Prestige Group Launches Rs 120-Bn Housing Project in Ghaziabad
Prestige Group has made a significant move in the National Capital Region (NCR) by launching the first phase of its Rs 120-billion housing project in Ghaziabad. This strategic entry into the residential market marks a major milestone for the company, aiming to cater to the growing demand for quality housing in the region.
Real EstateHousing ProjectGhaziabadPrestige GroupNcrReal Estate NewsApr 30, 2025
The first phase of the project was officially unveiled in a recent regulatory filing, marking a significant step forward in the company's expansion strategy. Prestige Group, known for its commitment to excellence and innovation, has carefully designed the project to meet the evolving needs of homebuyers in the NCR. The housing complex will feature a variety of residential units, ranging from compact apartments to spacious villas, ensuring there is something for everyone.
Located in a prime location in Ghaziabad, the project offers easy access to key infrastructure, including major roads, public transport, and commercial hubs. This strategic positioning is expected to enhance the appeal of the project and make it a preferred choice for both first-time homebuyers and seasoned investors. The company has also placed a strong emphasis on sustainability and green living, with plans to incorporate eco-friendly features and modern amenities throughout the development.
According to the regulatory filing, the first phase of the project is expected to be completed within the next three to four years. This phase will see the construction of over 5,000 residential units, along with a range of supporting facilities such as schools, hospitals, and recreational areas. The project is expected to create thousands of job opportunities, both during the construction phase and after the completion of the development.
Prestige Group has a strong track record of delivering high-quality projects on time and within budget. The company's commitment to customer satisfaction and attention to detail have earned it a reputation for reliability and trustworthiness in the real estate market. This new project in Ghaziabad is expected to further solidify its position as a leading player in the industry.
In a statement, the CEO of Prestige Group expressed confidence in the project's success, stating, 'We are excited to bring this world-class housing project to Ghaziabad. Our aim is to create a community that not only meets the needs of its residents but also sets a new standard for quality living in the NCR. We believe this project will be a game-changer and a benchmark for others to follow.'
The launch of this project is also seen as a positive indicator of the growing demand for residential properties in the NCR. With the region experiencing rapid urbanization and economic growth, the need for quality housing is more pressing than ever. Prestige Group's entry into the market is expected to contribute to the overall development of the region and provide homebuyers with a range of attractive options.
As the project progresses, Prestige Group remains committed to maintaining the highest standards of quality and service. The company has already begun pre-sales for the residential units, and early interest has been strong. The project is expected to attract a diverse range of buyers, from young professionals to families looking for a comfortable and convenient lifestyle.
In conclusion, the launch of the Rs 120-billion housing project by Prestige Group in Ghaziabad is a significant development that is set to transform the residential market in the NCR. With its strategic location, comprehensive amenities, and commitment to sustainability, the project is poised to become a benchmark for quality living in the region. Homebuyers and investors alike are eagerly anticipating the completion of this ambitious project, which promises to deliver a new standard of excellence in the real estate sector.
Frequently Asked Questions
What is the total value of the housing project in Ghaziabad by Prestige Group?
The total value of the housing project in Ghaziabad by Prestige Group is Rs 120 billion.
How many residential units will be constructed in the first phase of the project?
The first phase of the project will see the construction of over 5,000 residential units.
What are the key features of the project that make it attractive to homebuyers?
The project features a variety of residential units, easy access to key infrastructure, sustainability, and modern amenities. It also includes supporting facilities such as schools, hospitals, and recreational areas.
When is the expected completion date for the first phase of the project?
The first phase of the project is expected to be completed within the next three to four years.
What is Prestige Group's reputation in the real estate market?
Prestige Group is known for its commitment to excellence, innovation, and customer satisfaction. The company has a strong track record of delivering high-quality projects on time and within budget.
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