Prestige Estates Expands in Delhi-NCR: New Projects in Noida and Gurugram
Prestige Estates, after a successful launch in Ghaziabad, is set to introduce new mid-income housing in Noida and a commercial project in Gurugram. Delhi-NCR is now the company's largest market, surpassing Bengaluru.
Real EstateDelhincrPrestige EstatesHousing ProjectsCommercial ProjectsReal Estate NewsNov 17, 2025
Prestige Estates is now set to expand its presence in Delhi-NCR with new projects. The company is planning a residential project for the middle-income group in Noida and a large-scale commercial project in Gurugram. These projects are still in the planning phase, but Prestige Estates is determined to increase its presence in the region through these developments.
The real estate market in Delhi-NCR has seen a significant shift, with the region now overtaking Bengaluru as Prestige Estates' largest market. During the initial six months of FY2026, the NCR region accounted for 45% of the company's total sales, the highest figure from any Indian market. This trend highlights the growing demand for quality homes and large-scale developments in Noida, Gurugram, and Ghaziabad.
The expansion of Prestige Estates into Delhi-NCR is expected to bring more choices for homebuyers. The market, currently dominated by developers like DLF, Godrej Properties, M3M, and TARC, will see intensified competition. This increased competition is likely to benefit homebuyers, offering them more options, better quality, and a larger supply of both residential and commercial properties.
With thousands of crores worth of inventory already sold and new projects on the horizon, Prestige Estates is poised to become a major force in the NCR real estate landscape in the coming years. The company's focus on quality and customer satisfaction is expected to drive its success in this competitive market.
Frequently Asked Questions
What is the estimated gross development value (GDV) of the Ghaziabad project by Prestige Estates?
The estimated gross development value (GDV) of the Ghaziabad project by Prestige Estates is more than ₹10,000 crore.
What new projects is Prestige Estates planning in Delhi-NCR?
Prestige Estates is planning a residential project for the middle-income group in Noida and a large-scale commercial project in Gurugram.
How much of Prestige Estates' total sales did the NCR region account for in the initial six months of FY2026?
The NCR region accounted for 45% of Prestige Estates' total sales in the initial six months of FY2026.
Which other developers are currently dominant in the Delhi-NCR real estate market?
The Delhi-NCR real estate market is currently dominated by developers like DLF, Godrej Properties, M3M, and TARC.
What are the expected benefits for homebuyers due to Prestige Estates' expansion in Delhi-NCR?
The expansion of Prestige Estates in Delhi-NCR is expected to bring more choices, better quality, and a larger supply of both residential and commercial properties for homebuyers.
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