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Prestige Estates Projects Ltd will develop four new housing projects in Bengaluru, Goa and Hyderabad with an investment of nearly Rs 2,000 crore(Mint file)

Prestige group to invest Rs 2,000 crore on housing projects in Bengaluru, Hyderabad, Goa

By Press Trust of India | Posted by PrashastiSingh | New Delhi
PUBLISHED ON NOV 23, 2020 07:28 AM IST
The Bengaluru-based company will develop nearly 3,400 housing units in these four projects over the next three and half years.
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The Prestige Estate’s shareholders have also given their approval to issue and allot 13.44 million equity shares at Rs 325 per share to GAMNAT Pte, an investment company.(Prestige Group/Twitter)
The Prestige Estate’s shareholders have also given their approval to issue and allot 13.44 million equity shares at Rs 325 per share to GAMNAT Pte, an investment company.(Prestige Group/Twitter)

Prestige Group arm acquires 50% stake in Lokhandwala DB Realty

By HT Correspondent | Hindustan Times, New Delhi
UPDATED ON JAN 22, 2020 05:47 PM IST
In a regulatory filing, the Prestige Group said the investment has made by way of capital account contribution. With this, the Bengaluru-based real estate developer now has 50 per cent economic and voting rights in Lokhandwala DB Realty.
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Prestige Estates Projects Ltd is foraying into the Delhi-NCR real estate market.(HT Photo)
Prestige Estates Projects Ltd is foraying into the Delhi-NCR real estate market.(HT Photo)

Prestige Estates to invest Rs 500 crore in first housing project in NCR

By Press Trust of India | New Delhi
UPDATED ON SEP 15, 2019 08:10 PM IST
In its last 32 years of operations, the Bengaluru-based Prestige Group has completed 236 real estate projects comprising nearly 125 million sq ft of developable area, mostly in south India.
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(iStock)
(iStock)

Developers shift focus from housing, commercial realty to warehousing

By Aishwarya Iyer | Hindustan Times
PUBLISHED ON MAY 30, 2019 07:39 PM IST
Amid a retail boom, builders are finding a new market in industrial logistics hubs for e-commerce, FMCG, retail and apparel.
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