Prestige Group has announced that it has handed over the Rs 1,000-crore high-rise luxury residential project 'The Prestige Tranquil' in Hyderabad.

The 7.85-acre project located in Kokapet comprises of four towers with 859 units, with price of the units ranging from Rs 1.80 crore to Rs 2.30 crore. The project has modern amenities, including a swimming pool, café, banquet halls, gym, squash court, badminton court, and other indoor games. The property is near the Outer Ring Road and is a short drive from the airport.

The project was completed six months well before the scheduled deadline.

The Group, which has operations in 12 cities, has completed 281 projects with an aggregate developed area of 16.60 million sq. ft. It is currently executing 57 ongoing projects, and is planning to start 44 new projects spanning 9.7 crore sq. ft. of developed space.