Bengaluru Based Prestige Estates Is Transforming Delhi-NCR and Redefining Indian Real Estate

May 07, 2025
Bengaluru Based Prestige Estates Is Transforming Delhi-NCR and Redefining Indian Real Estate

Key Highlights:

  1. Prestige Estates invests ₹10,000 Cr in Delhi-NCR's Ghaziabad for a new township.
  2. 1,200 units sold in just 7 days, generating ₹3,000+ Cr in sales.
  3. Prestige City aims to bring Bengaluru-style real estate values-quality, timeliness, and innovation to NCR.
  4. Villament concept from Bengaluru introduced in North India.
  5. Bengaluru's real estate influence continues to expand nationally.


India’s real estate landscape is evolving rapidly, with metros like Bengaluru leading the transformation. A shining example of this trend is Prestige Estates Projects Ltd, a Bengaluru-based developer, stepping into the Delhi-NCR market with an ambitious vision-to "rewrite the way real estate is done in the region."

This bold move marks a pivotal moment in how South India’s real estate leadership is influencing Northern markets, bringing with it a culture of trust, timely delivery, and uncompromised quality values Bengaluru developers are known for.


Bengaluru's Influence on Indian Real Estate: A Northward Expansion


The entrance of Prestige Estates into Delhi-NCR is more than just a regional business decision. It represents a strategic real estate evolution a testament to how Bengaluru's real estate ethos is setting benchmarks across India.

Historically, Bengaluru has led India's real estate sector with:

  1. Integrated townships blending modern living and green spaces.
  2. Tech-driven real estate solutions tailored for urban professionals.
  3. Timely project completions and strong customer satisfaction.
  4. Innovative housing models, such as villaments, now making their way to other markets.

This South-to-North expansion reflects a larger trend: developers from progressive southern markets entering under-served or structurally flawed northern real estate sectors to bring in much-needed change.


Prestige City, Indirapuram: A Game-Changer for NCR


Prestige Estates’ first major foray into North India is the Prestige City township project in Indirapuram, Ghaziabad. Here’s what makes it a landmark development:

Project Highlights:

  1. Total Investment: ₹10,000 Crore over 6 years.
  2. Project Size: 62.5-acre integrated township.
  3. Homes: 4,041 residences, including 50 villaments.
  4. Sales Milestone: 1,200 units sold in 7 days generating over ₹3,000 Cr.
  5. GDV (Gross Development Value): ₹12,000 Cr.
  6. Price Range: ₹1.5 Cr to ₹4 Cr per unit.
  7. High-rise Towers: 23 towers ranging from 41 to 50 floors.
  8. Mall Development: 8 lakh sq. ft. premium retail space.


This scale and speed of sales clearly indicate the robust demand for quality real estate in NCR and how Prestige’s brand trust and Bengaluru’s development philosophy are resonating with NCR homebuyers.


Introducing "Villaments" to North India


One of the standout features of Prestige City's design is the inclusion of villaments a concept perfected in Bengaluru. These hybrid homes blend:

  1. The spaciousness and privacy of villas.
  2. The security and community infrastructure of apartments.

This unique product category answers the evolving preferences of affluent urban homebuyers looking for both independence and convenience making Prestige City even more future-ready.


Why Prestige’s Move Matters for Real Estate Investors

For investors and homebuyers alike, Prestige’s entry into NCR presents multiple opportunities:


Diversified Real Estate Portfolio

Investors can now tap into a Bengaluru-originated developer’s project in the NCR combining southern execution excellence with northern market demand.

Proven Developer Track Record

With decades of experience, Prestige Estates has delivered top-tier residential and commercial projects across cities like Bengaluru, Hyderabad, and Chennai now bringing that pedigree to Delhi-NCR.

Early Entry Benefits

The first-mover advantage in new large-scale projects often means better pricing, assured appreciation, and access to the best units.


The Road Ahead


With an eye on ₹12,000 Cr in Gross Development Value and further expansion across Delhi-NCR, Prestige Estates is just getting started. Their ongoing project at Delhi’s Aerocity and future phase ‘Mayflower’ are set to reinforce their North India growth story.

As the real estate narrative of India evolves, one thing is clear: Bengaluru is no longer just a tech capital it’s also the new heart of Indian real estate innovation.


Final Thoughts for Real Estate Investors


If you're an investor or a homebuyer looking to enter the booming NCR market, this is a moment you shouldn't miss. Bengaluru's customer-centric, quality-first approach is now available in Delhi-NCR through Prestige Estates offering you the best of both worlds.


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