Prestige Group, one of India’s leading real estate developers, has expanded its presence in the National Capital Region (NCR) with the addition of a 17.14-acre land parcel in Sector 109, Gurgaon, to its residential development portfolio.
The proposed project will have an estimated saleable area of approximately 2.8 million sq. ft. and a Gross Development Value (GDV) of around ₹5,600 crore, further strengthening the company’s residential pipeline in the NCR.
Located in one of Gurgaon’s key residential sectors, the project enjoys connectivity to the Dwarka Expressway, providing access to major residential, commercial and social infrastructure destinations across Gurgaon and Delhi.
Strengthening NCR portfolio
The addition of the Sector 109 project is expected to add significant scale to Prestige Group’s residential development pipeline in the northern region.
The strategic location, supported by robust residential demand and continuing infrastructure development in Gurgaon and the wider NCR, makes the project an important addition to the Group’s portfolio.
Prestige Group Chairman & Managing DirectorIrfan Razack said the company’s entry into the NCR residential market last year marked an important milestone in its growth journey and that the market response had been 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 long-term potential of NCR,” Razack said.
He added that the region is expected to play an increasingly important role in Prestige Group’s growth and emerge as a significant contributor to its sales trajectory going forward.
Building scale in NCR
Prestige Group’s latest addition comes as the developer continues to build its residential portfolio in the NCR, with a focus on strategically located projects that can benefit from infrastructure-led growth and sustained housing demand.
The Sector 109 development is expected to contribute to the Group’s planned expansion in NCR during FY27, while adding a sizeable residential project with an estimated ₹5,600 crore GDV to its development pipeline.