Prestige Estates Projects’ wholly owned subsidiary-- Prestige Falcon Malls (PFMPL) has acquired 49% partnership interest in Prestige Notting Hill Investments. With this acquisition, the company directly and indirectly holds 100% partnership interest in Prestige Notting Hill Investments. The firm is paying retiring partners approximately Rs 300 crore. This will be settled on or before July 31, 2025.

Besides, Prestige Estates Projects has acquired 48.99% partnership interest in Prestige AAA Investments. With this acquisition, the company holds 99.99% partnership interest in Prestige AAA Investments. The firm is paying retiring partners approximately Rs 25.60 crore. This will be settled on or before July 31, 2025. 

Prestige Estates Projects is the flagship company of the Prestige Group. Prestige Estates Projects is engaged in the business of real estate development. The company’s principal products/services include Development and construction of Properties, Leasing of commercial properties and Share of profit /loss from partnership firm.