Real estate developer Prestige Estates Projects (NSE:PRESTIGE, BOM:533274) has launched a new plotted residential development project named "Prestige Gardenia Estates in Bangalore, India, according to a Tuesday filing to the Indian stock exchanges.
The project includes 516 plots with a total development area of over 1 million square feet and a revenue potential of over 8 billion Indian rupees.
The company claimed that the project was sold out at launch.
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