Prestige Estate Projects has received an approval for acquisition of additional stake of 20% in Villaland Developers LLP. Subsequent to the acquisition, the company’s overall stake in the LLP stands at 80%. The board of directors at its meeting held on December 7, 2016 has approved for the same.
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.