Prestige Group Acquires 17.45 Acres Land in Whitefield Bengaluru

Prestige Group has purchased a 17.45-acre land parcel in Whitefield, Bengaluru, for ₹462 crore, with plans to develop over 2.68 million sq. ft. for a new residential project. Adjacent to the recently launched Prestige Raintree Park, this acquisition aligns with Prestige’s goal to create high-value transformative spaces. The group aims to maintain a pipeline of 50 million sq. ft. of projects annually over the next three to five years in major cities including Mumbai, Bengaluru, Pune, Chennai, Delhi-NCR, and Hyderabad.