Prestige Estates Announces ₹30,000 Crore Investment for New Projects in Major Indian Cities

Prestige Estates Projects Limited has unveiled an ambitious ₹30,000 crore investment plan to launch new real estate projects in key cities like Bengaluru, Delhi-NCR, Mumbai, and Chennai. These developments aim to meet the rising demand for housing and commercial spaces in urban hubs. The company has already submitted most of these projects for RERA approval and plans to roll them out by March 2025. This strategic move underscores Prestige Estates' commitment to strengthening its market position despite prior regulatory challenges.

Sources: India.com, Economic Times, Square Yards