Bengaluru, May 8 -- Prestige Group, one of the fastest growing real estate firms, has entered the National Capital Region (NCR) residential property market as it looks to broaden its presence across geographies.

The Bengaluru developer has launched the first phase of 'The Prestige City' - a 62.5 acre, mixed-use township in Ghaziabad's Indirapuram Extension.

The project, which will have a total gross development value (GDV) of Rs.12,000 crore, is Prestige's biggest launch this year.

The real estate firm said it had already sold around 1,200 units for around Rs.3,000 crore within a week of launching the project.

The Delhi-NCR property market is not entirely new for the Prestige Group. It is currently developing a mixed-use project at De...