Prestige Estates' Indirapuram Township Shoots Past ₹30 Billion in Sales, Spells NCR Real Estate Revival

Prestige Estates Projects Ltd has scored a resounding entry in the National Capital Region with its mega residential project, The Prestige City, Indirapuram, clocking over ₹30 billion in sales within days of launch. The integrated township across 62.5 acres of land along NH-24 in Indirapuram Extension has immediately drawn homebuyers and investors alike, registering one of the most spectacular launches in recent history of the region.

 

Key Highlights:

The township provides a holistic lifestyle experience, with two luxury clubhouses, a 1.18 million sq ft Forum Mall, and a variety of amenities such as swimming pools, sports courts, and retail outlets.

 

With the impending second phase, Mayflower, the overall Gross Development Value (GDV) will touch ₹120 billion, reflecting Prestige's aggressive expansion in North India.

 

Chairman Irfan Razack welcomed the launch as a "monumental chapter," the group's promise to emerge a leading developer of the NCR and beyond.

The thundering success of The Prestige City, Indirapuram, makes Prestige Estates a powerful player in the real estate business of North India and paves the way for more marquee launches in the region.

 

Sources: Business Standard, Business Upturn, Bajaj Broking