Prestige Group Secures Prime Bengaluru Land

10 Apr 2024 CW Team

Prestige Group, a renowned real estate developer, has made a significant investment in Bengaluru's property market with the acquisition of 21 acres of prime land. The acquisition, valued at Rs 450 crore, underscores the company's commitment to expanding its footprint in one of India's most dynamic real estate markets.

This strategic move by Prestige Group is expected to further strengthen its presence in Bengaluru, where it already enjoys a formidable reputation for delivering high-quality residential and commercial projects. The newly acquired land, strategically located in a prime area of the city, presents ample opportunities for Prestige Group to develop innovative and sustainable real estate solutions that cater to the evolving needs of modern urban living.

The acquisition aligns with Prestige Group's long-term vision of enhancing urban landscapes and creating vibrant communities that seamlessly blend luxury, functionality, and sustainability. With its proven track record of delivering iconic projects that redefine the urban skyline, Prestige Group is well-positioned to leverage this latest acquisition to further elevate Bengaluru's real estate landscape.

Furthermore, this investment underscores Prestige Group's confidence in the resilience and potential of Bengaluru's real estate market, despite the ongoing challenges posed by the global economic landscape. By strategically investing in prime land assets, Prestige Group reaffirms its commitment to driving growth, innovation, and excellence in the Indian real estate sector.

Overall, Prestige Group's acquisition of 21 acres of land in Bengaluru represents a significant milestone in its journey towards shaping the future of urban living. With its unwavering focus on delivering value and quality, Prestige Group continues to set new benchmarks in the real estate industry, reinforcing its position as a leader in the market.

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..