PRESTIGE IMPERIUM — New Project Coming Up in Connaught Place, New Delhi

Prestige Imperium: Connaught Place, New Delhi

Prestige Group has announced Prestige Imperium, a new project spanning 6 acres in Connaught Place, New Delhi. Pricing is on request.

About the Location

Connaught Place, also known as Rajiv Chowk, is one of the main financial, commercial and business centres in New Delhi, Delhi, India. It houses the headquarters of several noted Indian firms and is a major shopping, nightlife, and tourist destination in New Delhi.

Connaught Place, considered the principal commercial hub of the new city, holds a place of pride and is recognized as one of the top heritage structures in New Delhi. Constructed between 1929 and 1933, it was designed by Robert Tor Russell.

Limited supply is one of the defining factors behind Connaught Place's sustained real estate dominance. The heritage character restricts large-scale redevelopment, preventing the addition of modern high-rise commercial stock. This scarcity, combined with consistent demand, has made it one of the most competitive and high-value commercial markets in the country.

Developer Footprint in Delhi-NCR

Prestige Group 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 Prestige Group is planning rapid expansion in Delhi-NCR, with proposals in development across Gurgaon, Delhi and Noida, with expectations for more projects in 2026. Delhi-NCR had the largest share of sales in the first half of 2025-26 (H1FY26), with 45 per cent of total sales coming from the region, higher than the developer's primary areas of operations in Bengaluru and Mumbai.

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.

Developer Profile

Founded in 1986 by the late Razack Sattar, Prestige Estates Projects Limited (branded as Prestige Group) is one of India's largest listed real-estate developers and the most influential property brand in South India. The company is listed on the BSE and NSE as Prestige Estates Projects Limited.

Prestige holds a CRISIL DA1+ Developer Rating, making it the only Indian real-estate company to hold this grade.