Prestige Forays in North India With $195 Mn Housing Project
Prestige Estates is planning a USD 195 million housing project in Noida, Uttar Pradesh in the ongoing year, which would mark its first project in North India. The real estate firm is now awaiting final approval to launch its 2.2-million sq. ft. mid-income housing project by September, 2023. Moreover, the developer has planned attractive pricing to make it more affordable to many, as uptick is seen more in the luxury segment rather than the affordable category. By March 2024, Prestige hopes to initiate four or five projects in the National Capital Region (NCR). Prestige has complated over 280 residential, commercial, retail and hospitality projects in Bengaluru and other cities in South India. It launched its maiden residential project in Mumbai in 2022.
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