Prestige Estates buys 50% of Advent Hotels for ₹504 crore to develop Andheri East project
Prestige Estates acquired a 50% stake in Advent Convention and Hotels for ₹504 crore to co-develop a 1.5 million sq ft leasable commercial project in Andheri East, Mumbai, with shopping mall and hospitality potential and a ₹4,500 crore GDV.
Prestige Estates acquired a 50% stake in Advent Convention and Hotels for ₹504 crore to co-develop a commercial project (including shopping mall/hospitality potential) in Andheri East, Mumbai, with 1.5 million sq ft leasable area.