Prestige Group to Launch New Projects in Delhi NCR in 2026

The Bengaluru-based real estate major Prestige Group will expand in Delhi-NCR after a near-complete sale of the first phase of its flagship project, Prestige City in Indirapuram Extension, Ghaziabad. The first phase, which had a total inventory worth ₹11,000 crore, saw the sales of over ₹8,000 crore, thus, a second phase, MayFlower worth ₹2,200 crore was launched.

“We are intensively engaged in creating proposals in Gurgaon, Delhi, and Noida. We are looking to make a long-term stay in the North Indian real estate market and increase our presence there. We are expecting to unveil new projects in 2026,” shared Praveer Srivastava, Senior Vice President at Prestige Group.

Prestige Group moved 6,788 units over 13.96 million sq ft and raised revenues to the tune of ₹18,143 crore that is a 157% year-on-year increase.

The average prices of apartments went up by 8% to ₹14,906 per sq ft whereas the plot realization jumped by 43% to ₹9,510 per sq ft indicating a strong demand for premium plotted developments with integrated infrastructure.

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Besides Delhi-NCR, Prestige has lined up new launches such as Prestige Garden Trail in Thane and several residential projects in Bengaluru and Hyderabad, with a combined GDV of ₹15,000 crore.

On the commercial side, the company has been able to keep pace with the full-year 2024 performance by leasing out 6 million sq ft in the first nine months of 2025.

With sustained sales and a carefully planned expansion move, the Prestige Group is deepening its influence in the Indian real estate market and is on the rise among the top players of this sector.