Corporate News     22-Mar-24
Prestige Estates Projects acquires 62.5 acres prime land in Indirapuram Extension, NCR

Prestige Estates Projects announced its latest acquisition of 62.5 acres of prime land in Indirapuram Extension, NCR. This strategic acquisition marks a significant milestone for Prestige Group as it expands its footprint in the dynamic real estate market of NCR. The acquired land will be developed primarily as residential, complemented by education and retail aligning with Prestige Group's vision to create integrated urban communities that redefine modern living.

This project will be branded under the successful ‘The Prestige City' format, offering residents an unparalleled lifestyle experience in a large township with a seamless blend of residential, retail, school and recreational spaces. The cost of acquisition amounts to Rs 468 crore, along with a revenue share. The investment underscores Prestige Group's confidence in the potential of the NCR market and its long-term commitment to creating enduring value for stakeholders.

Previous News
  Indices trade with minor cuts; RBI keeps repo rate unchanged at 6.5%
 ( Market Commentary - Mid-Session 05-Apr-24   10:34 )
  Prestige Estates Q1 PAT rises 30% YoY to Rs 267 cr
 ( Hot Pursuit - 09-Aug-23   11:30 )
  Volumes soar at Prestige Estates Projects Ltd counter
 ( Hot Pursuit - 10-Oct-23   14:30 )
  Prestige Estates Projects Ltd leads gainers in 'A' group
 ( Hot Pursuit - 10-Oct-23   12:00 )
  Prestige Estate Q4 PAT drops 50% YoY; board OKs NCDs issue upto Rs 2,000 cr
 ( Hot Pursuit - 31-May-23   11:36 )
  Prestige Estates Projects jumps 14% in seven days
 ( Hot Pursuit - 11-Apr-23   13:37 )
  Macrotech Developers Ltd Falls 5.62%, S&P BSE Realty Index index Drops 1.21%
 ( Hot Pursuit - 17-Oct-22   09:45 )
  Prestige Estates Projects to convene board meeting
 ( Corporate News - 02-Aug-22   11:29 )
  Prestige Estates Projects to convene board meeting
 ( Corporate News - 03-Aug-21   13:04 )
  Prestige Estates soars after recording strong sales in Q3
 ( Hot Pursuit - 18-Jan-22   12:17 )
  Prestige Estates Projects schedules AGM
 ( Corporate News - 06-Sep-21   11:32 )
Other Stories
  National Highways Infra Trust schedules AGM
  08-Jul-24   16:14
  Alexander Stamps And Coin AGM scheduled
  08-Jul-24   16:14
  Larsen & Toubro wins order for 3.5GW solar PV plants in Middle East
  08-Jul-24   15:54
  Tata Motors Group global wholesales rise 2% in Q1 FY25
  08-Jul-24   15:50
  MCX announces resignation of Information Security Officer and Data Protection Officer
  08-Jul-24   15:45
  Cupid opens new mother warehouse in Bhiwandi
  08-Jul-24   15:40
  Nava's Zambian step-down subsidiary receives two large scale exploration licenses
  08-Jul-24   15:36
  CG Power and Industrial Solutions appoints Amar Kaul as MD & CEO
  08-Jul-24   15:18
  John Cockerill India to declare Quarterly Result
  08-Jul-24   14:58
  Kumbhat Financial Services to conduct board meeting
  08-Jul-24   14:58
Back Top