Prestige Estates Projects Limited — Capital/Financing Update 2024

Sep 25, 2024

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Date : September 25, 2024

To,

The General Manager The Manager Dept. of Corporate Services Dept. of Corporate Services National Stock Exchange of India Limited BSE Limited Bandra Kurla Complex Floor 25, P J Towers Bandra (E) Dalal Street Mumbai-400051 Mumbai – 400 001 NSE Scrip code: PRESTIGE BSE Scrip code: 533274

Dear Sir / Madam,

Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

In terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that the Company has launched exquisite residential project “ Prestige Pine Forest ” in Whitefield, Bangalore.

Brief details regarding the project is enclosed herewith.

This is for your information and records.

Thanking you.

Yours faithfully,

For Prestige Estates Projects Limited

VENKATARATHNAIA Digitally signed by VENKATARATHNAIAH SETTY H SETTY JEELAKUNTE JEELAKUNTE MANOJ KRISHNA MANOJ KRISHNA Date: 2024.09.25 23:07:58 +05'30'

Manoj Krishna JV

Company Secretary & Compliance Officer

Prestige Estates Projects Limited , Prestige Falcon Towers, No 19 Brunton Road, Bangalore - 560 025. Phone : +91 80 25591080 Fax : +91 80 25591945 E-mail : investors@prestigeconstructions.com www.prestigeconstructions.com CIN : L07010KA1997PLC022322

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Prestige Group Launches a Luxury Development in Whitefield with INR 1100 Crore Sales Potential

Prestige Group, the country’s leading real estate developer with a portfolio of more than 305 delivered properties across 10 cities, has announced the launch of its exquisite residential project in Whitefield - Prestige Pine Forest . This development is designed to offer an unparalleled living experience, enhanced by meticulously planned green spaces and exceptional amenities.

Prestige Pine Forest , located in prime Whitefield has excellent connectivity & it is a few minutes away from the IT Parks. IT parks in Whitefield, ITPL, Outer Ring Road and Sarjapur Road are accessible via arterial roads, which makes commuting to work a breeze. It provides an ideal location for professionals seeking proximity to their workplace. Moreover, more than 50 esteemed educational institutions are conveniently located just a short drive away.

Boasting architectural brilliance and meticulous craftsmanship, Prestige Pine Forest is the epitome of uber living with 316 units in 4 towers nestled in a rich landscape. The development is spread across 9 acres of land. Each tower is furnished with spacious conference rooms and well-equipped workstations in the lobbies, providing a convenient and productive environment for working from home while also allowing you to prioritize quality time with your family.

Each residence is equipped with four balconies providing picturesque views. The residential towers are encompassed by meticulously landscaped grounds and expansive open areas. These verdant spaces are adorned with lifestyle amenities such as a Pet Park, a Fitness Trail, and more. This architectural approach exemplifies the Prestige Group's steadfast commitment to cultivating a healthful and invigorating residential environment.

Prestige Pine Forest offers diverse residences, ranging from 2442 sqft to expansive 3556 sqft units . These residences encompass 3- and 4-bedroom apartments, complete with the option of a family room and spacious decks and balconies that will provide residents with panoramic city views. Notably, each residence is designed without shared walls, ensuring a private living environment.

Commenting on the launch, Mr. Praveer Shrivastava, Sr. Executive VP- Residential, Prestige Group said, “We are delighted to unveil Prestige Group’s latest architectural marvel that exemplifies our commitment to luxury, comfort, and convenience. This project redefines the benchmark for quality and craftsmanship and is a testament to our relentless commitment to delivering experiences. Boasting a prime location, cutting-edge design, and an array of topnotch amenities, Prestige Pine Forest is poised to establish itself as the most coveted residential community in Bangalore.”

Prestige Pine Forest’s richly landscaped foliage ascends to a raised level offering undisrupted views of the greenery. It has around 7 Acres of open and green spaces , providing its residents a serene refuge away from the hustle and bustle of daily life. Prestige Pine Forest is poised to become a landmark development in the city, with its delectable array of luxury leisure amenities

Prestige Estates Projects Limited , Prestige Falcon Towers, No 19 Brunton Road, Bangalore - 560 025. Phone : +91 80 25591080 Fax : +91 80 25591945 E-mail : investors@prestigeconstructions.com www.prestigeconstructions.com CIN : L07010KA1997PLC022322

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that further enhance the quality of life.

Recently, we have launched Prestige Raintree Park, located in prime Whitefield with revenue potential of INR 5000 crores right opposite Varthur Lake which stands as the epitome of uber living with 1520 exquisite abodes set in 18 towers nestled in rich landscape. With a mix of 3- bedroom and 4-bedroom units, this residential project promises a comprehensively elevated living experience. The development is spread across 21 acres of land overlooking the scenic Varthur Lake.

Prestige Raintree Park is designed to enhance lifestyle with a plethora of modern amenities and adding to the allure of the project, in the center stands the clubhouse complex on two level in lush greens with broad, open, party lawns on the upper deck that provides a treat for visual senses with over 1 lakh sqft, one of the largest in Bengaluru . The residential project offers exuberant leisure that befit the lifestyle of the residents they are accustomed to.

About Prestige Group:

Prestige Group, one of the leading real estate developers in the country, has a legacy of over three decades in real estate development. It has a diversified business model across various segments, viz Residential, Office, Retail, Hospitality, Property Management, and Warehouses with operations in more than 13 major locations in India. The Group has completed more than 300 projects spanning a developable area of 190 mn sqft. The company has been graded CRISIL DA1+ by CRISIL and enjoys a credit rating of ICRA A+.

Prestige Estates Projects Limited , Prestige Falcon Towers, No 19 Brunton Road, Bangalore - 560 025. Phone : +91 80 25591080 Fax : +91 80 25591945 E-mail : investors@prestigeconstructions.com www.prestigeconstructions.com CIN : L07010KA1997PLC022322