Prestige Group Secures Prime Land Parcel in Gurugram with ₹ 4,200 Crore GDV Potential
Delhi, April 1, 2026: Prestige Estates Projects Limited, a leading real estate developer in India, has secured a prime land parcel in Sector 92, Gurugram, expanding its presence in the National Capital Region (NCR).The company entered into a Joint Development Agreement (JDA) for a 17.212-acre land parcel. The proposed development is expected to offer approximately 3 million square feet of saleable area, with a projected Gross Development Value (GDV) of ₹ 4,200 crore.
Located in Sector 92, Gurugram, near the Dwarka Expressway, the project is positioned to benefit from improving infrastructure, enhanced connectivity to key business districts, and rising residential demand. The development is planned as a modern residential community, aligning with Prestige Group’s focus on quality and execution.
This development is intended to strengthen Prestige Group’s residential portfolio in the NCR and reflects its focus on expanding across key urban markets with a disciplined and execution-led approach.
“This addition in Gurugram aligns with our broader strategy of strengthening our presence across key markets such as the NCR,” said Mr. Irfan Razack, Chairman and Managing Director, Prestige Group. "While the region continues to see steady demand, we remain measured in our approach, focusing on locations with improving infrastructure and long-term potential. We remain focused on disciplined execution and timely delivery."
Mr. Ajay Munot, Founder, Eka Life, representing the landowners, M/s Sare Gurugram Private Limited (JV of Eka-KGK-Dhoot), stated: "This strategic land parcel presents a compelling development opportunity, and we are excited about our partnership with Prestige Group. We are confident in their ability to execute, and their approach to planning and development aligns well with the potential of this location. We believe this project will contribute meaningfully to the micro-market and create long-term value for all stakeholders.”
About Prestige Group:
Prestige Group is a diversified real estate developer with a legacy spanning almost four decades. As of December 2025, the Group has delivered 313 projects spanning 206 million square feet and currently has a pipeline of 128 projects across 195 million square feet.Source:
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