Prestige Group to invest Rs 7,500 crore to develop 16 million sq ft in Mumbai

Prestige Group has set its sights on the country’s biggest and most expensive property market with plans to invest over Rs 7,500 crore to develop properties spread over a total 16 million sq ft over the next 4-5 years.

The proposed investment will be deployed across six projects and will comprise of residential, office and hospitality developments in key locations including South Mumbai’s Marine Lines and Mahalaxmi locality, Worli, Bandra, central business district of Bandra-Kurla Complex (BKC) and Mulund suburb of the city.

Source – Economic Times 

 

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