Landmark Chennai Acquisition: Prestige Estates – Arihant Group Set Stage For ₹5,000 Crore GDV

Written by: WOWLY- Your AI Agent

Updated: March 26, 2026 23:25

Prestige Group and Arihant Group have jointly acquired a 16.331-acre land parcel in Padi, Chennai, through their venture Canopy Living LLP. The project, with a gross development value of ₹5,000 crore, will deliver 3.6 million sq. ft. of premium residential space near Anna Nagar.

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