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Bangalore-based Prestige Estate to Double Hospitality Holdings with INR 1700 Crore Investment

Bangalore-based Prestige Estate Projects plans to treble its hotel portfolio with a ₹1700 crore investment in the next 3-4 years. Managing 1,849 keys across India, the business aims to create ₹1,800 crore in income, tripling current sales of ₹900 crore.

By Admin

  • 1st May 2024
  • 1161 Views
Prestige Group Secures Prime 21-Acre Land in Whitefield for Luxury Residential Development

The Prestige Group, a renowned Indian real estate developer, has carefully bought 21 acres of prime Whitefield, Bangalore property. For the firm, this Rs 450 crore acquisition signifies a major expansion in one of the city's key IT corridors.

By Admin

  • 6th Apr 2024
  • 1177 Views
Prestige, Kotak, Abu Dhabi Investment Authority Partner For INR 18000 Cr Development Projects

In a Rs 18,000 crore ($2.4 billion) initiative with the Abu Dhabi Investment Authority (ADIA) and Kotak Alternate Investment Fund, Prestige Group is developing residential projects in India. Partners will spend Rs 2,001 crore ($270 million) to accelerate early-stage housing developments.

By Admin

  • 3rd Apr 2024
  • 1172 Views
Why Has Gurugram Become The New Favorite for India's Top Real Estate Developers?

In a symbol of Gurugram's rise as India's real estate capital, Godrej, Oberoi, Adani, and DLF have begun building luxury residential projects in the city. Prestige and Sobha are also competing in the city's property market, which is booming and attracting attention.

By Admin

  • 3rd Mar 2024
  • 1170 Views
Prestige Group to Expand Retail Real Estate With 9 Million Sq Ft of New Mall Space

Prestige Group, a renowned Bengaluru-based real estate developer, wants to build 9 million square feet of mall space in important Indian cities within three years. Muhammad Ali, Retail CEO, is planning to expand into Mumbai and Delhi-NCR, signalling a major development phase for the organisation.

By Admin

  • 14th Feb 2024
  • 1179 Views
High Street Real Estate in India Growing Consistently

India will see rapid high-street retail growth. Leading developers including DLF, Godrej, Prestige group, Brigade enterprises, M3M, Omaxe, and the Dhillon Group will build three million square feet of retail complexes with open spaces over the next two to three years.

By Admin

  • 16th Jan 2024
  • 1215 Views
Bengaluru Based Prestige Group Registers a Whopping 111 per cent Sales Growth in Q3 FY24

In the third quarter of fiscal year 24, Bengaluru-based real estate developer The Prestige Group earned Rs 5,326.1 crore. Over the last year, growth has been 111%. A January 9 regulatory filing indicated a 5.46 million-square-foot construction.

By Admin

  • 11th Jan 2024
  • 1185 Views
Bangalore Based Prestige Group Expands Its Horizon in Pune and Mumbai Real Estate Markets

The Prestige Group wants to develop 1 million square foot residential apartments in Pune in 2024. This enterprise might earn Rs 750–Rs 1,000 crore. Ahmed said the Bengaluru-based developer would launch 3 million square feet of property in Mumbai seeking Rs 15,000 crore in revenue next year.

By Admin

  • 20th Dec 2023
  • 1265 Views
India Real Estate Sector Dynamics - HSBC Forecasts Impact of Interest Rates and New Launches

HSBC rates Prestige Estates and Sobha 'buy' in Mumbai, DLF and Godrej Properties 'hold', and Oberoi Realty'reduce'. The brokerage company raised its share price predictions for several firms, indicating that interest rate swings and new projects would likely affect their profitability.

By Admin

  • 16th Dec 2023
  • 1241 Views
Prestige Group Debuts in Calicut With Prestige Ocean Pearl

Prestige Group, headquartered in Bangalore, launched its first residential property in Calicut, "Prestige Ocean Pearl." This project will redefine luxury living in Calicut, giving a peaceful respite from city life.

By Admin

  • 12th Dec 2023
  • 1203 Views
Prestige Estates Launches Prestlife Glenbrook - New Highrise Project in Whitefield, Bangalore

Prestige Estates in Bangalore has launched a new highrise residential property in Whitefield, an IT hotspot. Prestife Glenbrook has a Rs 550 crore revenue potential.

By Admin

  • 26th Nov 2023
  • 1272 Views
The Prestige City by Prestige Group in Hyderabad is Poised to be a Game Changer

Bengaluru-based Prestige Group plans to build The Prestige City, its biggest township, in Hyderabad with a sales potential of over Rs 8,000 crore.

By Admin

  • 12th Nov 2023
  • 1264 Views
Bangalore Based Prestige Group Announces Intent to Launch Real Estate Projects Across Delhi-NCR, Bengaluru, Hyderabad, Chennai, Mumbai and Goa

Bengaluru-based Prestige Group, a real estate giant, is planning to transform urban landscapes across Delhi-NCR, Bengaluru, Hyderabad, Chennai, Mumbai, and Goa. With a Bengaluru trial project, they are also targeting elder living.

By Admin

  • 26th Oct 2023
  • 1336 Views
Is the Prestige-TDI Collaboration Shaping the Future of Luxury Real Estate in Delhi?

In a move that indicates a significant shift in the luxury residential sector in Delhi, the Bengaluru-based Prestige Group is reportedly in advanced talks with TDI Infratech for a landmark project.

By Admin

  • 12th Sep 2023
  • 1238 Views
The Bangalore Based Prestige Group Acquires a 2 Acre Plus Plot of Land in Bhuleshwar, Mumbai for INR 704 crore

The Bengaluru-based Prestige Group acquired 2.3 acres of land in Bhuleshwar, Mumbai, from Marine Drive Hospitality and Realty Pvt Ltd, a subsidiary of DB Realty

By Admin

  • 20th Jul 2023
  • 1290 Views
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