Prestige Estates Projects Limited
Prestige Estate Projects is in the business of real estate development encompassing the development and construction of properties, leasing of office and retail properties.
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Prestige Estates Projects Limited has expanded its operational footprint by incorporating two new wholly-owned subsidiaries, Southgrove Homes LLP and Parkgrove Realty LLP, acquiring a 100% stake in both entities. Each entity was formed with a total capital contribution of INR 1,00,000/-. These strategic additions are set to focus on real...
Prestige Estates is acquiring a 50% stake in Advent Convention and Hotels International for up to Rs. 504 crore. This strategic move marks Prestige's entry into Mumbai's commercial real estate market, targeting a new project in Andheri. The venture involves developing a commercial project with approximately 1.50 million sq. ft....
Prestige Estates Projects (PRESTIGE) has secured a 50% partnership interest in Aaramnagar Realty LLP through a ₹180 Cr investment. This strategic acquisition is set to unlock a new real estate development project in Versova, Mumbai, significantly expanding Prestige's footprint in a key metro market. Aaramnagar Realty, established in 2018, has...
Prestige Estates Projects (PRESTIGE) has strategically acquired 100% partnership interest in Aspire Spaces Tellapur LLP for Rs. 0.1 Cr. This move is set to unlock a massive residential development opportunity in Tellapur, Hyderabad, targeting approximately 10 million square feet of saleable area. This acquisition significantly boosts Prestige's future project pipeline,...
Prestige Estates Projects has significantly boosted its real estate footprint by acquiring a 66.93% partnership interest in Bharatnagar Buildcon LLP. This strategic move, valued at Rs. 938.75 crore, aims to consolidate Prestige's stake in a key real estate development venture. The acquisition strengthens its project pipeline and market position. While...