Prestige Group, a renowned name in Indian real estate, has achieved a significant milestone by completing its first 3 flagship projects in Mumbai. Since entering the city’s dynamic property market in 2022, the Group has focused on redefining urban living with large-scale developments that blend luxury, functionality, and thoughtful design.
With the recent delivery of over 800 units across 2.8 million square feet, Prestige strengthens its presence in India’s financial capital while staying true to its legacy of quality and innovation.
Among the completed projects, Siesta at The Prestige City in Mulund is a premium 54-storey residential tower featuring 462 sky-lounge residences. It is the first phase of a larger mixed-use integrated township at Yogi Hills. The project includes a multi-level clubhouse with a broad array of lifestyle amenities aimed at enriching the lives of its residents.
Meanwhile, Prestige Jasdan Classic in Mahalaxmi is a boutique luxury development built over 2 acres. This 45-storey tower offers 233 refined residences and boasts top-tier amenities such as an outdoor swimming pool, gymnasium, banquet hall, children’s play area, and sports courts. Both developments provide expansive homes, premium finishes, and panoramic city views, exemplifying Prestige’s signature craftsmanship and attention to detail.
The 3rd completed project, Prestige Turf Tower, is a Grade A commercial development strategically located in Mahalaxmi, overlooking the iconic Mahalaxmi Race Course. This initiative marks the Group’s strong foray into Mumbai’s commercial real estate sector, catering to the increasing demand for high-quality office spaces in prime locations.
Commenting on the achievement, Mr. Irfan Razack, Chairman and Managing Director of Prestige Group, stated, “The completion of Siesta at The Prestige City, Mulund and Prestige Jasdan Classic, Mahalaxmi represents a key milestone in our Mumbai journey. These developments reflect our deep-rooted commitment to creating not just living spaces but holistic lifestyle destinations. We’re excited to welcome residents to homes that exemplify luxury, thoughtful design, and long-lasting quality.”
Mr. Tariq Ahmed, CEO, West India, Prestige Group, added, “It is a proud moment to unveil our first completed projects in Mumbai’s skyline. With these developments, we are delivering on our promise to bring Prestige’s legacy of excellence to this dynamic city. Our focus remains on creating iconic communities that elevate urban living and resonate with the aspirations of Mumbai’s discerning homebuyers.”
Read More: Prestige Estates Announces ₹1,625 Cr Investment in Hospitality Arm!
As of May 29, 2025, at 11:00 AM , Prestige Estates share price traded at ₹1,498.70 per share, reflecting a surge of 3.23% from the previous day's closing price. Over the past month, the stock has surged by 8.60%
With over 300 transformative projects delivered across India, Prestige Group’s successful debut in Mumbai underlines its commitment to innovation, quality, and timely execution. These 3 projects, residential and commercial alike, open a new chapter for the company in one of India’s most competitive markets. The Group continues its journey with a vision to shape inspiring spaces and redefine metropolitan living.
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Published on: May 29, 2025, 1:58 PM IST
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