Prestige Estates Unveils ₹5,000 Crore Evergreen Project in Bengaluru

Prestige Estates Projects Ltd. has launched Evergreen at Prestige Raintree Park, a ₹5,000 Crore GDV premium residential project in Whitefield, Bengaluru. The project spans approximately 24 acres and features around 2,000 apartments with a saleable area of 3.2 million square feet. Offering one, two, three, and four-bedroom residences, the apartments start at approximately ₹92 lakhs.

New Premium Residential Project

Prestige Estates Projects Limited announced the launch of Evergreen at Prestige Raintree Park in Whitefield, Bengaluru on January 14, 2026. This development marks a significant addition to the company’s portfolio of premium residential offerings.

Project Details

Evergreen at Prestige Raintree Park is planned on approximately 24 acres of land, comprising around 2,000 apartments, with a total saleable area of 3.2 million square feet. The development boasts a Gross Development Value (GDV) of approximately ₹5,000 crores. The apartments are priced starting from approximately ₹92 lakhs onwards.

Residential Options

The project offers a mix of one, two, three, and four-bedroom residences, catering to diverse urban living preferences.

Strategic Location

Located in Whitefield, Bengaluru, the project benefits from the area’s established IT hubs, robust social infrastructure, and enhanced connectivity, making it an attractive destination for both homebuyers and investors.

Executive Commentary

Mr. Irfan Razack, Chairman and Managing Director of Prestige Estates Projects Limited, commented that Evergreen at Prestige Raintree Park builds upon the positive response received from the earlier launch of Prestige Raintree Park. He highlighted that the expansion of the product mix to include a broader range of apartment configurations addresses evolving customer preferences in Whitefield.

About Prestige Group

Prestige Group has delivered 310 projects spanning 202 mn sft and currently has a pipeline of 130 projects across 199 mn sft.

Source: BSE

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