Prestige Estates Projects Limited — JV/Acquisition, 18-02-2026: Acquisition

Prestige Estates Projects (PRESTIGE) has strategically acquired 100% partnership interest in Aspire Spaces Tellapur LLP for Rs. 0.1 Cr. This move is set to unlock a massive residential development opportunity in Tellapur, Hyderabad, targeting approximately 10 million square feet of saleable area. This acquisition significantly boosts Prestige's future project pipeline, strengthening its presence and growth prospects in a key real estate market. Although Aspire Spaces currently has no turnover, this signals Prestige's aggressive expansion strategy for long-term value creation.