Prestige to Launch 2 New Housing Projects in Delhi-NCR, Targets ₹7,000 Cr Revenue

What actually happened?

Prestige Estates Projects announced plans to launch two new housing projects in Delhi-NCR this fiscal year.

The company aims to generate close to ₹7,000 crore in revenue from these developments, marking a significant step outside its traditional South Indian markets.

• Two residential projects scheduled for launch in FY24-25
• Target revenue of nearly ₹7,000 crore
• Focus on Delhi-NCR region for expansion

What it means for buyers

Homebuyers and investors in Maharashtra should note Prestige’s growing footprint beyond South India, potentially increasing confidence in its brand.

Delhi-NCR projects may bring new housing options and competitive pricing as the developer enters this market.

With RERA compliance, buyers can expect regulated processes and better protection.

What to watch next

Watch for official launch dates and project details including pricing and amenities as Prestige rolls out these Delhi-NCR developments.

Investors and brokers should monitor market response and booking trends in this key northern market.

Keep an eye on regulatory approvals and RERA registrations to ensure transparency.