JV/AcquisitionAcquisition
Prestige Estates Projects (PRESTIGE) has secured a 50% partnership interest in Aaramnagar Realty LLP through a ₹180 Cr investment.
Prestige Estates Projects LimitedPRESTIGE · Filed with the exchange
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 reported no turnover in recent years, highlighting this as a clear investment into future project growth rather than an existing income stream.
This move bolsters Prestige's long-term development pipeline.
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