Prestige Group plans 17-acre residential project in Gurugram’s Sector 92
Prestige Group’s Sector 92 plan takes shape through land agreement
Prestige Group has entered a joint development agreement with Sare Gurugram Pvt Ltd for a residential project in Sector 92, Gurugram. Signed on 1 April 2026, the agreement covers a 17.212-acre land parcel near Dwarka Expressway and marks the developer’s first project in Gurugram.
The planned development has a saleable area of 3 million square feet and a projected gross development value of ₹4,200 crore. The project is upcoming, with a launch timeline indicated for FY 2026–27. It is being planned as a residential apartment development; the name used on this site is Prestige Gurugram Sector 92 project.
The details
The agreement is a joint development arrangement with Sare Gurugram Pvt Ltd, described as an entity associated with the Eka, KGK and Dhoot groups. The 17.212-acre site and the planned 3-million-square-foot saleable area give the project a substantial footprint in New Gurugram. Its stated revenue potential is ₹4,200 crore.
Reported apartment configurations are 2, 3 and 4 BHK. The project’s positioning has been described as mass-premium, with multiple contemporary façade treatments and an emphasis on skyline views. Security and landscaped open areas are among the reported features, including a reference to 80% open area.
- Location: Sector 92, Gurugram, Haryana
- Land parcel: 17.212 acres
- Planned saleable area: 3 million square feet
- Projected gross development value: ₹4,200 crore
- Reported configurations: 2, 3 and 4 BHK apartments
- Indicative rate reported in September 2026: approximately ₹14,000 per square foot
The September rate is an indicative market figure, rather than a confirmed launch price. The project is in the pre-launch stage, and its RERA registration is expected during FY 2026–27. The agreement with the landowner establishes the development arrangement; it is not a government approval.
The location
Sector 92 is in the New Gurugram growth corridor, near Dwarka Expressway, with access also described to NH-48. The location is around 19–25 kilometres from Indira Gandhi International Airport, with an estimated drive of 30–45 minutes. Sapphire 93 Mall and Holiday Inn in Sector 90 are among the nearby destinations identified in the area.
Sector 92 is seeing new roads and infrastructure as development expands across the corridor. Completed residential projects in the locality were reported to trade at roughly ₹10,000–12,000 per square foot in June 2026, offering a local market reference alongside the project’s indicative rate.
The developer
Prestige Estates Projects is headquartered in Bengaluru and has an established presence across Indian real estate markets. The group’s reported portfolio spans 313 delivered projects and 206 million square feet, and it holds a CRISIL DA1 developer rating.
The Sector 92 agreement extends the group’s activity into Gurugram. Its NCR presence includes Prestige City Indirapuram, launched in May 2025, which recorded reported first-week sales of ₹3,000 crore. The group has also cited ₹10,000 crore in NCR sales during FY 2026.
What comes next
The project’s stated launch window is FY 2026–27, alongside an expected RERA filing in the same financial year. The launch timeline is subject to RERA and government approvals. As of 18 October 2026, the project remains upcoming and has not launched; its next major milestones are the registration process and the formal launch.