NSEPress Release2d ago · 28 Aug 2026, 03:51 pm
Press Release
Prestige Estates Projects Limited · PRESTIGE
✦ AI Summary▲ PositiveExpansion
Prestige Estates Projects Limited has announced the launch of Prestige Palm Court, a new residential development in Madhavaram, North Chennai, with 910 premium apartments across 7.98 acres of land.
Analysis Scores
Earnings Impact2/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact6/10
Market Sentiment8/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Prestige Estates Projects Limited has informed the Exchange regarding a press release dated August 28, 2026, titled "Prestige launches Prestige Palm Court in Madhavaram, North Chennai".
Attachments (1)
📄pdf
Download →
PRESTIGE_28082026155025_Intimation28082026.pdf
View document text
Date: August 28, 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: Press Release titled “Prestige launches Prestige Palm Court in Madhavaram, North
Chennai”
Please find enclosed, a copy of the Press Release titled “Prestige launches Prestige Palm Court
in Madhavaram, North Chennai”.
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 PRESTIGE PALM COURT IN MADHAVARAM, NORTH
CHENNAI
Prestige Estates is delighted to announce the launch of a new residential development in
Madhavaram, North Chennai named Prestige Palm Court.
This development is spread across 7.98 Acres of land at Madhavaram on GNT (Grand
Northern Trunk Road) with 5 towers of Ground + 22 Floors and 2 basements, comprising of
910 premium apartments. These apartments come in various configurations of 1, 2 & 3
Bedroom Home Options starting from saleable areas of 641 sq ft onwards up to 1827 sq ft. The
overall development is approximately 1.38 mn sq ft of saleable area, with an estimated Gross
Development Value of Rs. 1330 Crore.
This is part of Prestige Group’s expansion plans in Chennai region, where it intends to launch
3 to 4 residential developments in this financial year.
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 June 2026, the Group has delivered 319 projects spanning 216.37 million sq. ft.
and currently has a pipeline of 139 projects across 247.16 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