Prestige Group Launches New Project in Velimela Hyderabad 2026: What to Know

Published On: 13 July 2026

Prestige Group Launches New Project in Velimela, Hyderabad, 2026 on 28.7 acres of land with 10 tall towers that have 52 floors each. This new gated community brings 5,120 luxury flats to the fast-growing West Hyderabad housing market. The smart plan keeps 80% of the total land area as open green space. This tall project sits close to major tech parks to help young professionals save travel time. Buyers can choose between premium 2 BHK, 3 BHK, and 4 BHK layouts during the current booking window.

The big housing project is in its early booking and building phase today. Heavy trucks are on site right now to dig out the ground for the deep basement levels. This massive township is a joint venture between the Prestige builder team and Swela Realty. Base prices for these new homes start at ₹93 Lakhs and go up to ₹2.39 Crore for the largest layouts. Investors can use easy, construction-linked payment plans to buy a home here in July 2026.

Detailed Project Specifications and Floor Plans

The new project has premium 2 BHK, 3 BHK, and 4 BHK flats that range from 1,169 to 3,013 square feet. Each tall tower comes with three basement levels and three podium levels to park cars safely. This architectural choice keeps the ground level free of traffic so kids can play without danger. All homes start from the 4th floor up to stop street dust from coming inside.

2 BHK Layouts: These smart units range from 1,169 sq. ft. to 1,281 sq. ft. with utility areas.
3 BHK Layouts: These family homes vary from 1,516 sq. ft. to 2,462 sq. ft. with servant rooms.
4 BHK Units: These large luxury sky villas give you up to 3,013 sq. ft. of space with big balconies.

Key Location Highlights and Travel Distances

Velimela is exactly 1.5 kilometers from the Outer Ring Road (ORR) Exit 2 at the Kollur spot. This prime location gives residents a short 14-minute drive to the busy Gachibowli Financial District. The local area connects well with good international schools, shopping areas, and top hospitals.

Financial District Hub: This main tech workplace is 12.5 kilometers away and takes a brief 14-minute drive.
HITEC City Tech Park: The old corporate tech zone sits 19 kilometers away, with a 25-minute drive.
Nagulapalli MMTS Station: This local train station is just 4.2 kilometers away for fast rail travel.
Miyapur Metro Station: The closest active metro rail station is 11.2 kilometers from the main gate.

Clear Project Timelines and Official RERA Status

The Telangana Real Estate Regulatory Authority approved this project under the code P01100010708 on April 2, 2026. The Hyderabad Metropolitan Development Authority (HMDA) gave out the final building permits on March 13, 2026.

Official Launch Date: The developer opened the project for public bookings on April 9, 2026.
Current Project Stage: Workers are actively laying down the deep concrete pillars on site today.
Target Completion Date: The builder plans to finish the main tower blocks by March 28, 2031.
Final Possession Date: Home buyers will get their physical keys and legal handovers on April 11, 2031.

Simple Price Structure and Layout Ranges

The entry price for this new launch is ₹93 Lakhs for a 2 BHK and reaches ₹2.39 Crore for a 4 BHK flat. These launch rates let you invest early before land costs go up across the Tellapur neighborhood.

Apartment Type	Built-Up Area (Sq. Ft.)	Base Price Range (INR)
2 BHK Classic	1,169 – 1,281	₹93 Lakhs onwards
3 BHK Premium	1,516 – 1,648	₹1.31 Crore onwards
3 BHK Luxury	1,837 – 2,462	₹1.49 Crore onwards
4 BHK Sky-Villament	2,723 – 3,013	₹2.39 Crore onwards