This quote is usually wrongly attributed to Charles Darwin’s Origin of Species. Nonetheless, the wisdom in these words is unquestionable. 

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The previous couple of months have tested us in extraordinary ways, and therefore the only thanks to emerge stronger from this crisis is to seem at things as a chance to find out and grow. With over 35 years of market leadership, Prestige Group is committed to assist tap into the realty sector’s potential to become an engine of growth for the Indian economy during this challenging time. 

Since we announced our first virtual launch in August, we are witnessing a gentle recovery process, particularly within the residential segment.”“The City of Nizams holds an expensive place in my heart and I’m very excited about Prestige Tranquil, our fifth residential project within the city. Great connectivity and social infrastructure have ensured that the realty sector in Hyderabad continues to perform consistently well to say its place among the highest three land markets in India. 

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This festive season offers the right opportunity to take a position in land , and that we are witnessing a surge in demand from both resident Indians also as NRIs looking to take a position in residential properties within the country. i actually believe that we are well poised on the trail to recovery.”According to a recent report by JLL, Hyderabad’s land showed a 76 per cent increase in residential sales within the third quarter of 2020 as compared to the previous quarter. Prestige Group’s earlier residential projects in Hyderabad include Prestige High Fields, Prestige Ivy League , Prestige Nirvana and Prestige Royal Woods.About Prestige Tranquil, Hyderabad Located in Kokapet, an up and coming suburb that's easily accessible from the Airport also because the financial district, Prestige Tranquil is an ode to the splendor and charisma of the Southern capital city.

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The property is definitely accessible by the Outer bypass , and in close proximity to well reputed schools like Phoenix Greens International School, Oakridge, and Srinidhi International School. Furthermore, the Continental Hospital may be a jiffy away.A plethora of recent amenities are planned to reinforce the life-style at Prestige Tranquil. The Clubhouse is provided with a good range of recreational amenities including a swimming bath , café, banquet halls, gym, squash courts, badminton courts, and other indoor games. 

The landscaped open spaces facilitate various outdoor activities providing for a chic and refreshing balance.This spacious, self-contained, beautifully planned enclave of 906 three-bed, high-rise homes is meant to make a thriving and sustainable residential community. The apartments are well ventilated, naturally lit, and wholly Vaastu compliant. A choice of layout configurations is out there , which make optimal use of space and enable convenient living while aiding aesthetic expression. With its contemporary architecture, brilliant planning and excellent location, Prestige Tranquil promises you a top quality of life without precedent in Hyderabad.

About Prestige Group

Prestige Group, one among the leading land developers within the country, features a legacy of over three decades in land development. it's diversified business models across the Residential, Office, Retail, and Hospitality segments with operations in 12 key locations in India. As of 30 June 2020, the Group has completed 247 projects with developable area of 134 mn sft and has 45 ongoing projects across segments, with total developable area of 53 mn sft. Further it's 56 mn sft under planning and holds a land bank with potential developable area of over 27 mn sft. the corporate has been graded CRISIL DA1 by CRISIL and also enjoys credit rating of ICRA A+. The consolidated turnover of the corporate for the quarter ended June 30, 2020 is INR 12,963 Mn.

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