Prestige Group, headquartered in Bengaluru and founded in 1986, has developed residential and commercial projects across Bengaluru, Chennai, Kochi, Hyderabad, Mumbai, Mangalore, Goa, and — most recently — Delhi-NCR. The group's northern expansion is not tentative. Prestige Estates Chairman Irfan Razack has stated the company is "quite bullish on the Delhi-NCR market," recording sales bookings of around ₹10,000 crore in the NCR market in the last fiscal year. That figure puts Delhi-NCR at the centre of Prestige's national growth story: the region is now the largest contributor to Prestige Group's sales, accounting for 45% of total sales in the first half of FY26 — surpassing even its primary markets in Bengaluru and Mumbai.
Prestige Group has completed over 313 projects to date, covering more than 206 million sq ft — comprising 160 completed residential projects over 139 million sq ft, 125 completed commercial projects over 49 million sq ft, and 13 completed retail projects over 10 million sq ft. That scale of delivered stock is what distinguishes a Prestige address from a speculative launch: buyers in New Delhi are buying into a developer whose completion record spans nearly four decades.
Central Business Districts anchored around Connaught Place, Barakhamba Road, and ITO are among Delhi's most established employment avenues. The area's civic pedigree is equally significant: it sits at the intersection of Delhi's Blue and Yellow Metro lines, offers sub-15-minute access to Lutyens' Delhi and the diplomatic enclave, and serves as the administrative and financial core of the national capital. As of January 2026, business hubs like Connaught Place and South Delhi command the city's highest property values.
Residential supply within Connaught Place itself is structurally scarce. Opportunities of significant residential scale in Connaught Place — Central Delhi are virtually non-existent. That scarcity is precisely what makes a new Prestige address in this micro-market notable. The market backdrop reinforces the logic: average property prices across Delhi grew by 10–15% compared to 2023, and premium areas in the capital can reach ₹30,000–₹65,000 per sq ft.
Prestige Imperium (also referenced as Prestige 9 KG Marg) is an ultra-premium residential project by Prestige Group, located near Connaught Place and Kasturba Gandhi Marg in one of the capital's most iconic and central neighbourhoods. The development features spacious 3 BHK and 4 BHK configurations along with larger premium residences, crafted with elegant layouts, high-quality finishes, and modern architectural styling. Its central location offers direct connectivity to major business districts, cultural hubs, transit networks, and lifestyle destinations across Delhi.
Kasturba Gandhi Marg sits within walking distance of Rajiv Chowk Metro station — one of the busiest interchange points in India's largest metro network — and is flanked by institutions including the Press Club of India, the National School of Drama at Mandi House, and several foreign embassies. For a buyer seeking a permanent city-centre address in New Delhi, the Connaught Place corridor has no functional substitute inside the capital's boundaries.
Prestige Group maintains a CRISIL DA1+ developer grading — the highest in India — and an ICRA A+ credit rating. The CRISIL DA1+ grading is the highest rating any real estate developer can achieve in India, and Prestige is the only developer to hold it. For buyers evaluating off-plan or under-construction inventory in New Delhi — a market where delivery risk has historically been a concern — these ratings carry direct, practical weight.
Prestige Estates Projects recently reported net profit exceeding ₹1,195 crore in the last fiscal year, with total income rising to ₹13,195 crore during 2025–26 from ₹7,735 crore in the preceding year. In FY26, total sales were ₹30,024 crore — up 76% year-on-year — and collections were ₹18,515 crore, up 53%. The company is listed on both BSE and NSE as Prestige Estates Projects Ltd, providing a level of financial transparency unusual among private developers operating in the northern market.
Prestige's entry into NCR followed a deliberate sequencing. The group expanded in Delhi-NCR after near-complete sales in its first northern project, Prestige City in Indirapuram Extension, Ghaziabad — where the first phase held total inventory worth ₹11,000 crore, of which over ₹8,000 crore was sold, prompting the launch of a second phase, MayFlower, valued at ₹2,200 crore.
That absorption rate validated the thesis. The company now plans two additional housing launches in Delhi-NCR this fiscal, one each in Noida and Gurugram, with total developable area of nearly 8 million sq ft and a revenue potential of ₹6,800 crore. Senior Vice President Praveer Srivastava has stated that Prestige is "intensively engaged in creating proposals in Gurgaon, Delhi, and Noida," with the group committed to a long-term presence in the North Indian market.
For a Prestige buyer evaluating New Delhi today, the city's infrastructure trajectory reinforces holding value at central addresses. Active projects include the Delhi-Mumbai Expressway improving connectivity with Gurugram and South Delhi, Delhi Metro Phase IV expansion connecting previously underserved corridors, and the Central Vista redevelopment transforming the institutional core of the capital. NRI interest in Delhi luxury properties surged by 15% in 2024–25, driven by a favourable US Dollar exchange rate and RERA-backed regulatory transparency.
Post-pandemic demand in the Delhi luxury segment has shifted toward homes in the 3,000–5,000 sq ft range that include dedicated home offices, wellness zones, and private open decks — with spacious layouts and amenities becoming non-negotiable. Prestige Imperium at Connaught Place addresses that demand directly, in an address that city-centre scarcity alone cannot replicate.
