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Prestige Group is planning to launch mid-segment housing projects in Thane and Panvel. It is currently present in Marine Lines, Pali Hill, Mahalaxmi and Mulund. After launching luxury projects in marquee locations of Mumbai, listed real estate developer Prestige Group is now planning to launch mid-segment housing projects in Mumbai Metropolitan Region (MMR) in areas such as Thane or Panvel, said Irfan Razack, Chairman and Managing Director of Prestige Group.
Prestige Group, the Bengaluru-based company, currently has projects in Marine Lines, Pali Hill area of Bandra, Mahalaxmi and Mulund. According to the company, it has projects worth Rs 60,000 crore in its pipeline across the country.
The company is conscious of catering to mid segment homebuyers and is conscious of need to get into a product which is appealing to the mid-income group and hence looking at various opportunities in Thane, in Panvel, and other places.
The company's projects in Delhi-NCR are in the approval stage, one in sector 150, Noida, one in Indirapuram, Ghaziabad and the other in Kasturba Gandhi Marg in Connaught Place area.
