Prestige Estates and Arihant Foundations have entered a joint venture to develop residential, commercial, retail, and hospitality projects in Chennai, marking a strategic expansion for both real estate firms

Prestige Hospitality Ventures, managing JW Marriott Prestige Golfshire and Conrad Bengaluru, files for IPO to boost hospitality growth and financial health.

Prestige Estates Projects, a prominent real estate developer, disclosed its intention to allocate the ₹5,000 crore it raised through a Qualified Institutional Placement (QIP) earlier this month.

Bangalore-based Prestige Estate Projects plans to treble its hotel portfolio with a ₹1700 crore investment in the next 3-4 years. Managing 1,849 keys across India, the business aims to create ₹1,800 crore in income, tripling current sales of ₹900 crore.