Connaught Place carries an address weight that no other precinct in India quite matches — PIN code 110001, the dead centre of a capital city where land supply is effectively frozen. It is precisely this scarcity that makes Prestige Group's move onto Kasturba Gandhi Marg significant. Prestige Imperium, the group's flagship residential entry into central Delhi, occupies 6 acres on KG Marg — one of the few large, contiguous sites left in the inner ring of Lutyens' Delhi.
For a Bangalore-headquartered developer whose résumé spans Prestige Shantiniketan in Whitefield, UB City on Vittal Mallya Road, and Prestige 101 in Mumbai's Bandra Kurla Complex, the Connaught Place address is a deliberate statement of where the group believes the ceiling of Indian residential real estate now sits. Prestige Group entered the Delhi-NCR market in 2018 and has been building out a pipeline ever since — including Prestige City in Siddhartha Vihar, Ghaziabad, and a project in Sector 62, Noida — but Prestige Imperium on KG Marg is the group's most centrally positioned and highest-configuration offering in the region to date.
Prestige Imperium delivers a limited collection of 3 BHK, 4 BHK, and 5 BHK apartments on KG Marg, Connaught Place, with prices starting at ₹12 Crore. The project is currently in pre-launch. Possession is targeted for November 2028. The site planning keeps over 80% of the 6-acre land as open green space — a ratio that is difficult to achieve anywhere in the inner city and virtually impossible to replicate on a fresh land parcel in this precinct.
The master plan is oriented around privacy and low density. A grand clubhouse, landscaped gardens, and walking trails sit within the perimeter, and every residence is designed with natural light and cross-ventilation as baseline requirements rather than optional upgrades. The configuration range — 3 BHK through 5 BHK — targets senior professionals, diplomatic households, and family occupiers who want central Delhi proximity without compromising on floor area or amenity depth.
| Detail | Prestige Imperium |
|---|---|
| Location | Kasturba Gandhi Marg, Connaught Place, New Delhi 110001 |
| Site Area | 6 acres |
| Configurations | 3 BHK, 4 BHK, 5 BHK |
| Starting Price | ₹12 Crore onwards |
| Open Space | Over 80% of site area |
| Possession Target | November 2028 |
| Stage | Pre-launch |
Kasturba Gandhi Marg runs from the outer circle of Connaught Place toward Barakhamba Road, flanked by the Janpath junction on one side and the consular quarter on the other. Residents of Prestige Imperium sit a short walk from Janpath Metro Station and Barakhamba Road Metro Station — both on the Blue Line of the Delhi Metro — giving them direct rail access to Dwarka, Noida City Centre, and all interchange points in between. The Indira Gandhi International Airport is approximately 45 minutes by road via NH-48.
The immediate neighbourhood is defined by institutions and embassies rather than high-density retail, which keeps the street environment quieter than the outer circles of Connaught Place. India Gate is less than 2 kilometres to the south-east, Lodhi Garden is within a 10-minute drive, and Khan Market — Delhi's highest-rental retail strip — is roughly 4 kilometres by road. The social infrastructure around the site is mature: Max Healthcare, AIIMS, and Safdarjung Hospital all fall within a 5–8 kilometre radius; Modern School Barakhamba Road is in the immediate vicinity.
Ultra-luxury residential supply in Connaught Place and the Lutyens' bungalow zone is structurally constrained. Heritage conservation regulations, government land ownership, and the absence of undeveloped parcels combine to keep new project launches rare. When comparable luxury apartments in Connaught Place have traded, benchmark rates have reached ₹80,000–₹85,000 per sq ft in Q3 2025 — a figure that reflects the irreplaceable nature of the address rather than construction cost alone. Land prices in central Delhi business hubs rank among the highest in the country as of 2026.
In that context, the ₹12 Crore entry point at Prestige Imperium positions the project at the threshold of a micro-market where scarcity is a structural constant. Unlike peripheral luxury corridors in Dwarka Expressway or Aerocity, values in CP-adjacent addresses do not depend on future infrastructure delivery — the connectivity, the social fabric, and the address recognition already exist.
Buyers evaluating a pre-launch project at this price point reasonably want to understand who is behind it. Prestige Group was founded in 1986 and is currently led by Chairman and Managing Director Irfan Razack, the second generation of the Razack family. The group's first project was Prestige Court on KH Road, Bangalore; it now operates across 13 cities in 9 states, with over 300 completed projects delivering more than 193 million sq ft of developed area as of September 2024. Ongoing developments span an additional 72 million sq ft across 56 projects.
Two financial ratings speak directly to delivery confidence. Prestige is the only real estate developer in India to hold CRISIL's DA1+ developer grade — the highest grading available in the country — and carries an ICRA A+ credit rating. The group posted ₹30,024.5 Crore in sales for FY26 and clocked ₹18,144 Crore in bookings in H1 FY26 alone, the highest figure among 28 major listed developers in that period. This financial depth matters for a project with a November 2028 possession target: construction capital is not contingent on sales velocity.
In northern India, the group's expanding footprint includes Prestige City-Indirapuram in Ghaziabad and a project in Sector 62 Noida, alongside the flagship Prestige Imperium on KG Marg. The NCR pipeline gives Prestige the operational familiarity with Delhi regulatory processes — including RERA Delhi — that a developer new to the market would lack.