Get Live Index Option Trades
BUSINESS

Prestige Estates Launches Garden Breeze in Bengaluru

Prestige Estates
Prestige Estates has launched its Garden Breeze residential project in Bengaluru's Sarjapur area

Prestige Estates has launched its Garden Breeze residential project in Bengaluru’s Sarjapur area, with an estimated GDV of Rs 1,100 crore.

The development sits on 10 acres of land and will include four towers, with heights ranging from ground plus 22 floors to ground plus 30 floors, along with two basement levels.

Once complete, the project will offer 655 apartments in total. Buyers will have a choice between 2 and 3 bedroom configurations.

Unit sizes start from 1,081 square feet and go up to 1,789 square feet, with the overall project covering close to 0.93 million square feet of saleable area.

Speaking about the launch, Irfan Razack, Chairman and Managing Director of Prestige Group, said Bengaluru continues to be an important market for the company.

He noted that demand remains strong across both established and newer residential areas of the city, and that Garden Breeze builds on the momentum created by the group’s existing integrated township in the same location.

This launch comes shortly after another major development for the company. Last month, Prestige Estates signed a binding agreement with the CPP Investment Board for its hospitality arm, Prestige Hospitality Ventures.

Under this deal, CPPIB plans to invest up to Rs 3,000 crore into the hotel business in multiple stages, which would give it a 28% stake once completed.

The investment will combine both primary and secondary components, with final terms to be signed later.

Prestige Hospitality Ventures currently operates as a wholly owned unit of Prestige Estates and reported standalone revenue of Rs 345.9 crore in the last financial year.

Looking at the bigger picture, Prestige Group had delivered 319 projects spanning 216 million square feet as of June 2026.

The company’s current pipeline stands at 137 projects across 229 million square feet, giving a sense of the scale it continues to operate at across Indian cities.

Feeling overwhelmed by the markets? Let Tradz by EquityPandit be your guide. Our user-friendly app simplifies complex data and provides actionable trading signals. Download the app today and trade with confidence!

Click here to check market prediction for next trading session.




πŸ“°
News
πŸ“ˆ
Prediction
πŸ“Š
FII / DII
πŸ’Ό
Portfolio 2026