Prestige Launches Forest Hills Phase 2 With 2,200 Cr GDV

Synopsis: Prestige Estates launches Phase 2 of Prestige Forest Hills in Mumbai’s Mulund, featuring 500 premium residences with a gross development value of ₹2,200 crore, reinforcing its luxury housing portfolio.

Prestige Estates Projects Ltd. has rolled out Phase 2 of its premium residential development, Prestige Forest Hills, at The Prestige City in Mulund, Mumbai. This new phase comes with an estimated gross development value (GDV) around ₹2,200 crore, and it really boosts the developer presence in Mumbai’s high end living segment.

The second phase, well it includes Towers C (partially) and D, adding roughly 500 premium residences into the integrated township. It is spread across almost 1.7 million square feet of developable area, and the whole thing is intended to deliver roomy three and four-bedroom apartments for the rising demand for premium city living. The apartment sizes hover from about 946 square feet up to 2,643 square feet of RERA carpet area, while prices start around ₹2.73 crore.

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Prestige Forest Hills is somehow part of The Prestige City, it is a 32-acre integrated township set near the foothills of Yogi Hills in Mulund West. The master planned development mixes homes with landscaped open spaces, lifestyle facilities, and recreational amenities, so it feels like a fully rounded living environment for all residents.

The project gets a lot from Mulund’s strategic placement, it’s kind of central enough so you have connectivity to the Eastern Express Highway, the main business districts, and several big commercial centres throughout Mumbai. And also there are ongoing infrastructure upgrades, like road works and metro projects, which are expected to make access even easier, and in the same time make the locality more attractive… you know, to homebuyers, as well as investors too.

Prestige Estates keeps expanding its footprint in Mumbai, as part of a bigger national growth plan. The firm has been quite busy unveiling high end residential projects across key urban hubs , while still staying very present in Bengaluru, Hyderabad, Chennai, and the National Capital Region too. This latest launch shows a kind of certainty about steady demand for branded luxury homes even as the market conditions keep shifting a bit. Overall it’s like they are mapping growth slowly but surely, with a focus on premium living.

The Mumbai residential market has seen a steady lift in demand for big format homes that come with modern conveniences, integrated townships, and places that are well connected, like really. Developers are now, leaning more toward projects that try to build lifestyle driven communities, with green areas here and there, plus strong quality infrastructure, to match how buyers preferences have been evolving.

Prestige Forest Hills somehow brings together a broad kind of lifestyle amenities, landscaped gardens, fitness and wellness facilities, plus community spaces meant to encourage a smoother day to day residential experience. The whole project is positioned to draw in both end-users who are looking for premium homes and investors who are focused on long-term value appreciation, inside Mumbai’s well-established residential corridors.

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The launch comes after Prestige Estates’ ongoing growth through a few different cities and it kind of also underscores its plan to craft large integrated neighborhoods with solid income potential. The firm has kept a pretty active release pipeline, supported by encouraging interest across its living projects, so everything feels rather steady for now.

With Phase 2 of Prestige Forest Hills, Prestige Estates tries to strengthen its stand within Mumbai’s high end housing slice while also feeding into the city’s changing residential map. It’s about keeping that steady momentum in luxury real estate, where buyers still lean toward larger homes, better connectivity, and a more woven into city lifestyle, sort of integrated urban living.