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Prestige Estates buys 50% stake in Advent Convention and Hotels International for Rs 504 crore
Prestige Estates Projects Ltd is set to enhance its market presence by securing a 50% stake in Advent Convention and Hotels International Ltd for Rs 504 crore. This deliberate acquisition will pave the way for a major commercial development in Mumbai's Andheri East, featuring 1.50 million sq ft of leasable area and a total development worth Rs 4,500 crore. This investment reflects Prestige's ambitious growth plans.
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economictimes.indiatimes.com
Prestige Estates to invest Rs 15,000 cr this fiscal in housing, commercial projects
Prestige Estates Projects is set to invest a substantial Rs 15,000 crore this fiscal year in developing residential and commercial properties across key South Indian regions,…
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hindustantimes.com
Prestige Estates to invest ₹15,000 cr this fiscal in housing, commercial projects
Prestige Estates Projects will invest ₹15,000 cr this fiscal in the construction of residential and commercial projects across South India, MMR and Delhi-NCR | Real Estate News
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thehindubusinessline.com
Prestige Estates acquires 50% stake in Rs 4,500 crore Mumbai commercial project
Prestige Estates will invest Rs 504 crore to acquire a 50% stake in a Mumbai commercial project with 1.5 million sq ft of leasable space worth Rs 4,500 crore.
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Prestige Estates buys 50% stake in Advent Convention and Hotels International for Rs 504 crore
Prestige Estates Projects Ltd is set to enhance its market presence by securing a 50% stake in Advent Convention and Hotels International Ltd for Rs 504 crore. This deliberate…