Prestige Estates Projects has secured a prime land parcel in Sector 92, Gurugram, further strengthening its presence in the National Capital Region (NCR).

The Company has entered into a Joint Development Agreement (JDA) for a 17.212-acre land parcel. The proposed development is expected to have a saleable area of around 3 million square feet, with an estimated Gross Development Value (GDV) of around Rs 4,200 crore.

Strategically located in Sector 92, Gurugram, with close proximity to the Dwarka Expressway, the project is well-positioned to benefit from the area’s improving infrastructure, enhanced connectivity to key business districts, and growing residential demand. The development is envisaged as a modern, thoughtfully planned residential community aligned with Prestige Group’s focus on quality and execution.

This development is expected to further enhance Prestige Group’s residential portfolio in NCR and reflects its continued focus on expanding across key urban markets with a calibrated and execution-led approach.

Prestige Estates Projects is the flagship company of the Prestige Group. Prestige Estates Projects is engaged in the business of real estate development. The company’s principal products/services include Development and construction of Properties, Leasing of commercial properties and Share of profit /loss from partnership firm.