Prestige Estates Projects Limited — Capital/Financing Update 2025

May 28, 2025

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Date : May 28, 2025

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, Bandra (E) Floor 25, P J Towers Mumbai-400051 Dalal Street, Mumbai – 400 001 NSE Scrip code: PRESTIGE BSE Scrip code: 533274

Dear Sir / Madam,

Sub: Press Release titled “Prestige Group Completes Three Landmark Projects in Mumbai, Delivering Over 800 Units Across 2.8 Million Sq. Ft”

Please find enclosed a copy of the Press Release titled “Prestige Group Completes Three Landmark Projects in Mumbai, Delivering Over 800 Units Across 2.8 Million Sq. Ft.”

This is for your information and records.

Yours faithfully,

For Prestige Estates Projects Limited

VENKATARATHN Digitally signed by VENKATARATHNAIAH AIAH SETTY SETTY JEELAKUNTE JEELAKUNTE MANOJ KRISHNA MANOJ KRISHNA Date: 2025.05.28 17:36:21 +05'30'

Manoj Krishna J V Company Secretary & Compliance Officer

Enclosed: As above

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 Completes Three Landmark Projects in Mumbai, Delivering Over 800 Units Across 2.8 Million Sq. Ft.

Mumbai, 28th May 2025 – Prestige Group, one of India’s leading real estate developers, proudly announces the successful completion and inauguration of its first three landmark projects in Mumbai — Siesta at The Prestige City, Mulund, Prestige Jasdan Classic, Mahalaxmi, and Prestige Turf Tower, also in Mahalaxmi . These developments collectively span 2.8 million square feet and mark the Group’s significant debut delivery in the city since its Mumbai launch in 2022.

The Group will be handing over nearly 700 premium residences and 130 office units in the coming months, reinforcing its commitment to timely delivery and exceptional quality.

Siesta at The Prestige City, Mulund

Siesta marks the first residential phase of The Prestige City, a large-scale, mixed-use integrated township located at Yogi Hills, Mulund. This premium 54-storey tower comprises 462 exquisitely designed sky-lounge residences. A signature multi-level clubhouse is integrated into the development, offering an extensive suite of lifestyle amenities for families.

Prestige Jasdan Classic, Mahalaxmi

Situated in one of Mumbai’s most sought-after locations, Prestige Jasdan Classic is a boutique luxury residential development spread across 2 acres. The 45-storey tower houses 233 elegantly crafted residences. Its residents will enjoy a curated lifestyle with facilities that include an outdoor swimming pool, children’s play area, banquet hall, state-of-the-art gymnasium, badminton and squash courts, and a multipurpose arena.

Both projects showcase meticulously planned interiors, premium finishes, and offer residents expansive homes with panoramic city views — creating refined living experiences in the heart of Mumbai.

Prestige Turf Tower, Mahalaxmi

In addition to the residential offerings, Prestige Group has also launched Prestige Turf Tower, a Grade A commercial development overlooking the Mahalaxmi Race Course. The project adds to the growing footprint of Prestige Group in the city’s premium commercial real estate segment.

Leadership Remarks

Mr. Irfan Razack, Chairman and Managing Director, Prestige Group , remarked:

“The completion of Siesta at The Prestige City, Mulund and Prestige Jasdan Classic, Mahalaxmi represents a key milestone in our Mumbai journey. These developments reflect our deep-rooted commitment to creating not just living spaces but holistic lifestyle

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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destinations. We’re excited to welcome residents to homes that exemplify luxury, thoughtful design, and long-lasting quality.”

Mr. Tariq Ahmed, CEO – West India, Prestige Group , added:

“It is a proud moment to unveil our first completed projects in Mumbai’s skyline. With these developments, we are delivering on our promise to bring Prestige’s legacy of excellence to this dynamic city. Our focus remains on creating iconic communities that elevate urban living and resonate with the aspirations of Mumbai’s discerning homebuyers.”

Continuing the Legacy of Excellence

With a legacy of delivering over 300 transformative projects across India, this milestone in Mumbai reinforces Prestige Group’s commitment to innovation, quality, and customercentricity. These inaugurations open a new chapter in the Group’s journey in India’s financial capital, welcoming homebuyers and businesses into spaces designed for an elevated lifestyle.

ABOUT PRESTIGE GROUP

Prestige Estates Projects Limited is one of India’s most trusted and renowned real estate developers, with a 38-year legacy of excellence. The Group has delivered over 300 projects across the residential, commercial, retail, hospitality, and mixed-use segments. With its unwavering focus on quality, scale, and innovation, Prestige continues to redefine urban living across India.

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