Prestige Group enters NCR market with ₹9,000 crore residential project ‘The Prestige City – Indirapuram'
Prestige Estates Projects Limited has made its official debut in the National Capital Region (NCR) residential market with the launch of its flagship project, 'The Prestige City – Indirapuram'.
The company announced that it has received all necessary approvals from the Real Estate Regulatory Authority (RERA) and has launched the first phase of the project, comprising Oakwood and Mulberry. These two phases collectively represent a Gross Development Value (GDV) of over ₹9,000 crore, positioning the project among the most significant real estate debuts in NCR's history.
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Spread across 62.5 acres in Indirapuram Extension along National Highway 24, the township offers 3,421 premium homes across 19 towers, with unit sizes ranging from 1,681 sq. ft. to 6,026 sq. ft. The project features a mix of 2 BHK, 3 BHK, 3 BHK + Home Office, and 4 BHK + Home Office residences, world-class amenities, two grand clubhouses spanning 100,000 sq. ft., and an integrated Forum Mall covering 1.18 million sq. ft. of retail and entertainment space.
Mr. Irfan Razack, Chairman and Managing Director of Prestige Group, remarked, 'Today marks a monumental chapter for Prestige Group. The Prestige City – Indirapuram embodies the scale, ambition, and integrated lifestyle that Prestige stands for. It is only the beginning — we are committed to expanding our footprint in NCR with many more landmark developments.'
The company also confirmed that when the second phase, 'Mayflower,' is launched, the total GDV of the residential development is expected to reach a staggering ₹12,000 crore.
Prestige Group is known for delivering over 300 projects across residential, commercial, retail, hospitality, and mixed-use developments over the past three decades, setting industry benchmarks for quality and innovation.
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