From The Hindu BusinessLine
Center-Right Owned by The Hindu Group (Kasturi & Sons)Prestige Estates acquires 100% stake in Noida developer Allure Developers for ₹524 crore
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.
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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
The latest acquisition adds another residential development project to the real estate major’s portfolio as it expands its presence across markets
