Prestige Estates Projects Ltd (PRESTIGE) — Announcement | 25 September 2026 (2 announcements)

Prestige Estates Projects Limited announced the launch of Prestige Parklane, an 11.91-acre residential development in Bengaluru's Devanahalli micro-market featuring 1,788 homes and approximately ₹1,750 crore gross development value. The project includes nine towers with 1-3 bed configurations, 1.7 million sq. ft. saleable area, and 4 acres of central landscaped greens integrated with a 30,000 sq. ft. clubhouse offering extensive amenities. Located near Satellite Town Ring Road, the development targets homebuyers seeking quality residences in North Bengaluru's emerging growth corridor.

Prestige Estates Projects Limited disclosed on September 25, 2026 that it issued a corporate guarantee to secure a loan up to INR. 750 Crores availed by its subsidiary Prestige Falcon Mumbai Realty Private Limited. The guarantee was provided on an arm’s length basis and does not currently impact the Company’s financial position. This regulatory filing complies with SEBI Listing Obligations and Disclosure Requirements.