Real Estate

Real Estate Transactions

Prestige Group to invest Rs.7,500-Cr to gain foothold in Mumbai

Business Standard  

Bengaluru-based realtor Prestige Group has drawn up a plan to invest at least INR 7,500 crore over the next four-five years in Mumbai. The listed company, which has a presence in the southern market and has delivered over 250 projects, will develop both residential and commercial projects in the financial capital. The group envisages developing at least 16 million square feet of space in six projects spread across the city. The projects include developing one commercial property each in the Bandra Kurla Complex business district and in central Mumbai's Mahalaxmi, along with a 6 million square feet integrated development project in the northeastern suburb of Mulund.