Prestige Estates Projects and its wholly owned subsidiary Prestige Exora Business Parks have entered into Joint Venture agreement with W.S. Industries (India) for development of IT/IT enabled services/parks in 6.53 acres of immovable property at Porur, Chennai.
W.S. Industries (India) proposes to implement the project through its subsidiary company WS Insulators. The consummation of the agreement is subject to completion of technical and legal due diligence, satisfaction of conditions precedent and receipt of all necessary approvals.
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.
