Prestige Group buys 100% stake in Allure Developers for Rs 524 crore to develop housing project in Noida

Prestige Estates Projects has acquired a 100% stake in Allure Developers for Rs 523.76 crore, adding a residential project in Noida's Sector 150 to its…

3 sources · 3 articles · updated 2026-11-07 17:50 UTC · business

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  1. Prestige Group buys 100% stake in Allure Developers for Rs 524 crore to develop housing project in Noida

    The Economic Times ·

    Prestige Estates Projects Ltd has purchased a complete stake in Allure Developers for Rs 524 crore. The acquisition was finalized on November 6, 2026, in a share purchase agreement. Allure Developers is currently involved in developing a residential project located in Noida Sector 150. The company has made similar acquisitions, including Gloind Vintage Infra for Rs 519 crore.

    Summary on nerom.app