{"id":3767,"date":"2019-09-25T16:50:17","date_gmt":"2019-09-25T11:20:17","guid":{"rendered":"https:\/\/media.biltrax.com\/?p=3767"},"modified":"2022-03-06T18:00:50","modified_gmt":"2022-03-06T12:30:50","slug":"prestige-estates-to-invest-rs-500-crore-in-first-housing-project-in-ncr","status":"publish","type":"post","link":"http:\/\/sh040.global.temp.domains\/~vitamind\/biltrax.mediacontent\/prestige-estates-to-invest-rs-500-crore-in-first-housing-project-in-ncr\/","title":{"rendered":"Prestige Estates to invest Rs. 500 crore in first housing project in NCR"},"content":{"rendered":"\n<p>Realty firm&nbsp;Prestige Estates Projects Ltd.&nbsp;is targeting the Delhi-NCR market and has partnered with local developer Ace group to launch its first housing project in Noida with an investment of around Rs. 500 crore.<\/p>\n\n\n\n<p>\u201cWe are entering into Delhi-NCR which is a key real estate market in the country. We have formed a joint venture with Ace Group to develop this mid-income housing project,\u201d said Prestige Group\u2019s CEO, Venkat K Narayan.<\/p>\n\n\n\n<p>The&nbsp;total&nbsp;potential&nbsp;for&nbsp;development&nbsp;in&nbsp;the&nbsp;upcoming&nbsp;project&nbsp;is&nbsp;estimated&nbsp;at&nbsp;about&nbsp;2&nbsp;million&nbsp;sqft,&nbsp;comprising&nbsp;of more&nbsp;than&nbsp;1,000&nbsp;units. <\/p>\n\n\n\n<p>When asked about this investment, Narayan said that the land is already owned by the joint venture partner&nbsp;and that construction costs is estimated at approximately Rs. 500 crore. He said, adding , \u201cwe are targeting to launch this project this year.\u201d<\/p>\n\n\n\n<h3><a href=\"https:\/\/www.biltrax.com\/\"><span style=\"text-decoration: underline;\">Biltrax Construction Data<\/span><\/a><strong>&nbsp;is tracking <\/strong>Prestige Estates<strong> <\/strong>Residential Project <strong>on their technology platform for their Clients.<\/strong><\/h3>\n\n\n\n<p><strong>V<strong>isit\u00a0<a href=\"https:\/\/www.biltrax.com\/\">https:\/\/www.biltrax.com\/<\/a><\/strong>\u00a0or email us at\u00a0<strong>contact@biltrax.com<\/strong>\u00a0to become a subscriber and generate new leads.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Realty firm&nbsp;Prestige Estates Projects Ltd.&nbsp;is targeting the Delhi-NCR market and has partnered with local developer Ace group to launch its first housing project in Noida&#8230;<\/p>\n","protected":false},"author":7,"featured_media":4553,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"spay_email":""},"categories":[2,393,1897],"tags":[321,333,334],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Prestige Estates to invest Rs. 500 crore in first housing project in NCR - Biltrax Media, A Biltrax Group venture<\/title>\n<meta name=\"description\" content=\"Realty firm&nbsp;Prestige Estates Projects Ltd.&nbsp;is targeting the Delhi-NCR market and has partnered with local developer Ace group to launch its\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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