Prestige Oakwood Indirapuram Extension Ghaziabad

About Prestige Oakwood Indirapuram Extension Ghaziabad

Prestige Oakwood is the flagship residential parcel within The Prestige City — Prestige Group's flagship township concept brought to Delhi NCR, located in Indirapuram, Ghaziabad, as a central part of the expansive 62.5-acre Prestige City development . The Oakwood cluster spans 24.59 acres with 58.68 lakh sqft of construction area, featuring three residential blocks — Cedar, Deodar, and Elm — each offering a variety of 2, 3, and 4 BHK home configurations . Prestige Oakwood will also offer nearly 119 premium villas, combining privacy with the perks of a township . This is Prestige Group's debut residential project in NCR, executed in partnership with L&T for construction and architect Hafeez Contractor for design — a combination rarely seen in Ghaziabad.

Key Highlights

• RERA Registered: UPRERAPRJ986134/04/2025, registered 28-04-2025 with declared completion date 27-11-2029
• Township Scale: 62.5 acres with 23 high-rise towers rising up to 50 floors and 4,041 planned units
• Architect & Builder: Construction by Larsen & Toubro (L&T) and architecture by renowned architect Hafeez Contractor
• Three Sub-Clusters: Cedar (4 towers, 45-46 storeys, 3 BHK Premia & 4 BHK Magnus); Deodar (4 towers, 46 storeys, 3 BHK Aspire/Premia & 4 BHK Supreme); Elm (2 towers, 41 floors, 3 BHK Ultima & 4 BHK Magnus)
• Premium Lifestyle: Self-sufficient ecosystem with three luxurious clubhouses, the Forum Mall, a healthcare centre, and provisions for two reputed schools
• Sales Traction: Over 1,200 units sold within a week of launch, translating to sales of over ₹3,000 crore
• Investment Scale: Phase 1 'Oakwood and Mulberry' represents a Gross Development Value (GDV) of over ₹9,000 crore
• Open Spaces: Over 75% open and landscaped area, with central green spine

Location Advantages

Prestige Oakwood sits on 62.5 acres in Indirapuram Extension on National Highway 24 , technically falling within Siddharth Vihar — a fast-growing belt that bridges Indirapuram, Vasundhara, and Noida. The signal-free corridor along NH-24/Delhi-Meerut Expressway delivers Akshardham in 15 mins, Eastern Peripheral Expressway in 17 mins, New Delhi Railway Station in 30 mins, and IGI/Noida International Airport in 60 mins . Excellent connectivity via Delhi-Meerut Expressway, NH-24 and proximity to Sector 62 Noida Metro Station ensures quick access to Noida, East Delhi and Central Ghaziabad .

Honest concerns: The nearest operational metro (Sector 62, Noida) is still a 10-15 minute drive away — there is no metro station at the project gate, and the proposed Blue Line extension to Mohan Nagar is years away. NH-24 traffic during peak hours toward Delhi can stretch travel times significantly. The Indirapuram Extension belt is still developing, so expect construction dust and incomplete supporting infrastructure for the next 3-4 years.

What's Nearby — Schools, Hospitals, Malls

Amenities

Residents of Mulberry and Oakwood enjoy exclusive access to over 1 lakh sq.ft. of world-class amenities housed in Club Mulberry and Club Oakwood, including fitness centres, swimming pools, indoor games, and lounges .

• Fitness & Sports: Multi-level clubhouse, fully-equipped gym, yoga deck, jogging track, cycling track, outdoor gym, multipurpose sports courts (basketball, tennis, badminton)
• Water: Olympic-sized swimming pool, separate kids' splash pool, pool deck
• Kids: Dedicated kids' play area, preschool within township, tuition centres with classrooms
• Social: Co-working spaces with meeting rooms, double-height entrance lobbies, dry-cleaning, multi-purpose hall, Forum Mall with cinemas, preschool, private decks for sit-out dinners
• Security: CCTV cameras, trained security guards, intercom facility, boom barriers, gated township, video door phone, biometric access, boundary fencing, patrolling and smart integrated security at the gate

Price & Configuration

The pricing for Oakwood At The Prestige City starts at ₹2.39 Cr for a 3 BHK+3T apartment, and ₹4.64 Cr for a 4 BHK+4T, offering a variety of budget options for potential buyers . Construction-Linked Payment Plan (CLP) is the standard option, with subvention schemes negotiable for early-bird buyers. GST, registration, parking, and PLC charges are extra.

Construction Progress

Project registered with UP-RERA on 28-04-2025 with proposed start date 02-04-2025 and declared completion date 27-11-2029 . As of the latest update, site mobilisation and excavation are underway across the Cedar and Deodar blocks. Construction by Larsen & Toubro (L&T) ensures premium quality, safety, and aesthetic design , which is a strong positive given L&T's track record on schedule adherence. Foundation and basement work is expected through 2026, with superstructure rising in 2027-28. Buyers should plan for actual handover anywhere between Q4 2029 and Q2 2030 — RERA dates rarely match exactly, but Prestige + L&T combination is among the most reliable in NCR.

