Kollur Discussions

Just trying to gather some thoughts on this massive new launch by Prestige Group near ORR Exit 2. It’s a huge township project with 50+ floors, and people online keep saying it’s going to be a major landmark in the Tellapur-Kollur stretch.The pre-launch prices are floating around 93L onwards for 2BHKs, but with so many units (over 5000), I'm feeling a bit mixed about the actual investment value and the long-term traffic scene. Looking for real builder feedback and opinions from anyone who has checked out the location or spoken to brokers recently. Quick Facts Project Name: Prestige Golden Grove Location: Velimela, near Tellapur / Kollur (Exit 2), Hyderabad RERA Status: Approved (RERA No: P01100010708) Project Size: ~28.7 Acres, 10 Towers, 52 Floors (G+52) Total Units: Around 5,120 apartments (2, 3, & 4 BHK) Expected Possession: March 2031 onwards Pricing Broker was telling me something like the base price starts around 93 Lakhs for a 2BHK, but honestly, by the time you add car parking, amenities, floor rise, and GST and all that, it will easily cross 1.1 Crore or more. For 3BHKs, it's looking like 1.4Cr to 1.6Cr+ depending on the size. I'm slightly confused about their floor rise charges because it's a 52-floor building, if someone books on the 40th floor, that extra cost per sq ft is going to be huge. Is the carpet area actually decent or is a lot of space going into the massive balconies? Seems a bit steep for Velimela area, but maybe I’m wrong given the brand name. Builder It’s Prestige, so obviously they have a huge reputation and won't just run away with the money like some unknown local builders. But 5,120 flats in one single project is just wild. My cousin almost booked a property of theirs in Bangalore and said their construction quality is usually standard, but managing a mega project with 10 towers that go up 52 floors sounds like a massive logistical task. They are saying possession by 2031, which is a solid 5 years away. Will they actually deliver on time or will it drag on? Investment Some people in my office keep talking about how this stretch will appreciate fast because Kokapet Neopolis is nearby and it's right off the Outer Ring Road. They call it a high-alpha zone or something online, but I worry about exit strategy. If there are 5000 other owners in the same society, when you want to sell your resale flat later, wouldn't there be too much competition? It's okay for living maybe, but as a pure investment, I'm a bit unsure if it’s better to look at smaller, low-density projects nearby. Location The site is in Velimela, right near The Gaudium School and close to the Kollur Exit 2 service road. One good thing is that it borders the ICRISAT campus, so those forest views on that side should be permanent, which is nice since you won't get another high-rise blocking your air later. But right now, when you visit the ground, there are still empty plots next to these luxury towers and lots of half-built infrastructure around. It feels very far out from the main city, though people say it will catch up fast. Traffic Right now, driving on the ORR service road is smooth, but I am really worried about the future bottleneck. Imagine 5,000 families moving into this project alone, plus all the other massive high-rises coming up near Kollur and Osman Nagar. The Exit 2 toll plaza and the connecting roads are going to be completely jammed during peak hours. Even now, the traffic heading towards the Financial District is getting worse every month. Anyone else seeing this or am I just overthinking the commute?

Hi everyone, I’m associated with Prestige Group as a channel partner and currently assisting buyers for Prestige Golden Grove in Kollur. If you’re exploring property options, I can help you with: Genuine pricing & availability End-to-end support Site visits & booking assistance Feel free to reach out if interested 😊

Hi all Any svadha mackennas owners in the thread. please respond.we are looking to start a watsapp group to keep in touch with construction updates and registration updates. thank you

Hello guys, I am looking for a pre-launch or just launched project in Kollur area along the ORR service road and Exit 2. My main intention is for Resale or rental purpose in future. I am looking for 50:50 payment option and found a project called Hirize Elinor (JD with Prosper) which is aligning to my requirement. They are quoting 5500/- in 50:50 option and slightly negotiable on table. It is nearly spread across 10 acres and density is around 190 flats per acre. I visited the site and they are doing the excavation work. Launch is expected in Feb/March 26. Anyone has idea about this project and the builder reputation or any concerns ?

Hi All, planning to invest in kollur/velimala/tellapur area. Looking for suggestions on the right way to invest for better returns. I’ve been thinking about investing on a villa during pre-launch, or buy landlord flats at a discount with one time payment or invest in pre-launch apartment projects. I am a newbie. Im worried about liquidity problem if chose to go with a villa as a higher entry would limit number of buyers. premium or tier-1 builders have a higher base compared to other builders, so inclined towards tier-2 builders with some reputation for delivering on time. Am I looking at this in a wrong way? Investment in villa vs apartments? Which one would give good returns in the next 5+ years. worried about macro/recession/over supply as well. need some guidance

I am planning to buy a villa in APR Praveen Eterno project, looking for any owners in this forum who purchased villa in the same project. Please let me know if we can connect offline to discuss about the project -9502501232

Anyone got updates on the Mayfair projects Gateway, Classic, and Majesty, coming up at Edulanagulapally near Kollur EXIT 2? There have been no disccussions not even the usual pre-launch whispers floating around even though it is such a big jump in kollur inventary. I am quite interested because honestly, this is a huge shift for Mayfair. After doing mostly villa projects, they’ve suddenly dropped plans for 22 towers at once. I am not sure how they are planning to distribute the launch but it won't be all at once for sure, if anyone has info regarding the pre-launch timeline or pricing, please share. For those who don't know Mayfair is planning 3 new projects near Kollur exit-2 in 139 acres; 1. Gateway: 12 towers, G+47, 4548 units 2. Classic: 10 towers, G+47, 2830 units 3. Majesty: 410 villas Some people are saying Gateway will be launched first at ariung 5200 per sft. Also slightly worried about infra - the 100 ft road here already struggles during rush hour, and throwing 7000 units on it without road upgrades is going to get messy real fast. Kokapet is already reaching towards saturation so I hope not every builder move towards kollur now without much needed infra upgrades which will take 4-5 years minimum. Would really appreciate an update.

Any suggestions for apartments under 80L near Kollur for rental purposes to generate good rental income. Reputed builder and gated community. Thanks a lot.