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Bengaluru-based Prestige Group, a real estate giant, is planning to transform urban landscapes across Delhi-NCR, Bengaluru, Hyderabad, Chennai, Mumbai, and Goa. With a Bengaluru trial project, they are also targeting elder living.

The Real Estate Regulatory Authority of Delhi has made it mandatory for developers to register their ventures, even if the property will be leased and not sold.

According to Delhi real estate market reports, several developers are avoiding registering their projects with the Real Estate Regulatory Authority (RERA) despite the necessity to do so whenever the developed area surpasses 500 square mtrs, regardless of the number of flats constructed on the plot.