Investment Analysis

• Current pricing vs locality: Indirapuram Extension/Siddharth Vihar averages ₹9,500-11,000/sqft for premium projects. Oakwood at ₹12,000-13,000/sqft commands a 15-20% Prestige brand premium.
• Appreciation forecast: Over the past few years, Ghaziabad's price has increased by 7-8% annually, making it one of the most promising real estate corridors in the National Capital Region . Expect 25-30% appreciation by possession (2029).
• Rental yield: 3 BHK units in Indirapuram fetch ₹45,000-65,000/month — translating to a modest 2.0-2.5% gross yield (typical for premium NCR).
• Resale demand: Over 1,200 units sold within a week of launch, translating to sales of over ₹3,000 crore — strong indicator of resale liquidity.
• Competing projects: Migsun Atharva (Siddharth Vihar) at ₹8,500/sqft, ATS Picturesque Reprieves (Sector 152 Noida) at ₹14,000/sqft, Godrej Tropical Isle (Sector 146 Noida) at ₹15,500/sqft. Oakwood sits in the sweet spot between Ghaziabad value and Noida premium.

Pros and Cons

PROS:

• Prestige Group's debut NCR project — strong incentive for the developer to over-deliver on quality and timeline
• L&T construction + Hafeez Contractor architecture is a rare premium combination at this price point
• Massive 62.5-acre integrated township with in-house Forum Mall, schools, healthcare — true self-contained living
• RERA-registered with clear UPRERAPRJ986134/04/2025 number — full legal transparency
• Strong launch traction (₹3,000+ Cr in week one) signals healthy resale market

CONS:

• Pricing at ₹12,000-13,000/sqft is a 15-20% premium over established Indirapuram benchmarks — Prestige is a new entrant to NCR with no delivery track record here
• No metro station within walking distance; nearest operational metro (Sector 62 Noida) needs a 10-15 min drive
• 4-year wait until 2029 possession — risk of construction delays despite L&T involvement (Prestige has had launch delays in FY25 per company filings)
• Indirapuram Extension/Siddharth Vihar still developing — expect dust, traffic disruptions, and infrastructure gaps until 2027-28

Who Should Buy This

Ideal for: NCR-based end-user families seeking large 3-4 BHK homes in a branded township; Delhi/Noida professionals wanting premium suburban living with NH-24 connectivity; long-term investors (5-7 year horizon) looking for capital appreciation rather than rental income; NRIs seeking a recognised pan-India brand in NCR.

Not ideal for: Buyers needing immediate possession or those highly sensitive to metro proximity. Yield-focused investors will find the 2-2.5% gross rental yield underwhelming compared to commercial real estate.

FAQ — Frequently Asked Questions

Q: Is Prestige Oakwood Indirapuram Extension Ghaziabad RERA registered?

A: Yes. The project is registered with UP-RERA under registration number UPRERAPRJ986134/04/2025, registered on 28-04-2025 .

Q: What is the possession date of Prestige Oakwood?

A: The declared date of completion as per UP-RERA is 27-11-2029 , with handover likely extending into early 2030.

Q: What is the price range of Prestige Oakwood?

A: Pricing starts at ₹2.39 Cr for a 3 BHK+3T apartment and ₹4.64 Cr for a 4 BHK+4T , with penthouses going up to ₹7.53 Cr. Average rate is ₹12,000-13,000/sqft.

Q: Is Prestige Group a reliable builder?

A: Yes. Prestige Estates Projects is India's leading real estate developer with a legacy of over three decades and has delivered over 300 projects across residential, commercial, retail, hospitality, and mixed-use sectors . However, this is their first NCR project, so localised execution is yet to be proven.

Q: What is the nearest metro station to Prestige Oakwood?

A: Sector 62 Noida Metro (Blue Line) is the nearest operational station, roughly 5-7 km away (10-15 min drive). The proposed Blue Line extension via Indirapuram is planned but not yet sanctioned.

Q: Is Prestige Oakwood good for investment?

A: Strong long-term play. The project saw over 1,200 units sold within a week of launch, translating to sales of over ₹3,000 crore , indicating healthy demand. With Ghaziabad appreciating 7-8% annually and a 4-year construction window, capital gains potential is solid — but rental yields will remain modest.

Q: What configurations are available at Prestige Oakwood?

A: 2 BHK + 2T (1,301 sqft), 3 BHK + 2T (1,681-1,694 sqft), 3 BHK + 3T (1,870-1,970 sqft), 3 BHK + 3T + Home Office (2,236-2,262 sqft), 4 BHK + 3T + HO (2,490 sqft), 4 BHK + 4T + HO (2,750-2,910 sqft), and 4 BHK to 6 BHK Sky Mansions (3,625-6,026 sqft) .

Q: Who is constructing Prestige Oakwood?

A: Construction is being executed by Larsen & Toubro (L&T) with architecture by renowned architect Hafeez Contractor — among the most premium build-design combinations in NCR.

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