Prestige Group expands in Mumbai with Rs 291 cr land acquisition for residential project

Bengaluru-based Prestige Group is expanding its presence in Mumbai by acquiring 22,135 square meters of land for Rs 291.58 crore. The land, located in the Mira Bhayandar Municipal Corporation area, will be developed into a residential project with an estimated 1 million square feet of carpet area. This acquisition aligns with Prestige Group's strategic expansion plans in India's commercial capital.