+
Prestige Group Buys 21 Acres in Bengaluru for Rs 4.50 Bn
Real Estate

Prestige Group Buys 21 Acres in Bengaluru for Rs 4.50 Bn

In a significant move bolstering its presence in Bengaluru's real estate landscape, Prestige Group has successfully acquired 21 acres of land for a whopping Rs 4.50 billion. This strategic acquisition underscores the group's commitment to furthering its development endeavors in one of India's most vibrant property markets.

Situated in Bengaluru, the acquired land parcel holds immense potential for Prestige Group's ambitious development plans. The acquisition aligns seamlessly with the company's vision of delivering world-class residential and commercial spaces that redefine urban living standards.

With this latest addition to its land bank, Prestige Group aims to leverage its expertise in crafting iconic properties that resonate with modern lifestyles and architectural excellence. The prime location of the acquired land further enhances its attractiveness, offering a lucrative opportunity for Prestige Group to cater to the evolving demands of discerning homebuyers and investors.

This acquisition not only signifies Prestige Group's unwavering commitment to Bengaluru's real estate sector but also underscores its confidence in the city's long-term growth prospects. As a prominent player in the Indian real estate arena, Prestige Group continues to set benchmarks with its innovative projects and customer-centric approach.

The successful acquisition of the 21-acre land parcel in Bengaluru marks yet another milestone for Prestige Group, reinforcing its position as a frontrunner in the country's dynamic real estate market.

In a significant move bolstering its presence in Bengaluru's real estate landscape, Prestige Group has successfully acquired 21 acres of land for a whopping Rs 4.50 billion. This strategic acquisition underscores the group's commitment to furthering its development endeavors in one of India's most vibrant property markets. Situated in Bengaluru, the acquired land parcel holds immense potential for Prestige Group's ambitious development plans. The acquisition aligns seamlessly with the company's vision of delivering world-class residential and commercial spaces that redefine urban living standards. With this latest addition to its land bank, Prestige Group aims to leverage its expertise in crafting iconic properties that resonate with modern lifestyles and architectural excellence. The prime location of the acquired land further enhances its attractiveness, offering a lucrative opportunity for Prestige Group to cater to the evolving demands of discerning homebuyers and investors. This acquisition not only signifies Prestige Group's unwavering commitment to Bengaluru's real estate sector but also underscores its confidence in the city's long-term growth prospects. As a prominent player in the Indian real estate arena, Prestige Group continues to set benchmarks with its innovative projects and customer-centric approach. The successful acquisition of the 21-acre land parcel in Bengaluru marks yet another milestone for Prestige Group, reinforcing its position as a frontrunner in the country's dynamic real estate market.

Next Story
Real Estate

MoHUA Sanctions 1.47 Lakh Additional Houses Under PMAY-U 2.0

In a major push towards the Government’s Housing for All mission, the Ministry of Housing and Urban Affairs (MoHUA) has approved 1,46,582 additional pucca houses under Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0) for 14 States/UTs, bringing total sanctions under the revamped scheme to 8.56 lakh.The decision came during the fourth meeting of the Central Sanctioning and Monitoring Committee (CSMC), chaired by Srinivas Katikithala, Secretary, MoHUA, at the Ministry’s Kasturba Gandhi Marg office. Senior officials, State Principal Secretaries, and PMAY-U Mission Directors participated ..

Next Story
Real Estate

Piyush Goyal Inaugurates Expanded ISA Building at Intellectual Property Office

Union Minister of Commerce and Industry, Piyush Goyal, today inaugurated the newly expanded International Searching Authority (ISA) building at the Intellectual Property Office (IPO) in Dwarka, New Delhi, marking a major step forward in India’s intellectual property ecosystem.Addressing the gathering, Goyal highlighted that innovation has been central to India’s heritage for centuries, citing the engineering brilliance of the Konark Temple as a historic example. He emphasised that innovation is not just intellectual property but a symbol of sovereignty, and a key driver in India’s journe..

Next Story
Real Estate

SIEGER Boosts Automation in Mumbai Realty

SIEGER, a leading automation solutions provider, is expanding its advanced manufacturing capabilities to meet the surging demand for precision, high-speed automation in Mumbai’s rapidly growing real estate sector.Operating from a 21,000 m² advanced production hub in Coimbatore—part of a 40,000 m² integrated campus—SIEGER offers complete solutions from design and prototyping to manufacturing and deployment. The fully digitalised facility features CNC machining, QR-coded component tracking, conveyorized powder coating, and a Government of India–certified R&D centre, ensuring unmatc..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?