After The Ghaziabad Sellout, Prestige Group Sets Its Sights On Gurgaon, Delhi And Noida
Prestige Group's debut in the Delhi-NCR residential market has turned into one of the biggest success stories of the year, and the Bengaluru-based developer is now moving fast to capitalise on it. Prestige group is planning rapid expansion in Delhi-NCR on the back of a near sellout of the first phase of its flagship project Prestige City in Indirapuram Extension, Ghaziabad, even as the developer looks to create a long-term presence in the leading north Indian realty market in the country.
The numbers behind this decision are hard to ignore. The developer sold more than ₹8,000 crore worth of inventory of a total of ₹11,000 crore in the first phase, prompting it to launch another phase of the same project called MayFlower, which is of around ₹2,200 crore gross development value (GDV). In fact, Prestige Estate had already sold 1,200 units for over Rs 3,000 crore in the first seven days and was hopeful of selling all 3,421 units within weeks, with units priced in the range of Rs 1.5 crore to Rs 4 crore.
Speaking on the company's next steps, senior vice president Praveer Srivastava confirmed that Gurgaon, Delhi and Noida are firmly on the radar. "We are already working on some proposals in Gurgaon, Delhi as well as in Noida. Definitely we are there for a long term and looking at deepening and actually widening our footprint there." He added that the company expects to bring these plans to fruition within the year, noting hopes of having more projects in the Delhi-NCR market in 2026.
The strategic push isn't just sentiment-driven — the numbers back it up. Delhi-NCR has had the largest share of sales in the first half of 2025-26 (H1FY26), with 45 per cent of total sales coming from the region, higher than its primary areas of operations in Bengaluru and Mumbai. Overall, sales volumes for the half year ended September aggregated 13.96 million square feet, representing 6,788 units sold, with value-wise sales worth ₹18,143 crore recorded, up 157 per cent year-on-year and surpassing the full-year sales of FY25.
On the ground, this translates into concrete project pipelines. Industry reports indicate upcoming developments located in Noida and Gurugram are expected to generate an estimated revenue of approximately ₹6,800 crore, with the planned projects together offering nearly 8 million square feet of developable area. These launches follow the strong response to the company's Ghaziabad entry, where Prestige City Indirapuram reportedly achieved more than ₹9,500 crore in pre-sales within its first year of launch.
On the Gurgaon front specifically, market reports point to movement in Sector 92 along the Dwarka Expressway belt, where Prestige is said to have tied up land through a joint development route as part of its New Gurgaon entry strategy; formal RERA filing and official launch details for this parcel are still awaited, so buyers should treat specifics as provisional until the developer confirms them.
For homebuyers, the significance goes beyond a single project. Prestige Estates Projects Limited is India's leading real estate developer, with a legacy of over three decades, and has delivered over 300 projects across residential, commercial, retail, hospitality, and mixed-use sectors. That delivery record is precisely why buyers in Gurgaon and Noida are watching this expansion closely — a nationally trusted brand entering markets long dominated by regional and mid-sized developers changes the competitive calculus for pricing, quality benchmarks, and timelines alike.
What happens next will play out through 2026. As one report put it, the developer is expected to release detailed announcements throughout 2026 regarding specific project locations, unit configurations, and pricing strategies. Until formal launches and RERA registrations are announced, prospective buyers are best served booking only refundable expressions of interest, if at all, and verifying every claim through the UP-RERA, Haryana RERA or Delhi RERA portals before making payments.
