Prestige Group acquires 21 acres in Whitefield, Bengaluru, for Rs 450 crore and plans a 4 million sq ft residential project.

Prestige Group, a leading Indian real estate developer, acquires 21 acres of land in Whitefield, Bengaluru, for approximately Rs 450 crore, planning a residential development project spanning 4 million sq ft and 1,800 apartments. The project aims to generate Rs 4,500 crore in revenue over the next four years, with an estimated completion in 4 years. The company has a land bank of around 728 acres as of September 2023.

April 04, 2024
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