Corporate News     01-Apr-24
Prestige Estates Projects inks Rs 2,000 cr deal with ADIA and Kotak AIF
Prestige Estates Projects announce a significant milestone in its growth trajectory through a strategic deal with the Abu Dhabi Investment Authority (ADIA) and Kotak AIF. The Rs 2,001 crore (~$240 million) deal is dedicated towards the development of residential projects in prominent locations across 4 cities in India.

The collaboration with ADIA and Kotak AIF represents a considered move towards adopting strong and organic growth for Prestige Group. The deal, with its substantial size, upholds company's vision to sustain its leadership position in the industry. It is aimed at catalysing the development of early-stage residential projects, ensuring company's commitment to prudent expansion and diversified growth.

Previous News
  Prestige Estates Projects consolidated net profit declines 12.85% in the June 2024 quarter
 ( Results - Announcements 01-Aug-24   07:26 )
  Prestige Estates Projects consolidated net profit rises 30.26% in the June 2023 quarter
 ( Results - Announcements 09-Aug-23   07:40 )
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 ( Market Commentary - Mid-Session 05-Apr-24   10:34 )
  Prestige Estates hits record high after Q2 sales soars 102%YoY
 ( Hot Pursuit - 09-Oct-23   11:09 )
  Prestige Estates Projects consolidated net profit rises 27.35% in the September 2021 quarter
 ( Results - Announcements 13-Nov-21   08:00 )
  Volumes spurt at Prestige Estates Projects Ltd counter
 ( Hot Pursuit - 13-Jul-23   14:30 )
  Prestige Estates decline as Q1 PAT slides 13% YoY to Rs 233 cr
 ( Hot Pursuit - 01-Aug-24   12:35 )
  Prestige Estates Projects Ltd Surges 1.58%
 ( Hot Pursuit - 29-Apr-22   09:30 )
  Prestige Estates Projects consolidated net profit rises 14.26% in the September 2019 quarter
 ( Results - Announcements 13-Nov-19   12:45 )
  Prestige Estates Projects consolidated net profit declines 50.13% in the March 2023 quarter
 ( Results - Announcements 31-May-23   07:52 )
  Volumes spurt at Prestige Estates Projects Ltd counter
 ( Hot Pursuit - 30-Jul-21   11:00 )
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