Project Overview

Bengaluru-based Prestige Group, one of India’s leading real estate developers, secured a ₹2,001 crore (approximately $240 million) investment from the Abu Dhabi Investment Authority (ADIA) and Kotak AIF in 2024. This significant capital raise will fund an ambitious portfolio of greenfield residential projects across four major Indian cities: Bengaluru, Mumbai, Goa and NCR.

The projects have a combined Gross Development Value exceeding ₹18,000 crore, making this one of India’s most significant residential development initiatives. Prestige Group’s expansion across these four strategic markets significantly scales its residential portfolio and reinforces its position as a pan-India developer.
This partnership combines Prestige Group’s development expertise with ADIA’s global investment capabilities, creating a powerful alliance for residential real estate development in India’s most dynamic markets.

Akeen Management’s Contribution

Our team facilitated this partnership with an investment advisory and real estate strategy focus. We provided holistic insights on the four target cities, helping to identify optimal development opportunities. Our consultancy structured the investment proposition and facilitated negotiations between involved parties. We also provided strategic guidance on portfolio allocation across the four cities to maximise returns and manage development timelines effectively.