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Prestige Launches Evergreen at Raintree Park, Bengaluru, a ₹5,000 Crore GDV Project
Prestige Estates Projects Limited
January 14, 2026, 04:50 PM
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Prestige Estates Projects Limited has announced the launch of Evergreen at Prestige Raintree Park, a new premium residential development in Whitefield, Bengaluru. This project is planned on approximately 24 acres and will comprise around 2,000 apartments with a total saleable area of 3.2 million square feet.
The development offers a mix of one, two, three, and four-bedroom residences, with prices starting from approximately ₹92 lakhs. The estimated Gross Development Value (GDV) for Evergreen at Prestige Raintree Park is about ₹5,000 crores.
This launch follows the successful introduction of Prestige Raintree Park in September 2024. Evergreen expands the offering by including smaller-format homes to cater to a broader customer base while maintaining the premium living experience. Whitefield is highlighted as a sought-after residential micro-market due to its IT hubs, social infrastructure, and connectivity.
Mr. Irfan Razack, Chairman and Managing Director of Prestige Estates Projects Limited, stated that Evergreen builds on the positive response to the earlier Prestige Raintree Park. He emphasized the expanded product mix, strategic location, and strong connectivity to key office hubs and social infrastructure, positioning the project for healthy demand.
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