PRESTIGE CENTRAL DELHI

The Address & The Vision

An Address Worth Owning

Prestige Central Delhi was conceived as a boutique luxury residential development on Kasturba Gandhi Marg. Its proposed address sits in Lutyens’ Delhi, close to Connaught Place and the central institutions and destinations of New Delhi. The project was associated with Prestige Estates Projects Limited, part of Prestige Group.

The location offers a distinctly central city setting, with Connaught Place, Janpath Market and established metro links within reach. Rajiv Chowk and Barakhamba Road stations provide access to the Yellow and Blue lines. Nearby destinations include Modern School on Barakhamba Road and Central Hospital, Northern Railways.

The proposal was described as a small, niche and exclusive residential scheme. Its position on a prominent central avenue framed the concept, with the character of Lutyens’ Delhi and proximity to the capital’s established urban core shaping its context.

Prestige acquired the bungalow property in 2023 for approximately ₹300 crore. In late 2025, after delays in obtaining approvals, the group sold the property for approximately ₹450 crore and exited the proposed development.

Prestige Group’s wider portfolio spans residential, commercial, retail, hospitality and mixed-use real estate. Its reported developments include projects across Delhi-NCR and other Indian cities; Prestige Central Delhi remains a proposed project that the group exited.

A Look Inside

PRESTIGE CENTRAL DELHI, Lutyens’ Delhi, Central Delhi — Photo 1

PRESTIGE CENTRAL DELHI, Lutyens’ Delhi, Central Delhi — Photo 2

PRESTIGE CENTRAL DELHI, Lutyens’ Delhi, Central Delhi — Photo 3

PRESTIGE CENTRAL DELHI, Lutyens’ Delhi, Central Delhi — Photo 4

PRESTIGE CENTRAL DELHI, Lutyens’ Delhi, Central Delhi — Photo 5

PRESTIGE CENTRAL DELHI, Lutyens’ Delhi, Central Delhi — Photo 6

PRESTIGE CENTRAL DELHI, Lutyens’ Delhi, Central Delhi — Photo 7

PRESTIGE CENTRAL DELHI, Lutyens’ Delhi, Central Delhi — Photo 8

Configurations & Pricing

Choose Your Space

Configuration	Size	Starting Price
Boutique luxury residential development A proposed boutique residential scheme on Kasturba Gandhi Marg in Lutyens’ Delhi.		On request

Master & Floor Plans

Detailed master plan and unit-wise floor plans available on request.

Preview only — request full plan

Location / Address

A Defining Address

Kasturba Gandhi Marg, New Delhi · Lutyens’ Delhi · Central Delhi

Kasturba Gandhi Marg places this proposed residential address within Lutyens’ Delhi, alongside the established central district of Connaught Place. The setting brings together a historic urban fabric and the civic, cultural and commercial core of New Delhi. Connaught Place is approximately 1 km from the locality.

Metro connections include Rajiv Chowk, approximately 0.4 km away, with Yellow and Blue Line access, and Barakhamba Road, approximately 0.35 km away on the Blue Line. Shivaji Bridge railway station is approximately 0.97 km away. Janpath Market and Modern School on Barakhamba Road are also close to the site.

Preview only — request full map

Connectivity

Location Advantages

Education

Modern School, Barakhamba Road — Approximately 0.44 km

Healthcare

Central Hospital, Northern Railways — Approximately 1 km

Schedule a Site Visit

See the property in person. Our sales team will get in touch to coordinate a visit at your convenience.

Why Invest

Compelling Reasons

1

A Kasturba Gandhi Marg address

The proposal centred on a property on Kasturba Gandhi Marg in Lutyens’ Delhi, adjoining Connaught Place. The address places the concept within one of New Delhi’s established central districts.

2

A boutique residential concept

Contemporary descriptions characterised the intended scheme as a boutique luxury residential project. Prestige Group’s chairman discussed the KG Marg site in May 2024 as a small, niche and exclusive Delhi-NCR project.

3

Central district access

The locality is close to Connaught Place, approximately 1 km away. Janpath Market is approximately 0.6 km from KG Marg, connecting the proposed address with a well-known central Delhi shopping destination.

