MoneyWorks4Me

Prestige Estates Projects’ arm acquires 28.99% stake in DB Realty's Mumbai project

19 Nov 2019 Evaluate

Prestige Falcon Realty Ventures (PFRVPL), wholly owned subsidiary of Prestige Estates Projects, has acquired around 1.32 lakh equity shares representing 28.99% (without considering other convertible instruments in the entity) of the equity share capital of DB Realty's Mumbai project -- DB (BKC) Realtors from Trinity Capital (Ten).

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.

Peers
Company Name CMP
Lodha Developers 1168.15
Prestige EstatesProj 1481.60
Dilip Buildcon 412.25
DLF 676.20
Oberoi Realty 1855.35
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