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Beyond Bricks & Mortars- Blueprint For the Future

Torbit - April 12, 2024 - - 0 |
Venkat K Narayana, CEO, Prestige Group

Venkat K Narayana, CEO, Prestige Group

As we reflect on achieving the landmark of 300 projects, Prestige Estate, starting from its humble beginning in 1986, has evolved into India’s premier real estate conglomerates, leaving an indelible mark across residential office spaces, retail malls, hotels and property management sectors. Our pioneering ventures showcase our philosophy of ‘Building With Purpose’.Beyond bricks and mortar, our vision encompasses thriving ecosystems where communities flourish.

At Prestige Group, our mission is to be the architects of not just buildings but of an enduring legacy.We have successfully expanded our footprint into key geographies and established a strong foothold in Mumbai with marquee projects across segments. We have an exciting pipeline in NCR and a strong vision for other key markets like Pune, Hyderabad, Chennai etc.

Having achieved the milestone of 300 projects, we have clocked the highest ever sales of Es 16333 crore  in (MFY24, marking an impressive YoY growth of 81 percent. Area sold in 9MFY24 totalled 16.3 msf.We launched over 30 msf in three quarters, with 11000 plus units introduced in key markets of Bangalore, Mumbai and Hyderabad. During 9MFY24, Prestige completed 12.23 msf of space across all asset classes- residential, commercial, retail and hospitality in several geographies like Bangalore, Hyderabad, Kochi and Goa. To put it into perspective, we have delivered 175 msf in the last 36 years and are currently working on an equal 175 msf in the pipeline. Our goal is not merely to construct buildings but to curate environments that resonate with the heartbeat of a changing nation.

With a robust presence in 13 key cities, Prestige is now scripting the future with the dream of giving each prominent Indian city its own integrated  ‘Prestige City’, as we add life to lands, skylines to cities and prestige to projects.

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