Business Update18 Jun 2026, 10:26 am
Prestige Estates Launches Prestige Gardenia Estates Phase 2
AI Summary
Prestige Estates Projects Ltd has launched "Prestige Gardenia Estates – Phase 2", a plotted development project in Devanahalli, Bangalore. This new phase, spread over approximately 21 acres, comprises 195 plots with a total development area of under 0.5 million sq ft and an estimated revenue potential of Rs. 400 Crores. The project offers modern amenities and is strategically located near Kempegowda International Airport and key infrastructure. The company highlighted the strong demand for such developments in North Bengaluru, referencing the successful sell-out of Phase 1.
Key Highlights
- Launched "Prestige Gardenia Estates – Phase 2" in Devanahalli, Bangalore.
- Project spans 21 acres with 195 plots, potential revenue of Rs. 400 Crores.
- Strategic location near airport and major infrastructure in North Bengaluru.
- Phase 1 of the project was a sell-out success, indicating strong demand.
Price Impact
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