4

Metro connections nearby

Rajiv Chowk Metro Station is approximately 0.4 km away and offers Yellow and Blue Line access. Barakhamba Road Metro Station, on the Blue Line, is approximately 0.35 km from the locality.

5

Established neighbourhood institutions

Modern School on Barakhamba Road is approximately 0.44 km away, while Central Hospital, Northern Railways, is approximately 1 km from KG Marg. Shivaji Bridge railway station is approximately 0.97 km away.

6

Prestige Group background

Prestige Estates Projects Limited was established in 1986 and reported 302 completed developments in its FY2024–25 annual-report material. Its business spans residential, commercial, retail, hospitality and mixed-use real estate.

About the Developer

Prestige Developments

Prestige is an Indian real estate development company headquartered in Bangalore, founded by Razack Sattar in 1986, with developments in Bangalore, Chennai, Kochi, Calicut, Hyderabad, Mumbai, Mangalore, Goa and Delhi-NCR. The company is listed on the BSE and NSE as Prestige Estates Projects Limited and operates from Prestige Falcon Tower on Brunton Road, Bengaluru. As of March 2025, the group had delivered 302 projects spanning 193 million square feet, with 63 ongoing projects covering 115 million square feet, 67 planned projects across 88 million square feet, and a 689 acre land bank. The business is led today by Chairman and Managing Director Irfan Razack, alongside Joint MD Rezwan Razack and Whole-time Director Noaman Razack.

The group's signature approach combines scale with institutional discipline. Prestige Estates Projects Ltd holds CRISIL's highest developer grade, DA1+, which reflects strong execution capability, financial stability and transparent documentation, and the rating was reaffirmed in 2025, making Prestige the only real estate company in India to hold DA1+. The company also carries an ICRA A+ credit rating and was among the first real estate developers in Bangalore to secure ISO 9001 certification. Project planning is supported by long-tenured leadership in engineering, design and execution, with multi-decade veterans overseeing delivery across the residential, office, retail, hospitality and warehousing verticals.

The portfolio spans every major asset class in Indian real estate. The residential business has completed 150 projects comprising 127 million square feet, with 37 ongoing projects for 65 million square feet and 30 projects under planning for 75 million square feet, while the commercial office business has completed 125 projects comprising 50 million square feet with 12 ongoing projects for 23 million square feet. Prestige has developed retail malls, large townships, tech parks, luxury villas, SEZs and hotels such as Conrad, Sheraton Grand and JW Marriott amongst others. Landmark addresses include UB City, Prestige Shantiniketan, Prestige Golfshire, Prestige Lakeside Habitat, Prestige Kingfisher Towers, The Forum malls and the large-format Prestige City townships.

Ownership remains anchored in the Razack family while the operating company is publicly listed and professionally governed. Prestige emphasises sustainable construction through green building certifications, water conservation systems, solar energy use and waste recycling initiatives across major projects, aligning with a vision of responsible urban development. In May 2025, Prestige Group announced its entry into NCR with the launch of The Prestige City-Indirapuram in Ghaziabad, extending a southern-rooted franchise into India's largest housing market. The combination of family stewardship, listed-company transparency and a 689 acre land bank underpins the group's next decade of development.

Rate this project

Write a review

Visited or booked here? Share your honest experience. Reviews are checked before they appear.

Frequently Asked Questions

What is the current status of Prestige Central Delhi?+

The proposed Kasturba Gandhi Marg development was described as a boutique luxury residential project. Prestige later exited the property and sold it in late 2025.

Is Prestige Central Delhi RERA registered?+

No project-specific RERA registration is recorded for Prestige Central Delhi.

Where is Prestige Central Delhi located?+

The proposed site is on Kasturba Gandhi Marg in Lutyens’ Delhi, adjoining Connaught Place.

What are the configurations and prices at Prestige Central Delhi?+

The proposal was described as a boutique luxury residential development. No configuration or project price is included among its recorded details.

What amenities are planned at Prestige Central Delhi?+

The proposal was described as a boutique luxury residential project; specific project amenities were not identified.

How is Prestige Central Delhi connected to the metro?+

Rajiv Chowk Metro Station is approximately 0.4 km from the locality, with Yellow and Blue Line access. Barakhamba Road Metro Station is approximately 0.35 km away on the Blue Line.