SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Prestige Estates Projects enters into joint venture with ABIL Group

10 Apr 2026 Evaluate

Prestige Estates Projects has entered into a joint venture with ABIL Group (a developer of premium real estate and hospitality in Pune and Mumbai) to develop a land parcel through Aaramnagar Realty LLP.

Aaramnagar Realty LLP jointly holds the Development rights to land parcel in Aram Nagar, Versova, Mumbai. The development spans a land area of around 6 acres and offers a total development potential of around 1.7 million square feet (RERA area), with an estimated Gross Development Value (GDV) of over Rs 9,000 crore. 

The proposed development is envisaged as a premium residential project, catering to the growing demand for high-quality developments in Mumbai’s western suburbs. Versova continues to be a sought-after micro-market, driven by its strong social infrastructure, connectivity, and proximity to key commercial hubs.

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.

Prestige EstatesProj Share Price

1304.30 -17.00 (-1.29%)
13-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 820.90
Dilip Buildcon 437.70
DLF 568.40
Oberoi Realty 1685.35
Ahluwalia Contract(I 784.50
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×