Prestige Group to invest Rs 2,000 crore on 4 new housing projects in Bengaluru, Hyderabad and Goa
NEW DELHI: Realty firm Prestige Estates Projects Ltd will develop four new housing projects in Bengaluru, Goa and Hyderabad with an investment of nearly Rs 2,000 crore amid recovery in demand for residential properties. The Bengaluru-based company will develop nearly 3,400 housing units in these four projects over the next three and half years. “We […]
Prestige group to sell commercial projects to Blackstone for Rs 9,160 crore
NEW DELHI: Bengaluru-based Realty firm Prestige Estates Projects Ltd on Monday said it has agreed to sell a large portfolio of office, retail and hotel properties to global investment firm Blackstone for an enterprise value of Rs 9,160 crore. The company has signed term sheets on Monday with the Blackstone group, and the deal is […]
Prestige group agrees to sell certain office, retail assets and 2 hotels to Blackstone for Rs 12,000 crore
NEW DELHI: Realty firm Prestige Estates Projects Ltd on Saturday said it has agreed to sell certain office, retail and hotel properties to global investment firm Blackstone — in a big ticket real estate deal estimated at around Rs 12,000 crore. Prestige group did not disclose the deal size, but sources said that the Bengaluru-based […]