PRESTIGE AARAMNAGAR marks Prestige Group's formal entry into one of Mumbai's most closely-watched western suburb micro-markets. Prestige Estates Projects Limited has entered into a joint venture with ABIL Group, a developer of premium real estate and hospitality in Pune and Mumbai, to develop a land parcel through Aaramnagar Realty LLP. The acquisition was completed on April 9, 2026, and involves a capital infusion of ₹180 crores for a 50% partnership interest.
The project sits on a compact but high-value land parcel. This collaboration focuses on developing a prime land parcel through Aaramnagar Realty, situated at Aram Nagar in Versova, Mumbai, covering approximately six acres with a total development potential of around 1.7 million sq. ft. (RERA area), and an anticipated gross development value (GDV) surpassing Rs 9,000 crore. This scale of GDV on a relatively small land footprint underlines just how premium the positioning is expected to be.
ABIL Group's local expertise pairs with Prestige's execution scale. ABIL Group brings expertise as a developer of premium real estate and hospitality projects in Pune and Mumbai, complementing Prestige's established market presence. Versova's appeal as a micro-market stems from its robust social infrastructure, strong connectivity, and strategic proximity to key commercial hubs across the city.
As of now, the project is at an early planning stage. Prestige Aram Nagar is currently in the upcoming stage, with RERA approval awaited, and possession is expected by 2029. Unit configurations reported by early channel-partner listings point to 2, 3, and 4 BHK apartments, though official pricing and floor plans are yet to be released by the developer.
Detailed pricing has not been officially released; the table below reflects the configurations reported so far, pending formal launch and RERA registration.
| Type | Size | Price | Status |
|---|---|---|---|
| 2 BHK | To be announced | On request | Pre-launch |
| 3 BHK | To be announced | On request | Pre-launch |
| 4 BHK | To be announced | On request | Pre-launch |
While final specifications await launch, the master plan is designed around a landscaped, resident-first environment typical of Prestige's premium developments.
A dedicated clubhouse planned as the social hub of the development.
Residential towers set within a landscaped podium designed for open green spaces.
Dedicated zones for leisure and community activity within the project.
Tower design planned to ensure every home receives ample natural light and fresh air.
Internal circulation planned to link seamlessly with Link Road and Western Express Highway access points.
Elegant architecture and thoughtfully planned layouts across 2, 3, and 4 BHK residences.
A layout integrating amenities to foster a vibrant, engaged resident community.
PRESTIGE AARAMNAGAR is located at Aram Nagar in Versova, within Andheri West — a locality long known for its film and TV production hubs and now emerging as a premium residential address. The site benefits from proximity to the Western Express Highway, giving quick access to the Chhatrapati Shivaji Maharaj International Airport, the Bandra-Kurla Complex, and other major business districts on Mumbai's western corridor. Versova Beach and the Koli fishing village lend the neighbourhood a distinct coastal character rarely found elsewhere in the western suburbs. Public transit connectivity is a strong draw for the location. The nearest metro station is Versova, a single-line station on the Mumbai Metro Blue Line, roughly 1.88 km away and about a 19-minute walk. Andheri (West) metro station is also close by, around 1.7 km away. The area is further serviced by Andheri suburban rail station and multiple bus routes, while retail and entertainment options such as Infinity Mall, Fun Republic, and Juhu Beach are all within a short drive.
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Content is provided strictly for information and does not constitute an offer, solicitation, or contractual commitment. Specifications, pricing, and availability may change at any time. Independent verification of all particulars is advised. About · Projects
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