Gurugram’s Real Estate Story Gets Another Big Push: Prestige Group Enters With a ₹5,600 Crore Development

Prestige Group has expanded its presence in Gurugram with a new 17.14-acre residential development in Sector 109, located near the Dwarka Expressway.

The Bengaluru-based developer has entered into a joint development agreement (JDA) for the land parcel. The proposed project is expected to have approximately 2.8 million sq ft of saleable area and an estimated Gross Development Value (GDV) of ₹5,600 crore.

The announcement strengthens Prestige Group's growing presence in the NCR residential market and adds another large project to its Gurugram pipeline.

Prestige Group Gurugram Project: Key Details

Why Sector 109 Matters

Sector 109 is positioned along the Dwarka Expressway corridor, providing connectivity between Gurugram and Delhi and access to residential, commercial and social infrastructure.

The location is also part of the wider development activity around the Dwarka Expressway, where several major residential and commercial projects are being developed.

For Prestige Group, the location provides an opportunity to establish a sizeable residential project within one of Gurugram's important emerging corridors.

₹5,600 Crore Is the Project's Estimated GDV

One important point for buyers is that ₹5,600 crore is the estimated Gross Development Value, not the amount Prestige Group has paid for the land.

The company has entered into a JDA with the landowner, and the project is expected to generate an estimated GDV of approximately ₹5,600 crore from around 2.8 million sq ft of saleable area.

The final pricing, apartment configurations and project specifications have not yet been officially announced.

Prestige Group Expands Its NCR Presence

The Sector 109 development is part of Prestige Group's broader expansion across the National Capital Region.

The company had already entered Gurugram through another development arrangement in Sector 92, involving approximately 17.2 acres and an estimated GDV of around ₹4,200 crore.

Prestige is also developing projects in other NCR locations, including Ghaziabad, while planning further residential expansion in Noida.

As of June 2026, Prestige Group reported 319 delivered projects covering 216 million sq ft, with a pipeline of 137 projects spanning 229 million sq ft.

What Does This Mean for Gurugram Real Estate?

Prestige Group's entry adds another large national developer to Gurugram's competitive residential market.

The project also highlights the continuing importance of the Dwarka Expressway corridor, where developers are pursuing large residential developments supported by improving connectivity and expanding social infrastructure.

For buyers, the new development could eventually add another premium residential option in Sector 109. However, details such as the official project name, unit sizes, pricing, amenities and possession timeline will need to be confirmed after the formal launch and regulatory approvals.

What Buyers Should Watch Next

Before considering the project, prospective buyers should wait for:

• Official project launch

• RERA registration

• Final master plan

• Apartment configurations

• Official price list

• Payment plan

• Amenities

• Construction timeline

• Possession schedule

Until these details are officially released, buyers should avoid relying on unofficial pricing or configuration information.

Conclusion

Prestige Group's 17.14-acre Sector 109 development with an estimated ₹5,600 crore GDV marks another significant addition to Gurugram's growing residential pipeline.

With approximately 2.8 million sq ft of saleable area and access to the Dwarka Expressway, the project adds further development activity to one of Gurugram's key growth corridors.

The development also strengthens Prestige Group's expanding NCR strategy, following its earlier Gurugram entry and projects across other NCR markets.

For buyers and investors, the next major milestones will be the project's official launch, RERA registration, pricing and detailed configuration.

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FAQ

1. What is the Prestige Group ₹5,600 crore Gurugram project?

It is a proposed residential development by Prestige Group on approximately 17.14 acres in Sector 109, Gurugram.

2. What is the estimated value of the project?

The project has an estimated GDV of approximately ₹5,600 crore.

3. How large is the project?

The development covers approximately 17.14 acres and is expected to have around 2.8 million sq ft of saleable area.

4. Where is the project located?

The project is located in Sector 109, Gurugram, near the Dwarka Expressway.

5. Is ₹5,600 crore the land acquisition cost?

No. ₹5,600 crore represents the project's estimated Gross Development Value, not the land acquisition cost.

6. Has the project price been announced?

No official pricing or apartment configuration has been announced yet.

7. Is this Prestige Group's first Gurugram project?

No. Prestige Group had previously entered Gurugram through a development arrangement in Sector 92.

8. When will the project launch?

An official launch date has not yet been announced.