Date: June 30, 2026

Regulatory Disclosure

The company has made a disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, informing that the Company through its Wholly Owned Subsidiary has launched "Phase 2 of Prestige Forest Hills at The Prestige City, Mulund" in Mumbai.

Project Launch Details

Project Name: Phase 2 of Prestige Forest Hills at The Prestige City, Mulund

Location: Mulund, Mumbai

Specific Location: Foothills of Yogi Hills in Mulund West

Comprising: Towers C (in part) & Tower D

Project Specifications:

  • Total residences: 500 premium residences
  • Apartment types: 3 and 4-bedroom residences with expansive decks
  • Carpet area range: 946 sq. ft. to 2,643 sq. ft. (RERA carpet area)
  • Ticket sizes: Starting from approximately ₹2.73 crore
  • Total developable area: Approximately 1.7 million sq. ft.
  • Estimated Gross Development Value (GDV): Approximately ₹2,200 crore

Location Advantages:

  • Serene forest views
  • Strategic location with seamless access to key business districts
  • Access to social infrastructure
  • Proximity to major transport corridors across Mumbai

Project Context:

Prestige Forest Hills forms part of the landmark The Prestige City, Mulund, which is:

  • A large integrated township
  • Spread across approximately 32 acres
  • Featuring premium residential developments
  • Proposed retail, commercial, educational, healthcare, and social infrastructure

Project History:

  • Phase 1 of Prestige Forest Hills (comprising Towers A & B) was launched in August 2024
  • Prestige Forest Hills is spread across approximately 6.5 acres
  • Comprises four high-rise towers
  • Features expansive podium with over 50 lifestyle amenities
  • Designed to offer holistic living experience amidst lush green surroundings

Company Background

About Prestige Group:

  • One of India's most respected and diversified real estate developers
  • Legacy spanning four decades
  • Portfolio includes residential, commercial, retail, hospitality, and integrated township projects
  • Projects across major cities

Portfolio Statistics (as of March 2026):

  • Delivered projects: 316 projects
  • Delivered area: 212 million sq. ft.
  • Current pipeline: 135 projects
  • Pipeline area: 227 million sq. ft.