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For ₹450 crore, Prestige Group purchased 21 acres in Whitefield, Bengaluru. With plans for about 1,800 flats, the purchased site will be developed for residential use. It will total about four million square feet of developable space.
Prestige Group Chairman and Managing Director Irfan Razack said, “This large-format project spans over four million square feet of developable area, with a projected gross development value (GDV) of ₹4,500 crore.”
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