Prestige Group Expands Bengaluru Presence with Premium Housing Launch

Prestige Group has expanded its residential footprint in Bengaluru with the launch of a large premium housing project, reinforcing its confidence in the city’s housing demand. The newly announced development, with homes priced from ₹92 lakh, is part of a major residential investment valued at around ₹5,000 crore. This launch highlights sustained buyer interest in premium housing and Bengaluru’s position as one of India’s strongest residential real estate markets.

The newly launched project, named Prestige Evergreen, is a large-scale premium residential development located in Bengaluru. Designed to cater to end-users seeking upgraded living spaces, the project offers modern apartments with well-planned layouts and lifestyle amenities. The scale of the project reflects Prestige Group’s long-term commitment to the city’s residential growth.

Homes in the Prestige Evergreen project are priced starting from approximately ₹92 lakh, positioning the development in the premium yet accessible segment of Bengaluru’s housing market. The pricing strategy is aimed at professionals and families looking for quality housing with strong brand backing. The project is expected to attract both end-users and long-term investors.

The overall project carries an estimated gross development value of nearly ₹5,000 crore. This significant investment underlines Prestige Group’s confidence in Bengaluru’s residential absorption capacity. Large-scale projects of this nature also signal developer optimism about stable demand, improved affordability, and positive buyer sentiment.

Bengaluru continues to be a preferred residential destination due to its strong employment base and expanding infrastructure. The project’s location offers access to major road networks, employment hubs, and social infrastructure. Such connectivity plays a crucial role in driving demand for premium apartments in Bengaluru, especially among working professionals.

Prestige Evergreen is planned as a lifestyle-oriented residential project with a focus on open spaces, recreational facilities, and community living. Premium amenities, landscaped zones, and modern infrastructure are expected to enhance living standards. These features align with evolving buyer preferences for integrated residential environments.

The launch comes at a time when Bengaluru is witnessing consistent demand for premium and mid-premium housing. Stable job growth, rising incomes, and preference for branded developers have supported this trend. The success of similar projects has encouraged developers like Prestige to expand offerings in this segment.

Prestige Group has been actively strengthening its residential portfolio across key Indian cities, with Bengaluru remaining its core market. Launching large, high-value projects allows the developer to leverage scale, brand trust, and execution capability. This strategy also helps improve revenue visibility over the medium term.

New launches by established developers tend to boost overall market confidence. The Prestige Evergreen launch is expected to generate strong buyer interest, especially among those seeking ready future value and long-term appreciation. It also reinforces Bengaluru’s position as a resilient residential market despite broader economic cycles.

With steady infrastructure development, office absorption, and housing demand, Bengaluru’s real estate outlook remains positive. Premium residential projects backed by strong developers are likely to continue seeing healthy traction. Such launches contribute to market depth and offer buyers more organised housing options.

Prestige Group’s launch of a premium housing project in Bengaluru, with homes starting from ₹92 lakh and a project value of around ₹5,000 crore, reflects strong confidence in the city’s residential demand. The development strengthens the developer’s presence in its home market and highlights sustained interest in premium housing. As Bengaluru continues to grow, such projects are expected to play a key role in shaping its residential landscape.