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Prestige Estates Projects enters into framework agreement with Arihant

10 May 2025 Evaluate

Prestige Estates Projects has entered into a framework agreement with Arihant Foundations and Housing (Arihant) to collaborate and jointly develop real estate projects in Chennai. Under this strategic partnership, the two companies will explore opportunities across all classes of real estate, including Residential, Office, Retail and Hospitality Developments.

The real estate projects will be undertaken on a joint venture basis with both Company and Arihant bringing their respective expertise, strengths brand and market knowledge to deliver high quality developments that cater to the evolving needs of the Chennai market.

Prestige Estates Projects is the flagship company of the Prestige Group. 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 1115.10
Prestige EstatesProj 1458.00
Dilip Buildcon 425.25
DLF 631.05
Oberoi Realty 1778.00
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