Prestige Group, based in Bengaluru, sets sights on Delhi-NCR market after successful expansions in Hyderabad and Mumbai. CEO Venkat K Narayana emphasizes the rising demand in the middle to upper-middle segments, expecting further growth post-elections. Despite initial focus on Bengaluru, recent launches in Hyderabad and upcoming projects in NCR indicate shifting sales dynamics. Bullish on NCR’s potential, Narayana highlights collaborative growth strategies and diversified debt structures. With regulatory reforms driving consolidation, Prestige anticipates Grade A developers to dominate 50-60% of the market in the next few years.
Prestige Group Expands Reach to Delhi-NCR Amidst Robust Housing Demand
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