Prestige Group - Muscling into Bangalore Realty Market
Published on Jan 25, 2013, 07:20 AM IST
Prestige Group is muscling into lucrative Bangalore realty market, giving jitters to competitors. To date, Prestige group has completed over 163 projects spanning to an extent over 47 million sqft of area. They've emerged as one of the most trusted developers by land owners and consumers. The recent investor presentation from Prestige group shows that they've planned to launch 18 projects in over 27 million sqft. Interestingly, 14 of these projects are in Bangalore with over 25 million sqft developable area.
Here's the list of projects
- Prestige Leela Residences - 0.36 million sqft
- Prestige Brooklyn Heights - 0.27 million sqft
- Prestige Jade Pavilion - 0.68 million sqft
- Jayanagar Property - 0.39 million sqft
- Prestige Casabella - 0.48 million sqft
- Prestige South Woods - 1.28 million sqft
- Prestige Royale Gardens (Doddaballapur Road) - 2.89 million sqft
- Prestige Lakeside Habitat - 8.4 million sqft
- Prestige Primerose Hills - 2.04 million sqft
- Electronic City Property - 3.27 million sqft
- Magadi Road Property - 1.02 million sqft
- New Airport Road Property - 2.72 million sqft
- Prestige Park Square - 0.65 million sqft
- Vaderahalli Property - 1.38 million sqft
Also an ORR Mall with over 1 million sqft is expected to be launched. These are estimated launches for FY13-14. So expect a few soft or pre-launches soon. Way to go Prestige..
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