Prestige Estates' Expansion: Launching 620-Unit 'Mayflower' Project in Ghaziabad with a Target Revenue of Rs 2,200 Crore
Bengaluru's Prestige Estates Projects Ltd has taken the next big step by launching the second phase in Indirapuram, Ghaziabad. The new project, called Mayflower, adds 620 residential units into a market ready to see huge revenue up to Rs 2,200 crore of gross development value (GDV).
Stretching over 62.5 acres, The Prestige City township sits conveniently along NH-24, attracting high-net-worth buyers seeking top-notch living. Prestige started its Delhi-NCR journey in April 2025, with Oakwood and Mulberry in the first phase, 3,421 units sold fast, creating over Rs 9,000 crore in potential sales revenue. Once nearly everything sold out, we saw the debut of Mayflower.
Key Aspects and Offerings of Mayflower
Mayflower covers about 1.94 million square feet and offers options like 3BHK, 4BHK, and 6BHK apartments, penthouses, and duplexes. Space ranges from 2,246 to 5,591 sq. ft., priced at roughly Rs 15.14K per sq.ft. Ownership will start in November 2029, confirmed by RERA ID UPRERAPRJ430385/07/2025.
Key benefits:
- Beautiful views of a large open space and a 2-acre garden at the township entrance.
- Fully integrated community amenities for luxury and ease.
- Close to schools and healthcare centres, soon-to-open Jindal Opus mall.
Located in Siddharth Vihar, it promises a family-friendly atmosphere despite some local road challenges that could get better with improved infrastructure.
Prestige's Success in NCR
This launch builds on Prestige's significant achievements in NCR. The first phase sold for Rs 8,300 crore in sales and collected Rs 1,500 crore within months, according to Chairman Irfan Razack. Overall, H1 FY26 sales reached a record Rs 18,143.7 crore, up 157% year-on-year, with 6,788 units covering 13.96 million sq.ft.
Prestige presents 307 completed projects (199 million sq.ft.) and a pipeline of 200 million sq.ft. Q2 FY26 alone saw the launch of 3.87 million sq.ft. worth Rs 3,966.9 crore.
Ghaziabad Meets Buyer Expectation
The rise of Ghaziabad drives this surge in interest. Quick connections to Delhi via NH-24 and the increasing demand for high-end properties make Mayflower attractive. Investors see this sector growing rapidly, aiming for more success for Prestige among strong market demand.
Prospective homeowners get a chance here at upscale homes within a self-contained township. Prestige’s proven record hints at on-time delivery and value.