Prestige Group to Launch New Housing Projects in Delhi-NCR
Prestige Group is set to strengthen its presence in the Delhi-NCR market with two new housing projects planned for this fiscal year. The Bengaluru-based developer is expected to launch one project each in Noida and Gurugram, with a combined revenue potential of nearly ₹7,000 crore. This expansion reflects the company’s growing confidence in the NCR housing market, driven by strong demand and positive sales momentum.
Prestige Group Announces ₹7,000 Cr Housing Expansion in Delhi-NCR
Prestige Estates Projects plans to launch two major residential developments in Delhi-NCR as part of its expansion strategy. According to the company’s investor presentation, these projects will have a total developable area of around 8 million sq ft and a revenue potential of nearly ₹6,800 crore. The new launches are expected to further strengthen Prestige’s position in one of India’s fastest-growing property markets.
Prestige Group Bets Big on Delhi-NCR with ₹7,000 Cr Expansion
Prestige Group is making a major move in the Delhi-NCR real estate market with a planned expansion worth nearly ₹7,000 crore. The Bengaluru-based developer is set to launch two new residential projects this fiscal, reflecting its strong confidence in the region’s growth potential. This expansion highlights the company’s long-term strategy to strengthen its presence in NCR, where demand for quality housing continues to rise. With strong buyer interest and positive market sentiment, Prestige Group is positioning itself to capture growing opportunities in one of India’s most active real estate markets. details
Strong Housing Demand Continues to Drive Delhi-NCR Real Estate Growth
The Delhi-NCR real estate market continues to show strong momentum, driven by rising housing demand and improving infrastructure. Cities like Gurugram and Noida are attracting both homebuyers and investors due to better connectivity, modern developments, and long-term growth potential. Demand for premium and well-planned residential projects remains strong, encouraging major developers to expand aggressively in the region. This steady growth reflects increasing buyer confidence and reinforces Delhi-NCR’s position as one of India’s most promising real estate markets.
Why Prestige Group is Bullish on the Delhi-NCR Real Estate Market
Prestige Group remains highly optimistic about Delhi-NCR due to its strong market performance in the region. Chairman Irfan Razack stated that the company recorded around ₹10,000 crore in sales bookings in NCR during the last fiscal year. This strong response has reinforced the company’s confidence in the region, making Delhi-NCR a key market in its future growth strategy.
How Prestige City Indirapuram Strengthened Prestige Group’s NCR Presence
Prestige City Indirapuram played a major role in establishing the company’s foothold in the NCR market. The project received an exceptional response and recorded over ₹9,500 crore in pre-sales during its first year of launch. Its success gave Prestige Group strong momentum and validated the growing demand for premium residential developments in Delhi-NCR, encouraging further expansion in the region.