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Prestige Group announces upcoming residential project in Noida Sector 62

Prestige Group will launch a new residential project in Noida's Sector 62, marking the developer's expansion into the city after establishing its presence in Ghaziabad. The project will offer 2, 3 and 4 BHK apartments in the price range of Rs 1.49 crore and Rs 2.99 crore.

Realty News — Prestige Group announces upcoming residential project in Noida Sector 62
DeveloperPrestige Group, founded in 1986
LocationSector 62, Noida
Product Type2, 3 and 4 BHK apartments
Price RangeRs 1.49 crore to Rs 2.99 crore
Status (as of September 2026)Upcoming; announced for development
ConnectivityConnected to key arterial roads and major metro stations on the Blue Line
Neighbourhood ContextProximity to Delhi, Ghaziabad, major corporate and IT hubs; Embassy Galaxy, Candor TechSpace, Spring Meadows and Syadwad Business Parks nearby

Project Overview

Prestige Group, after establishing its flagship project in Siddhartha Vihar, Ghaziabad, is set to expand in the region with its new project in Sector 62, Noida. The project is expected to be located along National Highway 24.

The development will offer 2, 3 and 4 BHK apartments in the price range of Rs 1.49 crore and Rs 2.99 crore. No formal launch date or RERA registration has been publicly announced as of September 2026. The project remains in the announcement or pre-launch phase.

Location and Connectivity

Situated along National Highway 24, the residential space will be connected to key arterial roads and the major metro stations on the Blue Line. Sector 62 is served by the Noida Sector 62 metro station on the Delhi Metro Blue Line extension, operational since March 2019.

Sector 62 offers world-class social amenities including restaurants, cafes, malls, schools, and hospitals, with retail destinations like Shipra and Shopprix mall within a few minutes' drive.

Locality Profile and Demand Drivers

Sector 62 is one of the most recognized industrial and institutional areas in the city, situated near the Delhi-Meerut expressway and Ghaziabad border, with corporate offices, IT parks, educational institutes, hospitals, apartment societies, local markets and hospitality establishments.

Multinational and domestic IT and BPO firms operate in multi-tenanted business parks, with companies like Siemens, Samsung, TCS, IBM, and Barclays Shared Services having operations in Sector 62. Growth drivers include high rental demand, smooth inter and intra-city connectivity, presence of key corporate giants, social amenities, and metro connectivity via the Blue Line of Delhi Metro.

Developer Profile

Founded in 1986, Prestige Group is a premier real estate developer which has successfully delivered landmark developments across major cities in South India, with a widely diverse portfolio including the residential, commercial, retail, leisure and hospitality segments.

Prestige Group has established its presence in Delhi NCR with Prestige City in Siddhartha Vihar, Ghaziabad, which offers possession by 2028 and provides 3, 4 and 5 BHK apartments starting from Rs 1.7 crore.

Frequently asked questions

What configurations are planned for the Prestige Noida Sector 62 project?

The project will offer 2, 3 and 4 BHK apartments in the price range of Rs 1.49 crore and Rs 2.99 crore.

Has the project received RERA approval?

As of September 2026, no RERA registration number has been publicly documented for this project. The development is listed as upcoming and has not yet formally launched.

What is the expected possession timeline?

No official possession date has been announced for this project. Timelines will likely be communicated at the time of formal launch.

How is Sector 62 connected to Delhi and other areas?

Sector 62 is served by the Noida Sector 62 metro station on the Delhi Metro Blue Line extension, operational since March 2019, ensuring fast, affordable, and efficient connectivity to central Noida, Delhi, and other NCR destinations.

What are the major employment hubs near this sector?

Sector 62 is a major employment hub housing several multi-tenanted business parks and Special Economic Zones. Multinational and domestic IT and BPO firms operate here, with office buildings like Unitech Infospace, Correnthum, and Galaxy Business Park. Companies like Siemens, Samsung, TCS, IBM, and Barclays have operations in Sector 62.

Why is Sector 62 considered attractive for residential investment?

Ample availability of residential apartments and self-sufficient infrastructure make Sector 62 an end user's paradise, popular among investors due to high rental demand, smooth inter and intra-city connectivity, presence of key corporate giants, social amenities, and metro connectivity.

Sources

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