Prime Group plans to invest around Rs 1,500 crore in Bihar’s real estate market over the next four quarters, marking its entry into the state’s property sector as it builds a sizable development portfolio in the region.
The group is targeting a development pipeline of around 5 million sq ft and will deploy the proposed capital across residential and mixed-use developments in Bihar. The group’s development ecosystem and business associations span markets including Mumbai, Bengaluru, Kolkata and Ranchi, as it now looks to deepen its development footprint in Bihar.