Prestige Group launches Prestige Courtyards in Chennai
Chennai is going to be a key focus market for the Prestige Group over the next couple of years as they see tremendous potential there. In addition, the Prestige Group is gearing up for a pan-India presence in the near future. They are exploring new cities and hope to be in the West and North by the end of 2018. They are also in the process of developing an IT Park in Pune and an office building in Gift City.
This launch complements Prestige Group’s strong southern corridor strategy, which includes the existing luxury residential villa development Prestige Silver Springs, that has villas designed, built and fitted out to blend perfectly with an affluent lifestyle.
Irfan Razack – CMD, Prestige Group said, “We are delighted to launch Prestige Courtyards, a luxurious and ambitious offering from Prestige where we have invested in extensive master planning and careful detailing with the help of experts, to bring to Chennai this experience of a self-sustained development. Prestige Courtyards provides the best of amenities and facilities and is a result of our vision to provide a holistic living experience that improves the overall quality of life.”
He added, “With one of the most promising and active real estate markets in South India, Chennai realty witnesses demand from both end-users and investors. Job opportunities have further contributed to making the city favourable among prospective buyers. Chennai is predominantly a price sensitive market with end-users looking for affordable homes here. With such a strong market, it was a natural choice for us to launch Prestige Courtyards here. The launch of this development further reinforces our continued focus on creating a large residential portfolio with a strong focus on the IT corridor of Chennai.”