Prestige Group Projects

Prestige Group projects in Neopolis, Kokapet, Hyderabad

Prestige Group's Hyderabad Bet: Why Neopolis, and Why Now

Prestige Group is a Bangalore-headquartered real estate developer that has built residential and commercial projects across cities including Bangalore, Chennai, Hyderabad, Kochi, Mumbai, and Delhi-NCR. With 302 completed projects delivering 193 million square feet of developed area as of September 2024, the company holds the distinction of being the only developer in India with a CRISIL DA1+ rating for construction and development capabilities. When a developer of that scale commits capital to a single address in Hyderabad, the choice of that address tells its own story.

Neopolis, located in Kokapet, is one of Hyderabad's most strategically planned urban zones, developed with a clear focus on high-rise residential living. Spread across 530 acres and backed by the Hyderabad Metropolitan Development Authority (HMDA), it is envisioned as a modern, smart, and sustainable layout that caters to the city's growing demand for premium housing. The Telangana government has invested around Rs. 300 crore for the development of this layout, which is overseen by the HMDA. Prestige Group's decision to plant a significant project here aligns with a consistent pattern in the developer's history: entering high-infrastructure, government-backed zones early in their growth cycle, as it did in Whitefield and the Financial District corridor in Bangalore before those addresses matured.

Prestige Group's Hyderabad Track Record

In Hyderabad, Prestige Group has established a strong presence with several successful projects, reinforcing its reputation as a developer that delivers on promises while creating aspirational living and working spaces. Earlier Hyderabad deliveries include Prestige Ivy League, Prestige High Fields, and Prestige Royal Woods. Prestige Beverly Hills, on Golden Mile Road in Kokapet, is another active project — a RERA-approved development spread across 5.85 acres. The Prestige City in Rajendra Nagar, Budvel, is a 64-acre township launched in November 2023, RERA-approved under number P02400007209, and expected to complete by December 2028. Kokapet-to-Neopolis, in particular, has become the corridor where Prestige is concentrating its Hyderabad high-rise ambitions.

Prestige Clairemont: The Neopolis Address

Prestige Clairemont is situated in Neopolis, a 500+ acre layout in Kokapet extending from the Financial District, planned by the Telangana Government to set a national benchmark for advanced infrastructure and smart living. The project sits on 7.56 acres in Khanapur-Kokapet, with four towers rising between 33 and 38 floors, delivering 928 homes in 3 and 4 BHK configurations ranging from 1,988 to 4,056 sq ft.

The development features four crafted towers with 928 residences, offering 3 and 4 BHK homes ranging from 2,003 to 4,037 sq ft — making it one of the more spacious high-rise addresses in the growth corridor. Each home is designed to maximise natural light and ventilation, with no common walls between apartments, ensuring privacy alongside views of the city skyline and Gandipet Lake.

Configuration and Pricing

Configuration Carpet Area Range Starting Price
3 BHK 1,989 – 2,944 sq ft Rs. 3.16 Cr onwards
4 BHK 3,500 – 4,060 sq ft On request

The launch price of Prestige Clairemont at Kokapet starts at INR 3.20 Crore onwards. The median asking price on secondary market listings stands at Rs. 12,400 per sq ft, with Prestige Clairemont's average asking price rising quarter-on-quarter compared to the broader Kokapet market.

Amenities

A 50,000 sq ft clubhouse anchors the lifestyle offering. The amenity suite includes a swimming pool with deck, banquet hall, party hall, indoor games, mini theatre, outdoor gym, sports courts, jogging track, pet park, creche, pharmacy, clinic, spa, workstations, discussion rooms, and multiple landscaped zones. Individual apartments include expansive private balconies and utility areas up to 404 sq ft, premium layouts with dedicated study rooms and maid's quarters, and exclusive sky pavilions and terrace gardens on the 14th and 15th floors.

RERA Details

  • RERA Number: P02400005677
  • RERA Authority: Telangana RERA
  • Possession: November 2027

Why Neopolis Serves a Prestige Group Buyer

Unlike organically developed areas that often struggle with congestion and infrastructure limitations, Neopolis has been built with the future in mind — with unlimited Floor Space Index, wide internal roads, and zoning focused on integrated residential and commercial use. The layout boasts an eight-lane road, dedicated cycling tracks, and pedestrian walkways, with a trumpet-shaped interchange ensuring seamless connectivity.

The 5–10 minute access to the Financial District, Gachibowli, and HITEC City positions Clairemont at the heart of the employment ecosystem driving Hyderabad's real estate absorption. The Rajiv Gandhi International Airport is approximately 29 minutes away, and the Outer Ring Road is a 5-minute drive. The location is also near the proposed Kokapet Metro Station on Hyderabad Metro Rail Corridor-II.

Top schools like Oakridge and CHIREC are a short drive away. Healthcare access includes AIG Hospitals, and the Indian School of Business (ISB) is in the immediate vicinity.

Land Pricing as a Signal of Structural Depth

Neopolis land auctions reveal how the market values this address relative to the rest of Hyderabad. In 2007, land in Kokapet auctioned at around Rs. 14 crore per acre; by 2021, prices rose to Rs. 60 crore per acre, with some parcels crossing Rs. 100 crore per acre in later auctions. In the second phase of auctions in late 2025, Plot 15 closed at Rs. 151.25 crore per acre — the highest per-acre price ever recorded in a Neopolis auction — with a transaction value close to Rs. 610 crore.

