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With this acquisition, the company will hold 99.90% partnership interest in Prestige Realty Ventures

The Rs 2,001 crore deal is dedicated towards the development of residential projects in prominent locations across 4 cities in India

Prestige Windsor Park is an enclave of 637 residential condominiums with 5.77 acres on the Poonamallee High Road at Vanagaram in Chennai

With the acquisition, the Prestige OMR Ventures now has become a wholly owned subsidiary of the Company

Cost of acquisition is Rs 189 crore

Cost of acquisition is Rs 98.29 crore

The consummation of the agreement is subject to completion of conditions precedent and receipt of all necessary approvals

The cost of acquisition is Rs 450 crore

Joint Venture agreement is for development of IT/IT enabled services/parks in 6.53 acres of immovable property at Porur

The project comprises of 306 apartments across two high-rise towers spread in 6.5 acres of land and has a revenue potential of Rs 800 crore

Total consolidated income of the company increased by 120.79% at Rs 3,256.00 crore for Q2FY24

The company attained the highest-ever annual collections of Rs 11,954 crore for FY24

During H1FY24, the Group registered record-breaking highest sales of Rs 11007.30 crore

The number of units sold in the first nine months and the third quarter of this fiscal stood at 8,402 and 2,467, respectively

The company’s sales bookings stood at Rs 3,012 crore in the year-ago period

‘Prestige Vaishnaoi Hospitality’ is incorporated to carry on development of Hospitality project in Hyderabad

The acquired land will be planned for residential development spanning approximately 1 million square feet of carpet area

In the last financial year 2021-22, the company’s sales bookings rose 90 per cent to an all-time high of Rs 10,382.2 crore

The company’s collections stood at Rs 2146.40 crore in Q1FY23 as against Rs 1022.30 crore in Q1FY22, i.e. reported 2- fold jump

Prestige Group has completed 302 projects spanning a developable area of 193 million sq ft as of September 2024

1,366 units were sold during Q2FY25, bringing the total units sold during H1FY25 to 2,730

Cost of acquisition or the price at which the shares are acquired is Rs 66.07 crore

Prestige Group has registered sales of Rs 3,511 crore in the July-September period against Rs 2,111.9 crore in the year-ago period

The group sold more than 9,600 homes in FY23 spanning over 15 million square feet area

The cost of acquisition amounts to Rs 468 crore, along with a revenue share

Prestige Glenbrook will provide residents with a tranquil haven, offering respite from the daily hustle and bustle

The said acquisitions are expected to be completed by October 31, 2024

Techzone Technologies is developing commercial project at Kundalahalli, Hobli, KR Puram, Bangalore

This development is designed to offer an unparalleled living experience, enhanced by meticulously planned green spaces and exceptional amenities

Consideration received from such sale/disposal is Rs 313 crore

The Management Sub-Committee of the Board of the Directors of the company at their Meeting held on March 28, 2025, has, inter alia, approved the same

The cost of acquisition is around Rs 462 crore

The agreements are to increase its stake from 50% on a fully diluted basis to 100% in Prestige (BKC) Realtors