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Prestige Estates acquires remaining 40% partnership interest in Apex Realty Ventures LLP

22 Jul 2025 Evaluate

Prestige Estates Projects directly and through its wholly owned subsidiary has acquired 40% partnership interest in Apex Realty Ventures LLP (target entity). With this acquisition, the LLP has now become wholly owned subsidiary of the Company. 

The company is holding 60% partnership interest in the target entity and post this acquisition, the company with its wholly owned subsidiary will hold, directly and indirectly, 100% partnership interest.

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 1195.00
Prestige EstatesProj 1595.00
Dilip Buildcon 401.65
DLF 754.35
Oberoi Realty 1789.40
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