Prestige Group plans ₹10,000 crore capex for West India expansion
after close1 source ↓written by the desknot a recommendation
- over the next
- ₹8,000–10,000 crore
- in MMR
- ₹27,000 crore
Prestige Estates Projects plans to invest ₹8,000–10,000 crore over the next two to three years to expand its portfolio in West India, focusing on the Mumbai Metropolitan Region and Pune. Currently, it has six ongoing residential projects worth over ₹27,000 crore in MMR and aims to double its commercial portfolio in the coming years.
This expansion could enhance Prestige's market position and drive demand in the real estate sector, potentially benefiting related industries.
Not investment advice. For informational purposes only.