Prestige Group, one of India’s leading real estate developers, has reached a major milestone with the completion of its first three projects in Mumbai. The developer, renowned for its commitment to quality and luxury, has successfully delivered Siesta at The Prestige City, Mulund, Prestige Jasdan Classic, Mahalaxmi, and Prestige Turf Tower, marking its strong entry into the city’s competitive luxury residential and commercial segments. This milestone not only strengthens the group’s foothold in the commercial capital of India but also sets the stage for future developments that promise to redefine urban living in Mumbai.
These projects highlight Prestige Group’s dedication to creating well-designed, high-end living and working spaces that cater to the aspirations of discerning homebuyers and businesses in one of the most dynamic real estate markets in the world.
Key Developments by Prestige Group in Mumbai:
Prestige Group’s first set of completed projects includes a mix of luxury residential towers and Grade A office spaces. Let’s dive into the specifics of these landmark developments.
Siesta at The Prestige City, Mulund:
- Location: Yogi Hills, Mulund
- Key Features:
- A 54-storey residential tower with 462 premium residences.
- Designed with modern aesthetics and functionality, catering to families seeking luxury.
- A multi-level clubhouse offering a wide array of lifestyle amenities such as a swimming pool, gymnasium, and recreational spaces.
This project forms the first phase of a larger, integrated township, The Prestige City, designed to provide residents with a balanced living environment combining modern architecture and nature.
Prestige Jasdan Classic, Mahalaxmi:
- Location: Mahalaxmi, Mumbai
- Key Features:
- A 45-storey luxury tower offering 233 high-end apartments.
- Built across 2 acres, it provides expansive homes with panoramic city views.
- The project includes premium amenities like a swimming pool, children’s play area, banquet hall, squash and badminton courts, and a multipurpose arena.
Prestige Jasdan Classic is located in one of Mumbai’s most coveted neighbourhoods, offering both exclusivity and convenience. The tower reflects Prestige Group’s commitment to delivering luxury and convenience in a well-rounded living space.
Prestige Turf Tower, Mahalaxmi:
- Location: Mahalaxmi Race Course, Mumbai
- Key Features:
- Grade A commercial office space overlooking the Mahalaxmi Race Course.
- The project caters to businesses looking for premium office spaces in a central business district.
- With state-of-the-art facilities, the building is poised to attract high-profile tenants.
This project marks Prestige Group’s entry into the commercial real estate market in Mumbai, complementing their luxury residential offerings.
Statements from the Leadership:
Irfan Razack, Chairman and Managing Director of Prestige Group, shared his thoughts on the milestone:
“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.”
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.”
Prestige Group’s Vision for Mumbai:
With over 300 successful projects across India, Prestige Group’s debut in Mumbai marks the beginning of a strong, long-term presence in the city. The company has brought its legacy of creating iconic properties to the city, with a focus on premium residential towers and Grade A commercial spaces. The delivery of these first three projects solidifies Prestige Group’s commitment to meeting the growing demand for luxury homes and commercial spaces in Mumbai’s competitive market.
Summary Table – Quick Facts:
| Project Name | Location | Type | Number of Units | Key Amenities |
|---|---|---|---|---|
| Siesta at The Prestige City | Mulund, Yogi Hills | Residential | 462 residences | Clubhouse, Swimming pool, Gym, Recreational spaces |
| Prestige Jasdan Classic | Mahalaxmi | Residential | 233 apartments | Swimming pool, Play area, Squash courts, Gym |
| Prestige Turf Tower | Mahalaxmi Race Course | Commercial Office Space | Office spaces | Premium office facilities, Central location |
FAQ:
1. What is the significance of Prestige Group’s recent completion in Mumbai?
Prestige Group has completed its first three major projects in Mumbai, marking its entry into the city’s competitive luxury real estate market. These projects include both residential and commercial spaces that reflect the group’s commitment to quality and timely delivery.
2. What are the key features of Siesta at The Prestige City?
Siesta is a 54-storey tower in Mulund, featuring 462 premium residences. It offers a multi-level clubhouse with amenities like a swimming pool, gym, and recreational spaces, providing a balanced lifestyle for residents.
3. Where is Prestige Jasdan Classic located, and what amenities does it offer?
Prestige Jasdan Classic is located in the upscale neighbourhood of Mahalaxmi and offers 233 high-end apartments. The building provides amenities such as a swimming pool, play area, banquet hall, and sports facilities like squash and badminton courts.
4. What is Prestige Turf Tower?
Prestige Turf Tower is a Grade A commercial office space development located near the Mahalaxmi Race Course. It offers premium office spaces in one of Mumbai’s central business districts.
5. How does Prestige Group plan to expand its presence in Mumbai?
Having successfully completed its first three projects in Mumbai, Prestige Group aims to continue expanding its footprint in both the luxury residential and commercial real estate markets, with plans to deliver more iconic developments in the future.