Key Quantitative Figures
- Land parcel size: 17.14 acres
- Location: Sector 109, Gurgaon
- Saleable area: Approximately 2.8 million sq. ft.
- Gross Development Value (GDV): Approximately ₹5,600 crore
Project Details
The newly acquired land parcel is located in one of Gurgaon's prime residential sectors with excellent connectivity to the Dwarka Expressway, providing seamless connectivity to key residential, commercial and social infrastructure destinations across Gurgaon and Delhi.
Strategic Rationale
This acquisition further strengthens Prestige Group's presence in the National Capital Region and adds significant scale to its residential pipeline in the north. The strategic location, coupled with the region's robust residential demand and ongoing infrastructure development, makes this an important addition to the Group's NCR portfolio.
Management Commentary
Mr. Irfan Razack, Chairman & Managing Director, Prestige Group, commented: "Our entry into the NCR residential market last year marked an important milestone in our growth journey, and the response we have received from the market has been extremely encouraging. With a strong portfolio of developments planned across NCR in FY27, we are steadily building scale and depth in the region. This new project in Sector 109, Gurgaon, further strengthens our pipeline and reflects our confidence in the longterm potential of NCR. We believe the region will play an increasingly important role in our growth and emerge as a significant contributor to our sales trajectory going forward."
Company Background
Prestige Group is one of India's leading and most diversified real estate developers with a legacy spanning four decades. The portfolio includes residential, commercial, retail, hospitality, and integrated township projects across major cities. As of June 2026, the Group has delivered 319 projects spanning 216 million sq. ft. and currently has a pipeline of 137 projects across 229 million sq. ft.