Prestige Estates Projects Ltd announced the acquisition of 62.5 acres in Indirapuram Extension, Delhi-NCR. The company intends to develop a township with an estimated revenue potential of Rs 10,000 crore. The acquisition, valued at Rs 468 crore, also involves a revenue-sharing agreement with the landlord.
This project will adopt the successful ‘The Prestige City’ format. According to Prestige Group, the acquisition cost is Rs 468 crore, which includes a revenue share. Prestige Group Chairman and Managing Director Irfan Razack commented on the acquisition, stating, “We are excited about acquiring this prime land in NCR, presenting an excellent opportunity for Prestige Group to strengthen its presence in the region.” He added, “Extending ‘The Prestige City’ brand to NCR following its resounding success in Bengaluru, Mumbai, and Hyderabad underscores our group’s commitment to offering large-format integrated townships and developments.” Prestige Group CEO Venkat K Narayana mentioned that this large-format project spans over 10 million sq ft of saleable area, with a projected Gross Development Value (GDV) surpassing Rs 10,000 crore.
Prestige City Indirapuram Extension Overview
Welcome to Prestige City Indirapuram Extension, a luxury apartment project in Ghaziabad that redefines the concept of luxurious living. This project boasts an excellent location and a meticulously designed master plan. Offering a variety of 2, 3, and 4 BHK apartments, it caters to the needs and preferences of modern-day families.
Prestige City Indirapuram Extension is a prestigious township project by the renowned Prestige Group, known for delivering excellence in real estate. Boasting a perfect blend of luxury and comfort, this development offers an unparalleled living experience to its residents. Spread across acres of lush greenery, the township exudes sophistication and elegance at every corner.
With thoughtfully planned infrastructure and modern architecture, Prestige City sets a new standard for upscale living in Ghaziabad. The project aims to create a harmonious community where residents can enjoy a high-quality lifestyle amidst serene surroundings. From state-of-the-art facilities to beautifully landscaped gardens, every aspect of this township is designed to cater to the needs and preferences of discerning homeowners.
At Prestige City Indirapuram Extension, residents can indulge in luxury amenities such as swimming pools, fitness centers, recreational areas, and more. This exclusive enclave promises a life of convenience and opulence unlike any other.
Prestige City Indirapuram Location:
Centrally located in Ghaziabad, this project offers excellent accessibility to key transportation hubs, shopping centers, schools, and hospitals. Situated near Indirapuram, one of Ghaziabad’s most sought-after neighborhoods, residents can enjoy the convenience of nearby shops, restaurants, and entertainment options. Its proximity to the Delhi-Meerut Expressway and NH-24 also provides easy access to Delhi and other parts of the National Capital Region (NCR).
Prestige City Indirapuram Master Plan:
The master plan for Prestige City Indirapuram was carefully designed to maximize space utilization while ensuring a pleasant living environment. The project features ample open areas, well-maintained gardens, and lush green landscaping, offering residents a peaceful retreat from the bustling city life. Modern and traditional styles are seamlessly integrated into the architecture, creating a timeless look that is both elegant and sophisticated.
Prestige City Indirapuram Modern Amenities:
At Prestige City Indirapuram Extension, many excessive-end functions are intended to meet all of the citizens’ needs. The construction has a modern-day clubhouse with a gym, a swimming pool, and sports centers, so there are lots of chances to stay suit and have fun. There are peacefully landscaped parks, going for walks paths, and meditation regions for folks who want to break out from the pressure of normal lifestyles.
Prestige City Indirapuram Extension Location and Accessibility
Located in the prime area of Indirapuram Extension in Ghaziabad, Prestige City offers unmatched convenience and accessibility to its residents. The township is strategically positioned near major roadways and highways, making commuting a breeze for those who work or study in nearby cities like Noida and Delhi.
With close proximity to metro stations and bus stops, residents can easily navigate through the bustling city life. Additionally, prestigious educational institutions, healthcare facilities, shopping centers, and recreational spots are all within a short distance from the township.
The well-connected location of Prestige City ensures that residents have easy access to all essential amenities without having to travel far. Whether it’s grabbing groceries at a nearby market or enjoying a leisurely evening at a restaurant, everything is just a stone’s throw away from this luxurious township.
Prestige City Indirapuram Extension Features and Amenities of the Township
Prestige City Indirapuram Extension boasts a wide array of features and amenities to elevate your living experience. From lush green landscapes and jogging tracks for the fitness enthusiasts to serene meditation areas for those seeking inner peace, this township has it all. The clubhouse offers a luxurious retreat with swimming pools, gymnasiums, and spa facilities for residents to unwind after a long day.
For families with children, there are dedicated play areas and sports facilities to keep them active and engaged. The 24/7 security system ensures peace of mind for all residents, while the ample parking space caters to the convenience of homeowners and guests alike.
Additionally, Prestige City Indirapuram Extension provides community halls and party lawns for social gatherings or special events. With every detail meticulously planned out, this township truly embodies luxury living at its finest.
Types of Properties Available in Prestige City Indirapuram Extension
Prestige City Indirapuram Extension offers a wide range of property options to suit every lifestyle and preference. From spacious apartments to luxurious villas, there is something for everyone in this upscale township. The apartments are elegantly designed with modern amenities and panoramic views of the surrounding greenery.
For those looking for more space and privacy, the villas at Prestige City Indirapuram Extension provide the perfect retreat. With private gardens, swimming pools, and personalized services, these homes redefine luxury living. Each property is meticulously crafted to offer comfort, style, and functionality.
