Prestige Properties announced that it has entered into an agreement to develop a vast-hectare site in Bangalore and expects an estimated huge sum for the upcoming residential project at Prestige Park Grove.
Prestige Properties in the control file has announced that the land is available at a small residential market on Whitefield Road in South Bengaluru. This road is one of the established settlements in South Bengaluru and has excellent connections to Bannerghatta Main Road and the IT / ITES belt in Electronic City. In addition, the site of Prestige Park Grove is close to other important areas of the city and provides well-developed social and social infrastructure with many retail outlets, residential, schools, hospitals, and commercial facilities nearby.
The new project near Bannerghatta Road will have a potential development of approximately 1 million square meters of residential land worth significant investment. Prestige Park Grove is an important residential market within Bengaluru and the group is delighted to add this world class project to their portfolio.
This will also increase the company's presence in South Bengaluru and go hand in hand with a strategy to deepen its presence in small key markets in India's leading cities. Prestige Properties emphasized that Prestige Park Grove is one of the established settlements in South Bengaluru and has excellent connections with IT / ITES belt in Electronic City and Bannerghatta Main Road.