Founded in 1986 by the late Razack Sattar, Prestige Estates Projects Limited is one of India's largest listed real-estate developers and the most influential property brand in South India. For nearly four decades, the group shaped city skylines in Bengaluru, Hyderabad, Chennai, Kochi, and Mumbai before making its first foray into North India. When it did move north, it chose not to test the waters with a single tower — Prestige City is Prestige Group's bold entry into the Delhi NCR real estate market, spread across 62.5 acres in Siddharth Vihar (Indirapuram Extension), being developed as a flagship mixed-use township.
Prestige Group acquired 62.5 acres of prime land in Indirapuram Extension, NCR for ₹468 crore. The acquired land is being developed primarily as residential, complemented by education and retail, branded under the successful 'The Prestige City' format — offering a township with a seamless blend of residential, retail, school and recreational spaces. The group had already deployed the same township format successfully in Bengaluru and Hyderabad before extending it to the NCR.
Spanning 62.5 acres, this development is designed as a self-sustained township featuring 2, 3, 4 and 6 BHK luxury apartments spread across 23 high-rise towers, each rising up to 50 floors, with 4,041 meticulously planned units. The project carries the fingerprints of two of India's most recognised construction names: Prestige Group has partnered with Larsen & Toubro (L&T) for construction and renowned architect Hafeez Contractor for architecture, ensuring premium quality, safety, and design from start to finish.
The township's RERA registrations are in place. Prestige City Indirapuram has officially received RERA approval. The project is divided into two phases with independent registrations: Oakwood (UPRERAPRJ986134) and Mulberry (UPRERAPRJ470993), giving buyers clarity and confidence. The project was launched in April 2025, with possession expected by November 2029.
The 2 BHK flats range from 1,250 to 1,500 sq. ft., while 3 BHK units run between 1,700 and 2,300 sq. ft. The 3.5 BHK configurations span 2,236 to 2,262 sq. ft., and 4.5 BHK homes range from 2,490 to 2,910 sq. ft. The largest 5 BHK flats offer areas from 3,500 to 6,026 sq. ft., suited to larger families or buyers seeking penthouse-scale living.
The township also offers premium 3 BHK and 4 BHK apartments, villas, and commercial spaces including malls, high-street retail outlets, and society shops. The MayFlower phase — the signature address at the grand entrance of The Prestige City, comprising two landmark residential towers, Fern and Gulmohar, rising to 41 floors — represents the township's second chapter of inventory.
The commercial outcome of Phase 1 removed any ambiguity about whether NCR buyers would respond to a Bengaluru-headquartered developer. Bengaluru-based Prestige Group planned rapid expansion in Delhi-NCR on the back of a near sellout of the first phase of Prestige City in Indirapuram Extension, having sold more than ₹8,000 crore worth of inventory out of a total ₹11,000 crore, which prompted the launch of the MayFlower phase of approximately ₹2,200 crore gross development value.
The expansion follows the strong performance of Prestige Group's debut residential project in the region, Prestige City Indirapuram, which reportedly achieved more than ₹9,500 crore in pre-sales within its first year of launch. Prestige Group recorded sales bookings of around ₹10,000 crore in the NCR market during the previous fiscal year, highlighting the area's significance in the company's expansion strategy.
This performance is part of a broader upswing for the group. FY26 sales bookings of ₹30,024 crore (up 76% year-on-year) are the highest in the company's history, with over 11,690 homes sold across 22.28 million sq. ft. at average realisations of ₹14,470 per sq. ft.
Prestige Group has a consistent pattern across its city entries: it selects large land parcels in corridors that are infrastructurally accelerating but not yet fully priced in. Siddharth Vihar fits this template precisely.
Indirapuram stands as a mature, high-density pocket with limited scope for fresh large-scale supply, while Siddharth Vihar and Pratap Vihar offer relatively newer inventory with room for appreciation. The price differential between the two adjacent micro-markets makes Siddharth Vihar the natural landing zone for a township of Prestige City's scale and ambition.
Connectivity on this corridor is multi-layered. NH-24 and the Delhi–Meerut Expressway provide signal-free links between Indirapuram Extension, Delhi, and Noida in approximately 15 minutes. The Yamuna, Eastern Peripheral, and Delhi-Meerut expressways together open corridors toward Agra, Faridabad, Meerut, Sonipat, and Ghaziabad. The Sector 62 Blue Line metro station is five minutes away, and the upcoming Regional Rapid Transit System (RRTS) will add fast-rail access between Delhi, Ghaziabad, and Meerut.
The social infrastructure around the site is already functional, not aspirational. DPS Indirapuram, Amity International, and other established schools lie within five kilometres. Fortis, Max Vaishali, Yashoda, and Shanti Gopal hospitals are within ten minutes, covering both routine and emergency healthcare.
According to a recent report by Anarock, Delhi-NCR recorded the highest annual price appreciation among India's top seven cities in 2025, with average residential prices rising around 24% year-on-year. In 2025, the average price range along the NH-24 corridor in Indirapuram runs between ₹6,000 and ₹9,000 per sq. ft. for existing inventory, contextualising Prestige City's positioning at the upper end of that band.
Ghaziabad is explicitly the launchpad, not the ceiling, of Prestige's NCR strategy. The group has plans to develop two new housing projects in the Delhi-NCR region with a total developable area of nearly 8 million sq. ft. and total revenue potential estimated at ₹6,800 crore. The firm has initiated land acquisition proposals across strategic micro-markets within the National Capital Region, including premium locations in Gurgaon, Noida, and central Delhi.
Headquartered at Prestige Falcon Tower in Bengaluru, the group now operates across 13 cities — including Bengaluru, Chennai, Hyderabad, Kochi, Mangaluru, Mumbai, Goa, Pune, and Delhi-NCR — spanning residential, commercial, retail, hospitality, and mixed-use developments. The group's credit standing underpins these expansions: CRISIL has consistently rated Prestige DA1+ — the highest developer grade in India, a rating no other Indian real-estate company currently holds — reaffirmed in March 2026.
Most large-format projects on the NH-24 corridor are the work of regional or UP-focused developers. Prestige City brings a different execution model. The project offers a combination of luxury residences, retail spaces, and lifestyle amenities, all backed by the credibility of Prestige Group, which has delivered over 300 projects across South India. As one of India's leading real estate developers, Prestige Group has delivered 313 projects covering 206 million square feet and currently maintains a development pipeline of 128 projects spanning nearly 195 million square feet.
Prestige Group emphasises sustainable living within the development, with eco-friendly measures such as rainwater harvesting systems, energy-efficient lighting, waste management techniques, and strategies aimed at reducing the carbon footprint. The master plan allocates more than 80% open space, combining modern city living with green surroundings. At a market where open space ratios are routinely compromised in the pursuit of unit count, this commitment carries measurable weight.
For buyers evaluating Prestige City Ghaziabad, the calculus is straightforward: prices start from ₹1.60 crore onwards, placing it at a deliberate premium over the NH-24 corridor average — a gap that reflects the brand, the scale of the township, the L&T construction contract, and the Hafeez Contractor design mandate.
