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Prameela Balakkala

30th Jun · SEBI-Registered Analyst

Prestige Estates Expands Luxury Footprint with Forest Hills Phase 2 in Mulund

$PRESTIGE 📍 Location Spotlight: Mulund, Mumbai’s emerging premium residential hotspot. 🏘️ Project Overview: ✅ Approximately 500 upscale 3 & 4 BHK apartments crafted for refined living. ✅ Gross Development Value (GDV) estimated at ₹2,200 crore. 🔑 Why This Launch Matters: 📈 Mumbai’s luxury housing demand remains robust, particularly in well-connected suburban hubs like Mulund. 🏦 Prestige Estates is strategically growing beyond Bengaluru, reinforcing its presence in India’s top metropolitan markets. 💰 The ₹2,200 crore GDV project significantly boosts Prestige’s revenue visibility and project pipeline for the coming years. 📊 Key Takeaways: ⚡ Phase 2 of Forest Hills strengthens Prestige’s Mumbai portfolio. ⚡ Focus on luxury, connectivity, and lifestyle appeals to affluent homebuyers. ⚡ Positions Prestige as a key player in India’s luxury real estate sector.

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