Investment worth Rs 10,000 crore planned by Prestige Group
Real estate major Prestige Group has plans to invest Rs 10,000 crore in the residential real estate sector by the end of FY25. This covers Rs 3,000 crore to acquire more land units and Rs 7,000 crore to construct and develop upcoming projects.
The developer is looking at expanding in cities like Delhi-NCR, Goa, Hyderabad, Mumbai, Chennai, and Bengaluru. In a statement, the firm said more than 70 percent of the total sales value and about 75 percent of the launches.
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