Prestige Group acquires 102 acres, plans to develop project worth Rs 20,000 crore
Real estate developer Prestige Group has acquired 102 acres of land in the April-June quarter (Q1). The land would be used to build housing projects, with a potential to generate revenue of more than Rs 20,000 crore.
This land is acquired in Bengaluru, Hyderabad, Chennai, and Mumbai. As per the firm, it plans to expand the business, and it has been acquiring land parcels outright and also partnering with landowners.
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