Real Estate
Prestige Group Shifts Focus to ₹2-3 Crore Mid-Market Homes Amid Rising Demand
Bengaluru-based Prestige Group is pivoting towards the mid-market housing segment in the ₹2-3 crore range to cater to the growing demand from salaried homebuyers. The group aims to launch projects worth ₹50,000 crore by FY28-29, with a strong focus on tech-driven cities like Bengaluru and Hyderabad.
Real Estate Mumbai
Prestige Estates Reports ₹12,126 Crore in Q1 FY26 Sales, Marking 234% YoY Growth
Prestige Estates Projects recorded a significant sales surge in Q1 FY26, achieving ₹12,126 crore, a 234% increase year-on-year. The company's performance was driven by strong sales in the NCR region and the launch of new projects.
Real Estate
Prestige Group and Arihant Group Join Forces for ₹1,600 Crore Residential Project in Chennai
Bengaluru-based real estate developer Prestige Group and Chennai-based Arihant Group have announced a strategic partnership to jointly acquire a prime 3.48-acre land parcel in Velachery, Chennai, for a residential project with an estimated Gross Development Value (GDV) of over ₹1,600 crore.
Real Estate
Rane (Madras) Ltd Sells 3.48-Acre Chennai Land for Rs 361 Crore
Rane (Madras) Ltd has sold a 3.48-acre plot in Velachery, Chennai, to a joint venture between Prestige Estates Project Ltd and Arihant Foundations & Housing for Rs 361 crore, facilitated by real estate consultant CBRE.
real estate news
Prestige Group and Chennai-Based Arihant Form JV for Rs 1,600 Crore Residential Project
Prestige Group and Arihant Foundations and Housing Ltd have formed a joint venture to develop a 3.5-acre residential project in Chennai, with a revenue potential of over Rs 1,600 crore. The project is set to enhance the premium residential landscape in Velachery.
real estate news
India's Real Estate Boom: Can It Last and Which Companies Will Lead?
India's real estate sector is experiencing a significant revival, with major developers reporting strong sales and expansion plans. This article explores the sustainability of this momentum and highlights three leading companies in the sector.