Prestige Group likely to Enter in New Delhi's Real Estate Market with a Joint Venture

Courtesy: The Economic Times
Posted on: 2023-09-25
Prestige Group likely to Enter in New Delhi's Real Estate Market with a Joint Venture

The renowned Prestige Group with TDI Infratech plans a joint venture in the real estate market of Delhi's Lutyens zone. The property in the spotlight is currently owned by TDI Group, with an estimated market capital value between Rs 3.25 to Rs 3.50 billion. This high revenue-generating property is likely to surpass the figure of Rs. 7 billion.

The real estate experts feel Prestige Group might exploit the strategic location to construct eight to nine boutique apartments. If everything goes fine, this union will mark the venturing of Prestige Group in the real estate domain of the capital city, Delhi. With this deal, the Prestige Group moves forward to execute its business expansion intentions.