Sunday, December 22, 2024

Prestige Group’s Ocean Towers: Setting Records in South Mumbai Luxury Market

Prestige Group has made a notable mark in South Mumbai’s ultra-luxury sector with the impressive pre-launch sales of Prestige Ocean Towers. Situated in Marine Lines, the development boasts stunning views of the Queen’s necklace and the Arabian Sea, offering 169 exclusive residences spread across two towers within a lush 2-acre enclave.

Despite awaiting the official opening of the experience center and show apartment, Prestige Ocean Towers has already achieved remarkable sales figures. With over 70% of the pre-launched residences sold, amounting to an impressive Rs 1,300 crore, the project demonstrates significant demand and investor confidence.

Designed by renowned architects Norman Foster and Hafeez Contractor, in collaboration with HBA London, Prestige Ocean Towers promises unparalleled luxury, exquisite finishes, and state-of-the-art amenities tailored to satisfy the most discerning tastes.

Irfan Razack, CMD of Prestige Group, expressed gratitude for the overwhelming response, affirming Prestige Ocean Towers’ status as an iconic luxury development. He also hinted at the possibility of launching the remaining inventory sooner than anticipated, driven by the overwhelming demand.

Tariq Ahmed, CEO of Prestige Group’s West division, described Prestige Ocean Towers as a symbol of elegance and luxury, adding to Mumbai’s legacy of excellence in real estate. The rapid expansion in Mumbai, with sales exceeding Rs 6,000 crore across various prestigious projects, signifies the company’s commitment to delivering exceptional living experiences.

Looking ahead, Prestige Group plans to augment its residential portfolio in Mumbai, alongside its existing commercial ventures in prime locations like BKC and Mahalaxmi. In just two years since its entry into Mumbai’s real estate market, Prestige Group has not only made a significant impact but also set new benchmarks for luxury living, solidifying its position as a leading developer in the region.

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