Prestige Estates Projects Limited has expanded its operational footprint by incorporating two new wholly-owned subsidiaries, Southgrove Homes LLP and Parkgrove Realty LLP, acquiring a 100% stake in both entities.

Each entity was formed with a total capital contribution of INR 1,00,000/-. These strategic additions are set to focus on real estate development activities.

Both entities are newly established and are yet to commence commercial operations, meaning there is no immediate financial turnover impact, but the move bolsters the company's structural framework for future project execution.