Prestige Estates Projects buys 62.5 acres in Ghaziabad to build township | Company News

Real estate

Prestige Group, one of the leading real estate developers in the country, has a legacy of over three decades in real estate development.

Realty firm Prestige Estates Projects Ltd on Thursday said it has acquired 62.5 acres at Indirapuram Extension in Delhi-NCR to develop a township that has a revenue potential of Rs 10,000 crore.

The company said the acquisition cost is Rs 468 crore and includes a revenue share with the landlord.

In a regulatory filing, the company said this strategic acquisition marks a significant milestone for Prestige Group as it expands its footprint in the dynamic real estate

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