From The Economic Times
Center-Right Owned by Bennett, Coleman & Co.Prestige Group buys 100% stake in Allure Developers for Rs 524 crore to develop housing project in Noida
What's behind this
Prestige Estates Projects Ltd completed the purchase of Allure Developers’ entire shareholding for Rs 524 crore, with the deal sealed on November 6 2026 under a share purchase agreement. Allure Developers is engaged in a residential project in Noida’s Sector 150, and the acquisition adds another housing development to Prestige’s portfolio as it broadens its market presence.
AI-generated overview from 2 outlets. It summarises their reporting and adds no reporting of its own.
What each side is saying
One outlet's own words from each side of the spectrum. Quoted, not summarised.
-
right · 2 outlets
Prestige Estates Projects Ltd has purchased a complete stake in Allure Developers for Rs 524 crore. The acquisition was finalized on November 6, 2026, in a share purchase agreement. Allure Developers is currently involved in developing a residential project located in Noida Sector 150. The company…
RSS excerpt
Prestige Estates Projects Ltd has purchased a complete stake in Allure Developers for Rs 524 crore. The acquisition was finalized on November 6, 2026, in a share purchase agreement. Allure Developers is currently involved in developing a residential project located in Noida Sector 150. The company…
