Prestige Group has entered into a strategic partnership to develop a landmark residential project in Thane. Spread across around 14.6 acres with an estimated GDV (Gross Development Value) of Rs 6,000 crore, the project will have a developable potential of over 5 million square feet, making it one of the largest residential developments in the micro-market.
The project will offer a thoughtfully planned mix of residences designed to cater to a diverse range of homebuyers, including young professionals, first-time buyers and growing families. Complementing the residential offering will be a vibrant retail offering, creating a convenient live-work-shop environment for residents and the surrounding community.
Strategically located near Kolshet-Balkum Road in Thane, the development enjoys excellent connectivity to key business districts, major road networks, educational institutions, healthcare facilities and established social infrastructure. Backed by significant infrastructure investments and strong end-user demand, the location has emerged as one of the Mumbai Metropolitan Region's most sought-after residential destinations.
Prestige Estates Projects is the flagship company of the Prestige Group. Prestige Estates Projects is engaged in the business of real estate development. The company’s principal products/services include Development and construction of Properties, Leasing of commercial properties and Share of profit /loss from partnership firm.
