Prestige NCR

Prestige Group Gurugram Project: ₹5,600 Crore Development in Sector 109 The Prestige Group Gurugram project is set to become a major addition to Gurugram's growing residential real estate landscape. Prestige Group has entered into a joint development agreement for a 17.14-acre land parcel in Sector 109, Gurugram, with the proposed development estimated to have a gross development value (GDV) of approximately ₹5,600 crore. The project is expected to offer around 2.8 million sq. ft. of saleable area, strengthening Prestige Group's presence in the Delhi-NCR market and adding another significant development to the Dwarka Expressway corridor. Prestige Group Gurugram Project: Major Details Particular Details Developer Prestige Group Project Location Sector 109, Gurugram Land Area 17.14 Acres Saleable Area Approx. 2.8 Million Sq. Ft. Estimated GDV Approx. ₹5,600 Crore Development Model Joint Development Agreement Project Type Residential Location Advantage Dwarka Expressway Market Gurugram / Delhi-NCR What Makes the Prestige Group Gurugram Project Significant? The Prestige Group Gurugram project represents a major expansion for the Bengaluru-based real estate developer in the NCR market. With a large land parcel and an estimated ₹5,600 crore development potential, the project demonstrates the increasing confidence of established developers in Gurugram's premium residential market. The development also adds to Prestige Group's growing project pipeline across the NCR region. Prestige Group Project in Sector 109, Gurugram Sector 109 has emerged as an important residential location along the Dwarka Expressway. The corridor has benefited from major infrastructure development and improved connectivity between Gurugram and Delhi. This has attracted several residential developers and increased buyer interest in the surrounding sectors. The proposed Prestige Group Gurugram project could further increase the visibility of Sector 109 among homebuyers and investors looking for premium residential opportunities. ₹5,600 Crore GDV: What Does It Mean? The ₹5,600 crore figure refers to the estimated Gross Development Value (GDV) of the project. With approximately 2.8 million sq. ft. of saleable area, the development represents a substantial future residential supply addition to Gurugram. It is important to understand that GDV does not represent the developer's profit. Instead, it indicates the estimated gross value of the project's saleable inventory. Why Prestige Group Is Expanding in Gurugram Gurugram has become one of India's leading residential and commercial real estate markets, supported by its proximity to Delhi, corporate ecosystem, infrastructure and growing demand for premium housing. For Prestige Group, the Prestige Group Gurugram project provides an opportunity to expand its residential footprint in one of the NCR's most prominent real estate markets. The company's expanding presence also reflects the broader trend of major national developers entering or increasing their exposure to Gurugram. What the Prestige Group Gurugram Project Means for Sector 109 The upcoming development could contribute to the continued transformation of Sector 109 into a major residential destination. Potential benefits include: Increased premium housing supply Greater developer competition Improved buyer choice Increased attention toward Sector 109 Further development along Dwarka Expressway Potential growth in supporting retail and social infrastructure However, buyers should evaluate the project based on its official approvals, pricing, specifications, location and future development plans rather than relying solely on the developer's brand. Prestige Group's Growing NCR Presence The Prestige Group Gurugram project is part of the company's wider strategy to strengthen its presence across Delhi-NCR. Prestige Group has been expanding its development pipeline across multiple markets, and its Gurugram entry highlights the growing importance of NCR within the company's overall expansion strategy. The company has also been developing projects in other NCR markets, including Ghaziabad and Noida. What Should Buyers Look for in the Prestige Group Gurugram Project? Before considering the project, prospective buyers should evaluate: Official RERA registration Final project configuration Unit sizes and layouts Launch pricing Payment plans Construction timeline Location and connectivity Developer track record Maintenance and recurring costs Future infrastructure around Sector 109 Since the project is still in the development pipeline, buyers should wait for official project details before making any financial commitment. Expert Perspective — Sanjeev Singh, MD, SKJ Landbase According to Sanjeev Singh, Managing Director, SKJ Landbase, the proposed Prestige development highlights the growing importance of infrastructure-led micro-markets in Gurugram. The entry of an established developer can bring additional attention to a location, but buyers should evaluate the complete project proposition, including connectivity, pricing, product positioning, approvals and long-term development potential. For buyers comparing multiple premium developments across Gurugram, professional project comparison can help them make a more informed decision. Why Choose SKJ Landbase for the Prestige Group Gurugram Project? Choosing the right channel partner can make the property-buying process easier and more transparent. SKJ Landbase can assist buyers with project shortlisting, comparisons, site visits, property information, home-loan assistance and end-to-end buying coordination. For buyers evaluating the Prestige Group Gurugram project alongside other developments on Dwarka Expressway and across Gurugram, SKJ Landbase can provide a single point of assistance to compare projects according to location, budget, configuration and long-term requirements. Is the Prestige Group Gurugram Project Worth Watching? The Prestige Group Gurugram project is significant because of its 17.14-acre land parcel, approximately 2.8 million sq. ft. of saleable area and estimated ₹5,600 crore GDV. Its Sector 109 location along the Dwarka Expressway adds to its strategic importance, while Prestige Group's growing NCR presence gives the development considerable market visibility. However, buyers should wait for the official launch, RERA registration, pricing, configurations and detailed project specifications before making an investment decision. Final Verdict The Prestige Group Gurugram project is an important upcoming development that could further strengthen Sector 109's position within the Dwarka Expressway residential market. With a proposed 17.14-acre development, approximately 2.8 million sq. ft. of saleable area and ₹5,600 crore estimated GDV, the project is expected to attract significant attention from homebuyers and investors. As Gurugram continues to attract major national developers, the Prestige development will be one of the projects to watch as the Dwarka Expressway corridor continues to evolve. Planning to explore the Prestige Group Gurugram project or compare it with other premium developments? Connect with SKJ Landbase for project comparison, site visits and property assistance. Disclaimer This article is for informational purposes only and is based on publicly available information. Project details, pricing, approvals, configurations, specifications and timelines may change. Buyers should independently verify all information through official developer and RERA sources before making any purchase or investment decision.

Prestige Group Gurugram Project: ₹5,600 Crore Development in Sector 109

The Prestige Group Gurugram project is set to become a major addition to Gurugram's growing residential real estate landscape. Prestige Group has entered into a joint development agreement for a 17.14-acre land parcel in Sector 109, Gurugram, with the proposed development estimated to have a gross development value (GDV) of approximately ₹5,600 crore. The project is expected to offer around 2.8...

Compare listings

Compare