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Prestige Group sells Rs 1,300 cr worth luxury homes at new project in South Mumbai

The company has pre-launched a 2-acre project Prestige Ocean Towers, which has just 169 residences across two towers.

Prestige Group sells Rs 1,300 crore worth of uber luxury residences in South Mumbai

The Prestige Ocean Towers, situated at Marine Lines with views of the Queen s Necklace and the Arabian Sea, are spread across a 2-acre plot and feature 169 canvas residences spanning two towers.

Prestige Group Sells Homes Worth ₹1,300 Crore in South Mumbai

Prestige Group sells ₹1300 crore worth of uber luxury residences in South Mumbai

Prestige Ocean Towers in Mumbai has a developable potential of 4.62 lakh sq ft carpet area with an estimated revenue potential of approximately ₹4,100 crore

Prestige Group: Prestige Estates reports robust sales of Rs 16,333 cr, 81% YoY growth in Q3 FY24

For the quarter ended Q3 FY24, Bangalore-based real estate firm Prestige Estates reported sales of Rs 16,333 crore, marking an 81% year-on-year increase. This growth is attributed to a 16.13 million sqft volume with an average realization of Rs 10,143 per sqft for apartments and villas. Collections for the quarter stood at Rs 8,478 crore, reflecting a 20% YoY increase.

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