Prestige Estates Enters ₹9,000 Crore Versova Project Through Joint Venture

Prestige Estates Projects Limited has entered Mumbai’s Versova micro-market through a joint venture with ABIL Group, targeting a residential project with an estimated gross development value of over Rupees 9,000 crore. The 6-acre land parcel offers development potential of around 1.7 million square feet. The move aligns with Prestige’s strategy to expand in high-demand urban markets.