12/08/2022

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Prestige Group bullish on Mumbai as its next key market with the launch of multiple projects

3 min read

Just after achieving a record pre-income collection of additional than Rs 10,000 crore in the financial yr ended March 31, 2022, the Status Team – one particular of the foremost actual estate builders in the place – is establishing its presence in Mumbai with the start of numerous commercial and residential assignments in BKC, Mahalaxmi, Yogi Hills (Mulund) and Bandra.

The ‘maximum’ city Mumbai, with its aspirations and alternatives, can make it the opportune true estate market place for the Prestige Group to foray into.

Commenting on the identical, Prestige Team Chairman and Managing Director Irfan Razack explained, “With the point out recording the highest GST collections in India and contributing to 15% of GST of the overall Indian economy, Mumbai has established by itself as the top business hub in India. I am elated to announce the start of our new household and commercial initiatives in the town, and we glimpse ahead to developing our presence in the West by bringing to bear the Prestige Group’s trademark promises of shipping and delivery assurance, top quality dwelling practical experience and the greatest excellent regular to Mumbai’s inhabitants.”

Talking on the launch, Tariq Ahmed, CEO of Prestige Group, West India, explained, ‘Having designed our have faith in throughout homes with our buyers and an address for them to are living in the city of Bangalore, the Status Team is honoured to bring to Mumbai our legacy of not just providing actual estate but our worth method of integrity, customer delight across properties, motels and malls and most importantly, rely on. We are happy to announce the launch of some of the most significant and most unique industrial and residential developments in the land of desires and options, Mumbai, in Mahalaxmi, Bandra, BKC and Mulund. These initiatives are created to carry a high-class and present-day residing and operating knowledge for our prospective buyers.”

“The Prestige Team has normally been purchaser-centered and is regarded to go outside of the concept of just buildings. We wish to be problem solvers by introducing a tinge of creative imagination to whatsoever we develop. And we could not have thought of a better city to increase to than our quite have, Amchi Mumbai. This town is hard but also has provisions for every thing and we consider that we as a team will be in a position to make the life of Mumbaikars a small far more prestigious,” he included.

According to the Status Team, they are primed to properly provide the next introduced developments:

Mahalaxmi – Prestige Jasdan Vintage is a non-public 2-acre oasis in the coronary heart of South Mumbai, Mahalaxmi. With just 233 supersized 2, 3 and 4 Mattress residences, sprawling sundecks with sweeping sights of the Mumbai skyline, the citizens will love exclusivity at every level.

Bandra – The Status Group is moving into a single of the most famous neighbourhood in town – Pali Hill, Bandra. A luxury progress with opulent 4 Mattress canvas residences, Status Daffodils will be an abode for the choicest in Mumbai.

The Status City, Yogi Hills, Mulund is Central Mumbai’s largest built-in hillside dwelling experience. Just minutes absent from the LBS road, this 30-acre improvement will dwelling top quality residential, business, and higher avenue retail areas together with a proposed faculty, hospital, and temple. The group’s very first offering will be Bellanza at The Prestige City – A quality household cluster with spacious 2 and 3 mattress residences and myriad of lifestyle amenities.