Prestige Group acquires around 17.45 acres prime land in Bengaluru

Ace News

29th Oct 2024

Prestige Group has acquired around 17.45 acres of prime land in Whitefield, Bengaluru. The acquired land will be planned for Residential Development spanning around 2.68 million sq ft of developable area. The cost of acquisition is around Rs 462 crore. 

This strategic addition not only complements company’s existing project but also strengthens its vision to create transformative spaces that drive long-term value for its communities and stakeholders.

Prestige Estates Projects is engaged in the business of real estate development. The company’s principal products/services include Development and construction of Properties, Leasing of commercial properties and Share of profit /loss from partnership firm.