Whether you prefer a cozy apartment or a sprawling villa, Prestige City Indirapuram Extension has it all. It’s not just about owning a home; it’s about embracing a lifestyle that reflects your aspirations and values. Live amidst opulence and tranquility at Prestige City Indirapuram Extension.
Benefits of Investing in Prestige City Indirapuram Extension
Investing in Prestige City Indirapuram Extension comes with a multitude of benefits that cater to both investors and residents alike. The township offers a luxurious lifestyle with world-class amenities, making it an attractive option for those seeking upscale living.
One of the key advantages of investing in Prestige City is its strategic location in Ghaziabad, providing easy access to major highways, schools, hospitals, and shopping centers. This ensures convenience and connectivity for all residents.
Additionally, the township boasts top-notch security measures, ensuring a safe and secure environment for families. The green spaces and recreational facilities within the community promote a healthy lifestyle and well-being.
Furthermore, investing in Prestige City means being part of a prestigious community developed by the renowned Prestige Group. This not only adds value to your property but also enhances your overall living experience.
Choosing to invest in Prestige City Indirapuram Extension promises long-term returns and an unparalleled quality of life for residents.
Comparison with other Luxury Township Projects
When it comes to luxury township projects in Ghaziabad, Prestige City Indirapuram Extension stands out for its exceptional blend of modern amenities and elegant design. The project offers a range of properties including spacious apartments and lavish villas, catering to diverse preferences.
Compared to other luxury township projects in the area, Prestige City Indirapuram Extension boasts an unbeatable location with easy access to major highways, schools, hospitals, and shopping centers. Its strategic positioning enhances convenience for residents while ensuring a peaceful environment away from the city’s hustle and bustle.
Furthermore, the features and facilities within the Prestige City Indirapuram Extension are thoughtfully curated to elevate lifestyle experiences. From landscaped gardens and swimming pools to sports courts and clubhouse facilities, every aspect is designed to provide residents with a luxurious living experience unmatched by competitors.
When considering luxury township projects in Ghaziabad, Prestige City Indirapuram Extension sets itself apart through its attention to detail, premium offerings, and commitment to creating a truly sophisticated living space that redefines upscale living.
Future Development Plans Prestige Group
Excitingly, the Prestige Group has ambitious future development plans for their Indirapuram Extension project.
Their vision includes expanding the township to incorporate more green spaces and recreational facilities, creating a harmonious blend of luxury living and natural surroundings.
Additionally, there are talks of introducing cutting-edge smart home technologies to enhance residents’ convenience and security.
Moreover, the group aims to collaborate with renowned architects and designers to elevate the aesthetic appeal of the entire township.
Furthermore, they plan on adding exclusive amenities such as state-of-the-art fitness centers, swimming pools, and sports facilities to cater to every resident’s lifestyle needs.
These forward-thinking development plans by Prestige Group promise an even more luxurious and modern living experience in the near future.
Conclusion
As we come to the end of this journey exploring Prestige City Indirapuram Extension, it’s clear that this luxury township project offers a unique blend of elegance and convenience. With its strategic location, top-notch amenities, and diverse property options, Prestige City is truly a standout in the real estate market.
Investing in Prestige City not only promises a luxurious lifestyle but also ensures long-term value appreciation. The future development plans by the prestigious group further solidify its position as a wise investment choice for homebuyers.
When comparing with other luxury township projects, Prestige City Indirapuram Extension shines bright with its attention to detail and commitment to excellence. The seamless integration of modern living spaces with green surroundings sets it apart from the rest.
Choosing Prestige City for your next home or investment opportunity is an exciting prospect filled with promise and potential.
Also Read:- Prestige Estates Projects Acquires 62.5 Acres Prime Land in Indirapuram Extension, NCR
FAQ
1. What is the size of the land acquired by Prestige Estates Projects Ltd in Indirapuram Extension, Delhi-NCR?
Prestige Estates Projects Ltd has acquired 62.5 acres of land in Indirapuram Extension, Delhi-NCR.
2. What is the estimated revenue potential of the township to be developed on this land?
The township is estimated to have a revenue potential of Rs 10,000 crore.
3. What is the cost of acquisition for Prestige Estates Projects Ltd?
The acquisition cost is Rs 468 crore, which includes a revenue share with the landlord.
4. What is the branding strategy for this project?
This project will be branded under the successful ‘The Prestige City’ format.
5. What are the key features of Prestige City Indirapuram Extension?
The project offers a variety of 2, 3, and 4 BHK apartments, modern clubhouse with gym and swimming pool, landscaped parks, walking paths, and meditation areas.
6. Where is Prestige City Indirapuram Extension located?
Prestige City Indirapuram Extension is centrally located in Ghaziabad, with easy access to transportation hubs, shopping centers, schools, and hospitals.
7. What is the master plan for Prestige City Indirapuram Extension?
The master plan focuses on maximizing space utilization, with ample open areas, well-maintained gardens, and lush green landscaping.
8. What amenities are available at Prestige City Indirapuram Extension?
The project offers a modern clubhouse, gym, swimming pool, sports centers, landscaped parks, walking paths, and meditation areas.
9. What types of properties are available at Prestige City Indirapuram Extension?
Prestige City Indirapuram Extension offers a variety of property options including apartments and villas, catering to different lifestyle preferences.
10. What are the benefits of investing in Prestige City Indirapuram Extension?
The benefits include a luxurious lifestyle, strategic location, top-notch security, and potential value appreciation.
