The acquired land parcel offers a development potential of approximately 5 million square feet, with an estimated top-line revenue potential of over ₹5,000 crore. The site is proposed to be developed into a large-format project in line with the group’s focus on scale and planning efficiency. Shares of Prestige Estates Projects Limited ended at ₹1,607.80, down by ₹1.00, or 16.30%, on the BSE.
