Prestige Group Inks JV with Arihant Group for ₹1,600 Crore Residential Project in Chennai

Prestige Group inks JV with Arihant Group for ₹1,600 crore residential project in Chennai

Prestige Group said the acquisition will offer around 7.5 lakh sq ft of residential space, with an estimated Gross Development Value (GDV) of over ₹1,600 crore

Prestige Group forms JV with Chennai-based realtor to develop Rs 1,600 cr project

Bengaluru: Prestige Group and Arihant Foundations and Housing Ltd will jointly develop a 3.5-acre residential project in Chennai with a revenue potential of more than Rs 1,600 crore. According to a regulatory filing, Prestige Estates Projects Ltd and Arihant Foundations and Housing Ltd have formed a joint venture to buy 3.48-acre land in Velachery, Chennai from Rane (Madras) Ltd. The acquisition will be undertaken through JV entity Canopy Living…

Prestige Group Forms JV With Chennai-Based Realtor To Develop Rs 1,600 Crore Project

Prestige Group and Arihant Foundations and Housing Ltd. will jointly develop a 3.5-acre residential project in Chennai with a revenue potential of more than Rs 1,600 crore.According to a regulatory filing, Prestige Estates Projects Ltd and Arihant Foundations and Housing Ltd have formed a joint venture to buy 3.48-acre land in Velachery, Chennai from Rane (Madras) Ltd.The acquisition will be undertaken through JV entity Canopy Living LLP."The la…