Prestige Group, one of India’s leading real estate developers, has acquired a 25-acre land parcel in Medavakkam, Chennai, marking a key milestone in its expansion strategy.

The land offers significant development potential, with an estimated five million sq. ft. of space and the potential for over Rs 5,000 crore in revenue. The project will be developed in line with the Group’s focus on large-scale, efficient designs and high-quality execution. Medavakkam, a rapidly developing residential area, benefits from its proximity to the OMR IT corridor, improved road infrastructure, and upcoming Metro connectivity, making it a promising location for residential developments.

The area’s accessibility, affordability, and growing social infrastructure are expected to drive sustained demand for housing. Prestige Group plans to adhere to its high standards for design, quality, and timely delivery, with more details about the project to be shared in the future.