Prestige Estates Projects share price rose in the early trade on September 26 after the Prestige Group launched residential project in Whitefield - Prestige Pine Forest in Bengaluru.
At 09:25am, Prestige Estates Projects shares on BSE were quoting at Rs 1,866.10 apiece, up Rs 26.05, or 1.42 percent.
The development is spread across 9 acres of land with Rs 1,100 crore sales potential.
“We are delighted to unveil Prestige Group’s latest architectural marvel that exemplifies our commitment to luxury, comfort, and convenience. This project redefines the benchmark for quality and craftsmanship and is a testament to our relentless commitment to delivering experiences,” said Praveer Shrivastava, Sr. Executive VP- Residential, Prestige Group.
"Boasting a prime location, cutting-edge design, and an array of topnotch amenities, Prestige Pine Forest is poised to establish itself as the most coveted residential community in Bangalore,” he added.
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Recently, the group launched Prestige Raintree Park, located in prime Whitefield with revenue potential of Rs 5,000 crore, which spread across 21 acres of land overlooking the scenic Varthur Lake.
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