Prestige Group, one of India's leading and only real estate developers to receive DA1+ rating by CRISIL, announced the launch of Beverly Hills, a prime residential development in Hyderabad. Located in the emerging commercial and residential hub of Kokapet, the property features three high-rise towers comprising a variety of three and four bedroom homes spread across 816 apartment units, designed to meet the highest residential standards.
With 816 proposed apartments, the luxurious residential landmark is located in close proximity with retail outlets, schools, and hospitals and has easy access from the Outer Ring Road, which is well connected to the city as well as the airport. The site is also only a 10 minute drive from the Financial District which is an important IT hub in Hyderabad.
Speaking on the launch, Mr. Irfan Razack, Chairman and Managing Director, Prestige Group, commented, "The metropolitan cities across India are witnessing a distinct rise in housing & residential property demand, especially the major cities in Southern India, with Hyderabad being reported as the second most active markets in India. Prestige Beverly Hills, our fourth magnificent landmark for extraordinary living, in the emerging commercial hub of Kokapet promises to be an exclusive address offering the highest quality of life and ease of living to its residents."
Beverly Hills designed with verdant landscape is a residential property, with ample green spaces, beautiful city views, and state-of-the-art amenities providing its residents an enhanced lifestyle, while also maintaining elegant design. The grand entrance lobbies in the three towers are designed to create a welcoming experience for residents and visitors, and each home is Vastu compliant with long balconies offering spectacular views, a comfortable amount of light, and ventilation into the apartments. It also features a clubhouse with neoclassical architecture and is equipped with a wide range of recreational amenities including a swimming pool, space for café, crèche, banquet hall, gym, squash court, badminton court, and various indoor games making the community self-sustained.
Shares of Prestige Estates Projects Limited was last trading in BSE at Rs. 516.20 as compared to the previous close of Rs. 525.45. The total number of shares traded during the day was 67816 in over 3081 trades.
The stock hit an intraday high of Rs. 527.00 and intraday low of 505.30. The net turnover during the day was Rs. 35049822.00.