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Prestige Group looks to partner TDI in Lutyens Delhi

Dated on: Tuesday 12th September 2023

The Prestige Group, headquartered in Bengaluru, is currently in advanced discussions with TDI Infratech to establish a joint development agreement for the construction of a residential property spanning 5,100 square yards located on Kasturba Gandhi Marg in the prestigious Lutyens' Delhi area. Individuals familiar with the matter have disclosed that the property, owned by TDI Infratech, is valued at approximately ?325-350 crore and holds a projected revenue potential of ?700 crore. Experts believe that Prestige Group is likely to consider the development of eight to nine boutique apartments, signifying its entry into the residential real estate market in Delhi.

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