MoneyWorks4Me

Prestige Estate Projects acquires stake in two partnership firms

17 Apr 2021 Evaluate

Prestige Estate Projects has acquired 45% stake in Century Megacity and 55% stake in Century Landmark. The objects and effects of acquisition is to undertake real estate developments. The acquisition is completed on April 15, 2021.

Century Megacity is a partnership firm holding land parcels in North Bangalore, which will be developed as office space in the near future. Century Landmark is a partnership firm holding land parcels in North Bangalore, which will be developed as office space in the near future.

Prestige Estate 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 1155.00
Prestige EstatesProj 1477.95
Dilip Buildcon 412.15
DLF 670.70
Oberoi Realty 1836.05
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