Residential apartment prices in ongoing projects now range between Rs. 9,000 and Rs. 13,000 per sq ft, depending on developer, tower height, and amenities. The location's planning quality — wide road corridors, SEZ zoning, and integration with the Outer Ring Road — provides long-term resilience to capital values. For a buyer evaluating Prestige Clairemont, this land-price trajectory is relevant context: the developer entered when the land cost was already among the highest in Hyderabad's west, which signals considered underwriting rather than opportunistic entry.

Prestige Group in the Neopolis Peer Set

Many top builders including Godrej Properties, Prestige Group, Aparna Constructions, and My Home Group are active in Neopolis. What distinguishes a Prestige offering within this cluster is the combination of national-scale delivery infrastructure and a financial profile that sets it apart. Prestige Group is the only real estate firm in India with CRISIL DA1+ grading and carries a credit rating of ICRA A+. For a buyer committing to a high-rise that will take three to four years to complete, developer balance-sheet strength is a material consideration — and Prestige Group's publicly listed status as Prestige Estates Projects Ltd. on Indian stock exchanges means its financials are regularly audited and accessible.

From a developer credibility standpoint, Prestige Group's execution capability reduces typical high-rise delivery risks, and Prestige Clairemont's full RERA approval reflects clear planning milestones already achieved.

Frequently Asked Questions

What exactly is Neopolis, Kokapet, and who planned it?+
Neopolis, Kokapet is a 530-acre master-planned urban layout in West Hyderabad, developed by the Hyderabad Metropolitan Development Authority (HMDA) under the Telangana government. Situated along the Outer Ring Road with views of Osman Sagar Lake and surrounded by reserve forest, it represents an organic extension of HITEC City and the Financial District. Governed by Multi-Purpose Zoning, Neopolis permits residential, commercial, hospitality, healthcare, and entertainment developments on freehold land, backed by trunk infrastructure and single-window government clearances. HMDA completed the trunk infrastructure within 18 months, demonstrating the speed of the public-private partnership behind the project.
How well connected is Neopolis, Kokapet to Hyderabad's key employment and transit hubs?+
Neopolis, Kokapet sits along the Outer Ring Road, reducing commute time to major IT hubs — Financial District, Gachibowli, and HITEC City — to just 10 to 20 minutes, while also providing access to the airport and key city zones. Rajiv Gandhi International Airport is reachable within 25 to 30 minutes via the ORR. A Metro Phase 2 extension is planned along the Blue Line from Raidurg to Kokapet Neopolis via Biodiversity Junction, Khajaguda Road, Wipro Circle, and the Financial District. HMDA and HGCL are also constructing a trumpet-shaped interchange within Neopolis that connects the layout directly to the ORR for smoother traffic flow.
What schools and hospitals are accessible from Neopolis, Kokapet?+
International schools such as Oakridge, Indus, Gaudium, and Rockwell are within a short drive of Neopolis, Kokapet. The Gaudium School is just 1 km from the service road, and Samasti International and DPS Kollur are also close by. For healthcare, hospitals such as AIG, Continental, Yashoda, Care, and Apollo are accessible from the locality. Citizens Specialty Hospital covering oncology and cardiac emergencies is reachable in around 10 minutes, Continental Hospitals in the Financial District is 8.6 km away, and AIG Hospitals is within 15 to 20 minutes.
What types of housing are available in Neopolis, Kokapet, and which developers are active there?+
The micro-market is dominated by luxury apartments, high-rise gated communities, villas, and plotted developments, supported by modern amenities and upcoming commercial hubs. Active developers include Brigade, Godrej, Prestige, My Home, and MSN Realty, among others, offering 3, 4, and 5 BHK ultra-luxury residences. Starting apartment sizes in Neopolis typically begin at around 3,500 sq ft and go up to 10,000+ sq ft sky villas occupying entire floors.
What retail and lifestyle amenities are near Neopolis, Kokapet?+
Inorbit Mall and Galleria Mall in Gachibowli offer a wide variety of shopping, entertainment, and dining options within easy reach of Neopolis, Kokapet. Sarath City Capital Mall is another accessible retail destination for residents. Multiple five-star hotels including Marriott, Sheraton, and Hyatt are either planned or already operational in nearby zones. The Indian School of Business (ISB) is also in the immediate vicinity, further reinforcing the area's profile as a high-calibre residential address.
Who typically buys property in Neopolis, Kokapet — is it suited to end-users, investors, or both?+
Located off the ORR with seamless access to the Financial District and Gachibowli, Neopolis suits CXOs, entrepreneurs, and professionals who want a luxury address just 10 to 15 minutes from their offices. Growing demand from IT professionals and high-net-worth individuals continues to drive the market. A steady influx of working professionals has created consistent demand for rental properties, making the area equally attractive to investors seeking rental income. NRI buyers are also a noted segment, drawn by the combination of freehold land title, HMDA-backed planning, and the area's ultra-luxury positioning.
What is the current price range for apartments in Neopolis, Kokapet?+
Residential apartment prices in ongoing projects range between ₹9,000 and ₹13,000 per sq ft, depending on the developer, tower height, and amenities. At the ultra-luxury end, average prices in Neopolis reach ₹14,000 to ₹17,500 per sq ft, positioning it in the highest segment of Hyderabad's residential market. Land values underscore this premium: parcels that auctioned at ₹14 crore per acre in 2007 climbed to ₹60 crore per acre by 2021, with some plots crossing ₹100 crore per acre in later auctions. In November 2025, a plot in Phase 3 set a new record at ₹151.25 crore per acre, the highest per-acre price ever recorded in a Neopolis auction.
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