Prestige Launches Evergreen At Raintree Park, Bengaluru

19 Jan 2026 CW Team

Prestige Estates Projects Limited has announced the launch of Evergreen at Prestige Raintree Park, its latest premium residential development in Whitefield, Bengaluru.

Spread across approximately 24 acres, the project will comprise around 2,000 apartments with a total saleable area of 3.2 million square feet. The development will offer a mix of one-, two-, three- and four-bedroom residences designed to cater to evolving urban lifestyle preferences.

Apartments are priced from approximately Rs 29 million onwards, with the project carrying an estimated gross development value (GDV) of about Rs 50 billion.

The launch builds on the success of Prestige Raintree Park’s earlier phase introduced in September 2024, which focused on larger-format homes and received strong market response. Evergreen expands the offering to include a broader range of apartment sizes, including compact homes, enabling wider buyer participation while retaining the premium positioning of the township.

Whitefield continues to remain one of Bengaluru’s most sought-after residential micro-markets, supported by established IT hubs, robust social infrastructure and improving connectivity, making it attractive for both homebuyers and investors.

Commenting on the launch, Mr Irfan Razack, Chairman and Managing Director of Prestige Estates Projects Limited, said Evergreen is designed to address shifting customer demand in Whitefield by offering a wider mix of apartment configurations, including smaller-format residences. He noted that the project’s location at the junction of Whitefield and Varthur provides strong connectivity to key office hubs and benefits from proximity to established infrastructure such as schools, malls and hospitals, positioning it for healthy demand.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..