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The Economic Times
The Economic Times
Business

Prime Group to invest Rs 1,500 crore in Bihar’s real estate over the next four quarters

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.

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