Thursday, 17 September 2026

Indian corporate news, decoded into deal flow

NSE LIVE
NIFTY 50 INDIA VIX
as of
MARKETS
DEAL FLOW
Aimtron Electronics US Subsidiary Bags US$11.8… ▲ Order Book Prestige Estates Launches ₹1,100 Crore Garden… ▲ Capex & Future Plan Stock Market Today: Nifty, Bank Nifty,… ▲ Market News / Economy Puravankara Secures ₹2,600 Crore Redevelopment Project… ▲ Order Book SoftTech Engineers Secures ₹92.95 Crore JNPA… ▲ Order Book Imagicaaworld to Sell Novotel Imagicaa to… ▲ Capex & Future Plan Yatharth Hospitals Gets ₹3,150 Crore Investment… ▲ Capex & Future Plan
Home / Capex & Future Plans / Prestige Estates Launches ₹1,100 Crore Garden Breeze Project in Sarjapur, Bengaluru
CX · Capex & Future Plans

Prestige Estates Launches ₹1,100 Crore Garden Breeze Project in Sarjapur, Bengaluru

Prestige Estates Launches ₹1,100 Crore Garden Breeze Project in Sarjapur, Bengaluru

Prestige Estates Projects Limited has announced the launch of Garden Breeze – The Prestige City in Sarjapur, Bengaluru, adding a new residential development to its portfolio in one of the city’s key growth corridors.

The project is spread across 10 acres within The Prestige City, Sarjapur, and comprises 655 premium residential apartments. Prestige Estates has estimated the project’s Gross Development Value (GDV) at around ₹1,100 crore.

Garden Breeze Project Details

According to the company, Garden Breeze will comprise four residential towers with configurations of Ground + 30/22 floors, along with two basements.

The project will offer 2-bedroom and 3-bedroom homes, with saleable areas ranging from approximately 1,081 sq ft to 1,789 sq ft.

The development has an overall saleable area of approximately 0.93 million sq ft.

Key Project Highlights

  • Project: Garden Breeze – The Prestige City
  • Location: Sarjapur, Bengaluru
  • Land Area: 10 acres
  • Number of Apartments: 655
  • Configuration: 2-Bedroom and 3-Bedroom homes
  • Saleable Area: 1,081 sq ft to 1,789 sq ft
  • Total Saleable Area: Approximately 0.93 million sq ft
  • Estimated GDV: ₹1,100 crore
  • Buildings: 4 towers
  • Developer: Prestige Estates Projects Limited

Prestige Group Highlights Bengaluru Growth Potential

Commenting on the launch, Irfan Razack, Chairman and Managing Director, Prestige Group, said Bengaluru continues to be an important market for the group, supported by demand across established and emerging residential corridors.

He said Garden Breeze at The Prestige City, Sarjapur builds on the success of the group’s integrated township and expands its residential offering in the Sarjapur growth corridor.

Prestige Estates’ Project Pipeline

Prestige Group said that, as of June 2026, it had delivered 319 projects covering 216 million sq ft.

The company currently has a pipeline of 137 projects covering 229 million sq ft, spanning residential, commercial, retail, hospitality and integrated township developments.

The Garden Breeze launch therefore adds another sizable residential development to the company’s Bengaluru portfolio.

Why This Matters for Prestige Estates

The ₹1,100 crore estimated GDV provides a measurable addition to Prestige Estates’ development pipeline. The project also strengthens the company’s presence in Sarjapur, an important residential corridor in Bengaluru.

For investors, the key figures to track from the announcement are the 10-acre development, 655 apartments, 0.93 million sq ft saleable area and ₹1,100 crore estimated GDV.

The actual financial contribution to Prestige Estates will depend on project execution, sales velocity, collections, construction costs and the timing of revenue recognition.

Prestige Estates Share

Prestige Estates Projects Limited is listed on the NSE under the symbol PRESTIGE and on BSE under 533274.

The Garden Breeze launch is a company-specific development update and should be assessed alongside Prestige Estates’ broader sales bookings, project launches, cash flows, debt levels, execution pipeline and future business updates.

Disclaimer

This article is based on information disclosed by Prestige Estates Projects Limited. The project GDV mentioned above is the company’s estimated Gross Development Value and should not be interpreted as guaranteed revenue or profit. This article is for informational purposes only and is not investment advice.