Prestige Estates to develop township in Ghaziabad, to invest Rs 7,000 crore
Real estate developer Prestige Estates has plans to develop a township in Ghaziabad with an investment of Rs 7,000 crore. The firm is also building a commercial project at Aerocity in Delhi.
Prestige said that they are bullish on the Delhi-NCR residential market and said there is a potential to achieve Rs 10,000 crore worth of housing sales annually if they are able to acquire land parcels consistently. The firm has forayed into the Delhi-NCR housing market by acquiring three land parcels in Delhi, Noida, and Siddharth Vihar, Ghaziabad.
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