Finance Ongoing Projects and Projects Under Development
Invest in existing Subsidiaries which investment will be utilized for the construction and development of our commercial Ongoing Project,retail Ongoing and retail Projects Under Development undertaken by those Subsidiaries
Finance the acquisition of land
General corporate purposes
Incorporated in 1986, Prestige Estates Projects Ltd is a Bangalore based company involve in real estate development. Prestige Estates is south India’s largest real estate development company.
Company has completed 142 real estate projects of approximately 27.09 million sq. ft. Company has a diversified portfolio of real estate development projects including residential (including apartments, villas, plotted developments and integrated townships), commercial (including corporate office blocks, built-to-suit facilities, technology parks and campuses and SEZs), hospitality (including hotels, resorts and serviced accommodation) and retail (including shopping malls) segments of the real estate industry.
Company has established a strong brand image, has a successful track record of execution and a diversified portfolio of real estate projects.
Rating: The issue has been rated by ICRA-3/5, indicating average fundamentals.