Prestige Group signs civil contract with L&T worth Rs 1,560 cr

03 Jan 2022 CW Team

Prestige Group told the media that it had signed a civil contract with Larsen and Toubro (L&T) worth Rs 1,560 crore for the buildings construction and infrastructure development at the Prestige City in Bengaluru.

The construction project work of Prestige Group includes the construction of towers and villas, having 6,768 apartments over 39 towers with an average of 30 levels high with four clubhouses and 149 villas. It also comprises building structures and finishes for a 13 million sq ft built-up area.

L&T Construction, the construction arm of L&T, has bagged a significant order for the company's building and factories business to construct a residential township in Bengaluru. The expected period to complete the project is 42 months, L&T told the media.

L&T Limited said that the company's project work includes designing and constructing the civil structure, including waterproofing, masonry, plastering and electrical works. Prestige Group has completed 250 projects with a total development area of 136 million sq ft, with 29 projects ongoing across segments, with 36 million sq ft development area. The company has a 34 million sq ft area under planning and has a potential development area of over 27 million sq ft.

Image Source

Infrastructure Urban

04 Dec 2025

ISRO’s IMAT Success Boosts Readiness for Maiden Gaganyaan Mission

Union Minister of State for Science and Technology Dr Jitendra Singh informed Parliament that ISRO has achieved a key milestone in its preparations for India’s first human space mission with the successful completion of the Integrated Main Parachute Airdrop Test (IMAT). He said in the Lok Sabha that the test forms a central part of the qualification campaign for the Crew Module’s parachute-based deceleration system, one of the most vital elements in human-rating the mission.According to Dr. Jitendra Singh, the IMAT recreated one of the most demanding descent conditions by intentionally del..

Gyanesh Kumar Takes Charge as Chair of International IDEA Council

Chief Election Commissioner of India Gyanesh Kumar has assumed the Chairship of the Council of Member States of the International Institute for Democracy and Electoral Assistance for 2026. The ceremony in Stockholm was also attended by India’s Ambassador to Sweden, Anurag Bhushan. India, a founding member of International IDEA, has long contributed to the organisation’s governance and global democratic dialogue, and the new Chairship signals broad recognition of the Election Commission of India as a trusted and innovative election management institution.During his visit, Kumar held discuss..

Coal Mines Boost Local Growth and Support India’s Energy Self-reliance

The Magadh and Amrapali coal mines in Jharkhand are playing a pivotal role in strengthening India’s energy security, contributing nearly half of Central Coalfields Limited’s total coal production in 2024–25. Both mines support the broader goal of ensuring steady coal availability for the power sector under the vision of Aatmanirbhar Bharat. Magadh has estimated mineable reserves of 854.91 million tonnes, while Amrapali holds 456.34 million tonne. For FY 2025–26, the two are expected to generate net sales revenues of Rs 28.12 billion and Rs 23.67 billion respectively. Local development ..