Prestige Group, one of India's leading and most trusted real estate developers, has announced the launch of its latest residential development - Prestige Garden Trails - located in the fast-growing Dahisar-Mira Road corridor at Western Express Highway in Mumbai.
Spanning across 5.2 acres, the project offers a total carpet area of approximately 1 million sq. ft., comprising 1,324 residential units designed to meet the evolving aspirations of homebuyers. With a Gross Development Value (GDV) of approximately ₹2,000 crore, Prestige Garden Trails represents the Group's continued commitment to delivering high-quality homes that blend functionality, design, and affordability.
Strategically positioned at the confluence of Dahisar and Mira Road just two minutes walk from the upcoming Metro station, the development enjoys excellent connectivity to major employment hubs through the Western Express Highway, Metro Line 9, and upcoming infrastructure upgrades. The project is set around a well-planned urban ecosystem with access to schools, hospitals, retail, and social infrastructure, offering residents a complete lifestyle experience.
Prestige Garden Trails features thoughtfully crafted 1, 2, and 3-bedroom apartments, complemented by a range of modern amenities including landscaped gardens, a clubhouse, swimming pool, children's play zones, fitness facilities, and multipurpose courts - all designed to promote community living and wellbeing.
Commenting on the launch, Mr. Irfan Razack, Chairman and Managing Director, Prestige Group, said: "Mumbai continues to be one of our key focus markets, and Prestige Garden Trailsreflects our confidence in its strong and enduring demand for quality mid-segment housing. We've built a strong brand reputation in Mumbai through our luxury and uber-luxury developments, establishing deep trust and recall among customers. With The Prestige City Mulund, our flagship integrated township in the eastern suburbs, we've successfully extended that credibility to a wider audience. Building on this momentum, we now aim to leverage our brand equity to drive greater scale and speed in the suburban markets, translating goodwill into both velocity and volume."
Prestige Group has significantly strengthened its footprint in Mumbai over the past few years, with a diverse portfolio spanning luxury, mid-segment, and commercial developments. The launch of Prestige Garden Trails further reinforces the Group's long-term commitment to expanding its presence in India's financial capital and delivering homes that elevate urban living.
Shares of Prestige Estates Projects Limited was last trading in BSE at Rs. 1613.95 as compared to the previous close of Rs. 1622.35. The total number of shares traded during the day was 20337 in over 2532 trades.
The stock hit an intraday high of Rs. 1634.50 and intraday low of 1603.25. The net turnover during the day was Rs. 32903993.00.