Hyderabad, India – October 2025:
In a landmark deal that is reshaping the landscape of Hyderabad’s commercial real estate, Prestige Group has successfully acquired an 11-acre land parcel in Knowledge City Hyderabad for ₹1,556.5 crore. This record-breaking transaction, completed through a Telangana State Industrial Infrastructure Corporation (TSIIC) auction, cements the area’s reputation as one of India’s most valuable commercial corridors.
Prestige Knowledge City: Strategic Location with High Growth Potential
The land is located in Raidurg, the heart of Prestige Knowledge City, a burgeoning business district adjacent to HITEC City and Gachibowli. Known for its proximity to top IT campuses, financial institutions, and global tech giants, this location has emerged as a prime destination for commercial real estate investment.
The new acquisition will be a cornerstone in Prestige Group’s ongoing vision to develop world-class office spaces in major Indian cities. The group aims to expand its commercial portfolio to 30 million square feet by 2028, with a projected annual rental income of ₹3,200 crore.
Telangana Government Auction Raises ₹3,135 Crore
The land auction, managed by TSIIC with JLL as the advisory partner, witnessed robust participation from leading developers and institutional investors. In addition to Prestige Group’s record-setting acquisition, MSN Realty secured a 7.67-acre parcel for ₹1,358 crore.
This auction not only reinforces investor confidence but also signals the rising demand for premium commercial spaces in Knowledge City Hyderabad, driven by the city’s sustained economic and infrastructure growth.
A Boost to Prestige Upcoming Projects in Hyderabad
This strategic acquisition aligns with Prestige Upcoming Projects in Hyderabad, as the developer continues to strengthen its footprint in the city’s most sought-after micro-markets. The upcoming office development will likely be part of Prestige Pre Launch Projects, offering early investment opportunities in a high-growth location.
The new project in Prestige Knowledge City is expected to feature Grade A commercial office towers with cutting-edge amenities, catering to top multinational corporations and fast-growing Indian enterprises.
Why Knowledge City Hyderabad is the New Investment Hotspot
Over the past decade, Knowledge City Hyderabad has transformed into a magnet for both global tech firms and real estate investors. With unparalleled connectivity via the Outer Ring Road (ORR), Hyderabad Metro, and its closeness to the Rajiv Gandhi International Airport, the region has seen exponential growth in infrastructure and commercial leasing.
The HITEC City-Gachibowli-Raidurg triangle is currently witnessing:
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One of the lowest office vacancy rates in India
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High rental yields with consistent year-on-year growth
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A steady inflow of corporate and institutional investments
Prestige Group: Leading the Next Wave of Commercial Development
With this ₹1,556 crore land deal, Prestige Group reinforces its leadership in premium commercial development. The group’s aggressive expansion through Prestige Pre Launch Projects and Prestige Upcoming Projects in Hyderabad is a testament to the city’s booming commercial market.
As part of its long-term strategy, Prestige Group is committed to delivering future-ready, sustainable office spaces that meet global standards, further solidifying Hyderabad’s position as a top-tier commercial real estate market in India.
Conclusion
This record-breaking acquisition in Prestige Knowledge City not only sets a new benchmark in Hyderabad’s real estate sector but also highlights the immense potential of Knowledge City Hyderabad as India’s next commercial capital.
For investors, tenants, and developers, this deal signals the right time to explore Prestige Upcoming Projects in Hyderabad and tap into one of the most dynamic and future-ready markets in the country.
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