Construction of new residential towers in Delhi-National Capital Region
Prestige Estates is set to bolster its presence in the Delhi-National Capital Region (NCR) by launching two new housing projects within the current fiscal year. The company anticipates these developments will generate a potential revenue of approximately Rs 6,800 crore.
This strategic expansion follows a successful prior launch in the region, which saw significant pre-sales activity, underscoring the market’s receptiveness to Prestige’s offerings. The real estate developer is expressing strong confidence in the Delhi-NCR market’s potential.
Overall, Prestige Estates has set an ambitious target of Rs 35,000-36,000 crore in total sales bookings for the fiscal year. This target is largely fueled by robust customer demand for enduring real estate investments, indicating a sustained interest in property as a long-term asset class.
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