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The Prestige City Indirapuram
The Prestige City Indirapuram is a significant residential project launched by the Prestige Group in Ghaziabad, marking its entry into the National Capital Region (NCR) real estate market. This ambitious development is notable for its scale and the comprehensive lifestyle it aims to provide.
Project Details
The first phase of this project, named Oakwood and Mulberry, features a combined Gross Development Value (GDV) exceeding ?9,000 crore. It encompasses 3,421 homes distributed across 19 towers, offering a variety of configurations including 2 BHK, 3 BHK, 3 BHK + Home Office, and 4 BHK + Home Office residences. The unit sizes range from 1,681 sq ft to 6,026 sq ft, catering to diverse family needs and preferences.
Future Expansion
The project is set to expand with a second phase called Mayflower, which will increase the total GDV of the entire development to approximately ?12,000 crore. This expansion reflects the Prestige Group’s commitment to establishing a robust presence in the NCR market.
Location and Accessibility
Situated on 62.5 acres in Indirapuram Extension along National Highway 24, The Prestige City Oakwood is strategically located for excellent connectivity. It benefits from proximity to major transport links and social infrastructure such as schools, hospitals, shopping centers, and recreational facilities.
Amenities
The township promises an array of world-class amenities designed to enhance residents’ quality of life. These include:
Two grand clubhouses totaling over 100,000 sq ft
An integrated Forum Mall covering 1.18 million sq ft
Various recreational spaces that promote community engagement.
Market Impact
This launch is considered one of the most significant in NCR’s real estate history due to its scale and the anticipated lifestyle improvements it will bring to the region. Irfan Razack, Chairman and Managing Director of Prestige Group, expressed enthusiasm about this milestone and emphasized their long-term commitment to expanding within NCR.
The Prestige City Mulberry Indirapuram represents a landmark development in Ghaziabad’s residential landscape, combining luxury living with essential amenities in a well-connected location.