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Prestige Estates Projects Ltd
BSE Code 533274 ISIN Demat INE811K01011 Book Value (₹) 168.56 NSE Symbol PRESTIGE Div & Yield % 0.1 Market Cap ( Cr.) 62,486.31 P/E * 278.36 EPS * 5.6 Face Value (₹) 10
* Profit to Earning Ratio
* Earning Per Share
Prestige Estates Projects inks Rs 2,000 cr deal with ADIA and Kotak AIF Back
(01 Apr 2024)
Prestige Estates Projects announce a significant milestone in its growth trajectory through a strategic deal with the Abu Dhabi Investment Authority (ADIA) and Kotak AIF. The Rs 2,001 crore (~$240 million) deal is dedicated towards the development of residential projects in prominent locations across 4 cities in India.

The collaboration with ADIA and Kotak AIF represents a considered move towards adopting strong and organic growth for Prestige Group. The deal, with its substantial size, upholds company's vision to sustain its leadership position in the industry. It is aimed at catalysing the development of early-stage residential projects, ensuring company's commitment to prudent expansion and diversified growth.