Valor Estate Limited — Important, 29-05-2025: Arrangements for strategic, technical, manufacturing, or marketing tie up

Valor Estate has announced a board meeting to approve a joint venture with Prestige Estates to develop a commercial office complex at Sahar, Andheri East, Mumbai. The SPV will be equally owned by both, aiming to develop around 1.50 million sq. ft. of leasable space with a GDV of ₹4,500 Cr. Prestige will invest ₹504 Cr. This partnership is set to expand Valor’s commercial real estate presence by leveraging Prestige’s development expertise.