Prestige Group has added a 17.14-acre land parcel in Sector 109, Gurgaon to its residential development portfolio. Located in one of Gurgaon’s prime residential sectors, the land parcel enjoys excellent connectivity to the Dwarka Expressway, providing seamless connectivity to key residential, commercial and social infrastructure destinations across Gurgaon and Delhi.
The project will have a saleable area of around 2.8 million sq. ft., with an estimated Gross Development Value (GDV) of around Rs 5,600 crore. This acquisition further strengthens Prestige Group’s presence in the National Capital Region and adds significant scale to its residential pipeline in the north. The strategic location, coupled with the region’s robust residential demand and ongoing infrastructure development, makes this an important addition to the Group’s NCR portfolio.
Prestige Estates Projects is the flagship company of the Prestige Group. The company 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.
