Mumbai, Jan. 8 -- The land parcel is strategically located near Anna Nagar, one of Chennai's most established and prime residential micro-markets, known for its strong social infrastructure, excellent connectivity, and mature residential character.

The acquisition aligns with Prestige Group's strategy to strengthen its presence in high-quality urban locations while maintaining a disciplined approach to capital allocation.

Prestige Group said it continues to evaluate well-located land acquisition opportunities across key markets to support its future residential and mixed-use development pipeline.

Prestige Group is a diversified real estate developers, with a portfolio spanning residential, commercial, retail, hospitality, and integrate...