NSEGeneral Updates18 Jun 2026 · 18 Jun 2026, 10:31 am

General Updates

Prestige Estates Projects Limited · PRESTIGE

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Prestige Estates Projects Limited has launched the second phase of its plotted development project, Prestige Gardenia Estates, in Devanahalli, Bangalore. The project spans 21 acres and comprises 195 plots with a revenue potential of almost Rs. 400 Crores.

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Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment8/10

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PRESTIGE: Prestige Estates Projects Limited has informed the Exchange about launch of plotted development project "Prestige Gardenia Estates - Phase 2" in Devanahalli, Bangalore.

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PRESTIGE_18062026102923_Intimation18062026.pdf

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Date: June 18, 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 has launched a plotted development project “Prestige Gardenia Estates – Phase 2” in Devanahalli, Bangalore. 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 ITS BEST-SELLING PLOTTED DEVELOPMENT IN NORTH BENGALURU - PRESTIGE GARDENIA ESTATES Prestige Estates is delighted to announce the launch of the next phase of its best-selling plotted development Prestige Gardenia Estates in Devanahalli, North Bengaluru. Being in the North Bangalore corridor, it is within minutes of Kempegowda International Airport, NH 44, the Satellite Town Ring Road, major IT parks, schools, hospitals, and retail destinations. Spread over approx. 21 acres of meticulously planned, infrastructure-ready land, this enclave offers wide, tree-lined corridors, modern utilities and curated green zones—creating a sustainable, nature-centric community where every plot enjoys an elegant balance of open space and contemporary comfort. The project comprises of 195 plots and has a total development area of just under 0.5 mn sft with a revenue potential of almost Rs. 400 Crores. The property together with the Phase-1, boasts world-class leisure amenities, including a state-of-the-art clubhouse, jogging and walking tracks, multipurpose and pickleball courts, an outdoor gym, yoga lawn, reflexology path, flower and Zen gardens, a children’s play area with tree house, skating rink and climbing wall, sunken seating pockets, a dedicated pet park, etc., amongst other bespoke facilities. Launched to immediate acclaim, Prestige Gardenia Estates has been exceptionally well- received and has sold out at launch, underscoring the strong demand for sustainable, well- connected living in North Bengaluru. About Prestige Group: The Prestige Group is one of India’s most respected and diversified real estate developers, with a legacy spanning nearly 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 sqft and currently has a pipeline of 135 projects across 227 million sqft. 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