Prestige Estates Projects gains on launching phase 2 of Prestige Forest Hills in Mulund
Prestige Estates Projects is currently trading at Rs. 1588.00, up by 24.50 points or 1.57% from its previous closing of Rs. 1563.50 on the BSE.
The scrip opened at Rs. 1587.95 and has touched a high and low of Rs. 1597.40 and Rs. 1564.90 respectively. So far 446563 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1812.40 on 22-Jul-2025 and a 52 week low of Rs. 1090.45 on 02-Apr-2026.
Last one week high and low of the scrip stood at Rs. 1,597.40 and Rs. 1,524.95 respectively. The current market cap of the company is Rs. 68684.24 crore.
The promoters holding in the company stood at 60.94%, while Institutions and Non-Institutions held 36.79% and 2.27% respectively.
Prestige Estates Projects has launched Phase 2 of Prestige Forest Hills, comprising Towers C (in part) & Tower D, at The Prestige City, Mulund, Mumbai. Nestled at the foothills of Yogi Hills in Mulund West, Prestige Forest Hills offers an exceptional blend of nature and urban connectivity.
Phase 2 comprises 500 premium residences, offering spacious 3 and 4-bedroom residences with expansive decks. Apartment sizes range from 946 sq. ft. to 2,643 sq. ft. of RERA carpet area, with ticket sizes starting from around Rs 2.73 crore. The launch spans a total developable area of around 1.7 million sq. ft. with an estimated Gross Development Value (GDV) of around Rs 2,200 crore.
Prestige Forest Hills forms part of the landmark The Prestige City, Mulund, a large integrated township spread across around 32 acres, featuring premium residential developments, proposed retail, commercial, educational, healthcare, and social infrastructure. The Company had launched Phase 1 of Prestige Forest Hills, comprising Towers A & B, in August 2024.
