Prestige Group sells luxury residential units worth Rs 1,300 crore in Mumbai
Real estate developer Prestige Group has informed selling of uber-luxury residences in its project 'The Prestige Ocean Towers' worth Rs 1300 crore in South Mumbai within three months of launch. Spread across a 2-acre plot the project is situated at Marine Lines with views of the Queen's Necklace and the Arabian Sea, and houses 169 canvas residences spanning two towers.
The project has a developable potential of 4.62 lac sq. ft carpet area with an estimated revenue potential of approximately Rs 4,100 crore.