+
Prestige Group Acquires 21 Acres in Bengaluru
Real Estate

Prestige Group Acquires 21 Acres in Bengaluru

Prestige Group, a prominent real estate developer, has acquired 21 acres of land in Bengaluru for a whopping Rs 4.50 billion. This strategic acquisition underscores the company's commitment to expanding its presence and developing premium real estate projects in the thriving Bengaluru market.

The acquisition of this sizable land parcel positions Prestige Group to capitalise on opportunities for residential, commercial, and mixed-use developments in Bengaluru, one of India's fastest-growing cities. The prime location of the land, coupled with Prestige Group's track record of delivering high-quality projects, bodes well for the success of future developments.

With this investment, Prestige Group reaffirms its confidence in Bengaluru's real estate market and its long-term growth prospects. The company's strategic vision and financial strength enable it to seize strategic opportunities and create value for its customers, investors, and stakeholders.

The acquisition of 21 acres of land in Bengaluru represents a significant milestone for Prestige Group and reinforces its position as a leading developer in the region. As the company embarks on new projects on this prime land, it aims to set new benchmarks for excellence and innovation in the real estate sector.

In conclusion, Prestige Group's acquisition of 21 acres of land in Bengaluru demonstrates its commitment to driving growth and delivering exceptional real estate developments. With this strategic investment, the company is poised to further enhance Bengaluru's skyline and contribute to the city's ongoing development journey.

Prestige Group, a prominent real estate developer, has acquired 21 acres of land in Bengaluru for a whopping Rs 4.50 billion. This strategic acquisition underscores the company's commitment to expanding its presence and developing premium real estate projects in the thriving Bengaluru market. The acquisition of this sizable land parcel positions Prestige Group to capitalise on opportunities for residential, commercial, and mixed-use developments in Bengaluru, one of India's fastest-growing cities. The prime location of the land, coupled with Prestige Group's track record of delivering high-quality projects, bodes well for the success of future developments. With this investment, Prestige Group reaffirms its confidence in Bengaluru's real estate market and its long-term growth prospects. The company's strategic vision and financial strength enable it to seize strategic opportunities and create value for its customers, investors, and stakeholders. The acquisition of 21 acres of land in Bengaluru represents a significant milestone for Prestige Group and reinforces its position as a leading developer in the region. As the company embarks on new projects on this prime land, it aims to set new benchmarks for excellence and innovation in the real estate sector. In conclusion, Prestige Group's acquisition of 21 acres of land in Bengaluru demonstrates its commitment to driving growth and delivering exceptional real estate developments. With this strategic investment, the company is poised to further enhance Bengaluru's skyline and contribute to the city's ongoing development journey.

Next Story
Infrastructure Urban

ITCONS Gains on New Rs 3.5 Million Defence Contract

ITCONS E-Solutions is trading at Rs 549.00, up by Rs 12.10 or 2.25 per cent from its previous close of Rs 536.90 on the BSE. The scrip opened at Rs 549.00 and has touched an intraday high and low of Rs 549.00, with 200 shares traded so far.A BSE ‘MT’ group stock with a face value of Rs 10, ITCONS touched its 52-week high of Rs 767.00 on 25 September 2024 and a 52-week low of Rs 166.70 on 5 August 2024. Over the past week, the stock has fluctuated between Rs 560.00 and Rs 510.60. The company's current market capitalisation stands at Rs 3.3 billion.Promoters hold 58.22 per cent of the compan..

Next Story
Infrastructure Urban

Delhi Extends EV Policy Till March 2026

The Delhi government has extended its existing Electric Vehicle (EV) Policy until 31 March 2026, or until a revised version is approved. The decision was made during a Cabinet meeting chaired by Chief Minister Rekha Gupta on Tuesday.According to Transport Minister Pankaj Kumar Singh, the draft of the new policy will undergo broader public consultation before being finalised, prompting the extension to allow time for thorough stakeholder engagement.The consultation process will include inputs from citizens, environmental groups, academic institutions, industry experts, and private firms. Key fo..

Next Story
Infrastructure Urban

Ather Crosses 400 Fast Chargers in Maharashtra

Electric two-wheeler manufacturer Ather Energy announced on Thursday that it has surpassed 400 fast charging points under its Ather Grid network across Maharashtra.The company's fast charging infrastructure now spans 35 cities in the state, including key urban centres such as Mumbai, Nashik, Pune, and Nagpur."Crossing 400 fast chargers in the state is about giving riders the assurance that they'll always find a charger when they need one. As we expand our retail presence, the charging network will continue to grow in tandem to make EV ownership truly seamless," said Ravneet Singh Phokela, Chie..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?