Prestige Estates Subsidiary Acquires 4.5 Acres in Pune for Rs 2 Billion+
Prestige Exora Business Parks, a subsidiary of real estate developer Prestige Estates Projects, has acquired development rights and a 4.5-acre land parcel in Pune for over Rs 2 billion.
Real EstatePrestige EstatesPunePrestige Exora Business ParksLand AcquisitionReal Estate PuneSep 12, 2024
The acquisition is a strategic move by the company to expand its presence in the Pune market. The 4.5-acre land parcel is located in a prime area of Pune and has tremendous potential for development.
Prestige Estates Projects is a leading real estate developer in India with a strong presence in several cities including Bangalore, Chennai, Hyderabad, and Pune. The company has a diverse portfolio of projects including residential, commercial, and retail spaces.
The acquisition of the 4.5-acre land parcel in Pune is expected to further strengthen the company's presence in the city and provide a boost to its business.
Prestige Estates Projects is a leading real estate developer in India with a strong presence in several cities including Bangalore, Chennai, Hyderabad, and Pune. The company was founded in 1986 and has since become one of the most respected and trusted names in the Indian real estate industry.
Prestige Estates Projects is a leading real estate developer in India with a strong presence in several cities including Bangalore, Chennai, Hyderabad, and Pune. The company has a diverse portfolio of projects including residential, commercial, and retail spaces.
Frequently Asked Questions
Who has acquired the 4.5-acre land parcel in Pune?
Prestige Exora Business Parks, a subsidiary of Prestige Estates Projects, has acquired the 4.5-acre land parcel in Pune.
What is the value of the acquisition?
The acquisition is valued at over Rs 2 billion.
Where is the 4.5-acre land parcel located?
The 4.5-acre land parcel is located in a prime area of Pune.
What is the business strategy behind the acquisition?
The acquisition is a strategic move by the company to expand its presence in the Pune market.
What is the portfolio of projects of Prestige Estates Projects?
Prestige Estates Projects has a diverse portfolio of projects including residential, commercial, and retail spaces.
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