Prestige Group Welcomes 2019 With the Inauguration of Six Developments Under Their Residential and Commercial Portfolio
Bangalore, Karnataka, IndiaPrestige Group, India’s leading real-estate developer, inaugurated six developments under their residential and commercial verticals on Saturday – 5 January 2019.
Prestige Group, India’s leading real-estate developer, inaugurated six developments under their residential and commercial verticals on Saturday – 5 January 2019.
The properties included:
1] Prestige Cessna Business Park – Block 11 (Commercial)
2] Prestige West Woods (Residential)
3] Prestige Royale Gardens (Residential)
4] Prestige Central (Commercial)
5] Prestige Spencer Heights (Residential)
6] Prestige Augusta Golf Village (Residential)
The residential developments offer a wide range of options, both premium and luxury housing with 2- 3- and 4-bedroom apartments and villas, coupled with world-class amenities. On the other hand, the commercial developments are strategically located in the heart of Bangalore’s Central Business District on Infantry Road and along the IT Corridor on the Sarjapur-Marathahalli Outer Ring Road – a region that is dedicated to the IT and corporate sectors.
Commenting on this occasion, Mr. Irfan Razack – Chairman and Managing Director, Prestige Group said, “This is an exciting time for the Prestige Group, as the demand for residential real estate has only grown the past year. Despite witnessing several major policy changes with the implementation of RERA and GST, we have still managed to do well as an industry. Among the most exciting highlights in 2018 was the fact that we completed 10,000+ apartments and over 100mn sft of development which are significant milestones for any real estate developer.”
“We are drawing on Prestige’s collective experience and strong track record to build Bangalore’s premium residential and skillfully designed business parks. In a country like India, given our population, the need for housing is constant. Other factors like urbanization, the rise of nuclear families, increased disposable incomes, and monetary benefits have all further contributed to create a stronger demand for housing.”
