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General Updates

Prestige Estates Projects Limited · PRESTIGE

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Prestige Estates Projects Limited has launched Phase 2 of Prestige Forest Hills at The Prestige City, Mulund in Mumbai, comprising 500 premium residences with an estimated Gross Development Value (GDV) of approximately ₹2,200 crore.

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Earnings Impact2/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact6/10
Market Sentiment8/10

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Full Announcement

Prestige Estates Projects Limited has informed the Exchange that the Company through its Wholly Owned Subsidiary, has launched Phase 2 of Prestige Forest Hills at The Prestige City, Mulund in Mumbai.

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PRESTIGE_30062026180600_Intimation30062026.pdf

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Date: June 30, 2026 The General Manager The Manager Dept. of Corporate Services Dept. of Corporate Services National Stock Exchange of India Limited BSE Limited Bandra Kurla Complex, Bandra (E) Floor 25, P J Towers Mumbai – 400 051 Dalal Street, Mumbai – 400 001 NSE Symbol: PRESTIGE BSE Scrip code: 533274 Dear Sir / Madam, Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 In terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that the Company through its Wholly Owned Subsidiary, has launched “Phase 2 of Prestige Forest Hills at The Prestige City, Mulund” in Mumbai. The brief details regarding the project is enclosed herewith. This is for your information and records. Yours faithfully, For Prestige Estates Projects Limited Manoj Krishna J V Company Secretary & Compliance Officer Enclosed: As above Prestige Estates Projects Limited, Prestige Falcon Towers, No 19 Brunton Road, Bangalore – 560 025. Phone: +91 80 25591080 E-mail: investors@prestigeconstructions.com Website: www.prestigeconstructions.com CIN: L07010KA1997PLC022322 PRESTIGE LAUNCHES PHASE 2 OF PRESTIGE FOREST HILLS AT THE PRESTIGE CITY, MULUND Prestige Estates is delighted to announce the launch of Phase 2 of Prestige Forest Hills, comprising Towers C (in part) & Tower D, at The Prestige City, Mulund, Mumbai. Nestled at the foothills of Yogi Hills in Mulund West, Prestige Forest Hills offers an exceptional blend of nature and urban connectivity. The development enjoys serene forest views while being strategically located with seamless access to key business districts, social infrastructure, and major transport corridors across Mumbai. Phase 2 comprises 500 premium residences, offering spacious 3 and 4-bedroom residences with expansive decks. Apartment sizes range from 946 sq. ft. to 2,643 sq. ft. of RERA carpet area, with ticket sizes starting from approximately ₹2.73 crore. The launch spans a total developable area of approximately 1.7 million sq. ft. with an estimated Gross Development Value (GDV) of approximately ₹2,200 crore. Prestige Forest Hills forms part of the landmark The Prestige City, Mulund, a large integrated township spread across approximately 32 acres, featuring premium residential developments, proposed retail, commercial, educational, healthcare, and social infrastructure. The Company had launched Phase 1 of Prestige Forest Hills, comprising Towers A & B, in August 2024. Prestige Forest Hills is spread across approximately 6.5 acres and comprises four high-rise towers complemented by an expansive podium featuring over 50 lifestyle amenities, thoughtfully curated to offer a holistic living experience amidst lush green surroundings. About Prestige Group: Prestige Group is one of India's most respected and diversified real estate developers, with a legacy spanning four decades and a portfolio that includes residential, commercial, retail, hospitality, and integrated township projects across major cities. As of March 2026, the Group has delivered 316 projects spanning 212 million sq. ft. and currently has a pipeline of 135 projects across 227 million sq. ft. Prestige Estates Projects Limited, Prestige Falcon Towers, No 19 Brunton Road, Bangalore – 560 025. Phone: +91 80 25591080 E-mail: investors@prestigeconstructions.com Website: www.prestigeconstructions.com CIN: L07010KA1997PLC022322