Prestige Estates Launches Prestlife Glenbrook - New Highrise Project in Whitefield, Bangalore
- 26th Nov 2023
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Prestige Estates has recently announced the launch of a new highrise residential project, positioned in the core of Whitefield, a prominent IT hub in Bangalore. The project, named Prestife Glenbrook, boasts a revenue potential of Rs 550 crore. This news was revealed in a regulatory filing by the listed real estate firm on 24th November 2023.
Prestife Glenbrook, situated merely five minutes away from the Nallurahalli metro station, offers a convenient location close to major commercial centers, shopping complexes, and entertainment venues. The project encompasses two high-rise towers housing a total of 285 apartments, spread over a developable area of 0.7 million square feet.
This newly launched project will feature a variety of apartments including 2, 3, and 4 BHKs, all set within a 4.5-acre site. In addition to its strategic location, Prestife Glenbrook aims to become a significant landmark development by incorporating premium specifications and amenities such as a contemporary clubhouse and outdoor facilities.
In other developments, Prestige Estates had, on November 9, announced the launch of their largest township project in Hyderabad, named The Prestige City. This development is expected to generate sales of more than Rs 8,000 crore.
The project will comprise apartments and villas spanning a total development area of 10.5 million square feet, with apartments covering about 9.7 million square feet and retail mall space extending over 1 lakh square feet. The pricing for these apartments is set to start at Rs 79 lakh, going up to over Rs 2.5 crore for the 4 BHK units.
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