Prestige Group Expands NCR Footprint with ₹4,200 Cr Gurugram Bet

has strengthened its presence in the NCR market by entering into a Joint Development Agreement (JDA) to develop a large-scale residential project in Sector 92, Gurugram, spanning 17.212 acres. The project is expected to deliver around 3 million square feet of saleable area with an estimated Gross Development Value (GDV) of ₹4,200 crore, highlighting a significant scale of execution and revenue visibility. Strategically located near key infrastructure like the Dwarka Expressway, the development is positioned to benefit from improving connectivity and rising housing demand in the micro-market. This move aligns with the company’s broader strategy of expanding into high growth urban regions while maintaining a calibrated approach toward land acquisition and development, reinforcing its long-term growth outlook in India’s real estate sector. Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.