Acquiring Company
Prestige Estates Projects Limited
Acquired Company
Allure Developers Pvt Ltd
BengaluruNoidaReal EstateHospitalityReal EstateDescription
Prestige Estates Projects acquired a 100 per cent stake in Allure Developers Pvt Ltd for Rs 523.76 crore under a share purchase agreement dated November 6, 2026. The deal gives Prestige control of a residential project in Noida's Sector 150 and strengthens its Delhi-NCR portfolio. The consideration will be paid in tranches.
Who to call at Prestige Estates Projects Limited, and when
When Prestige Estates Projects Limited changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Allure Developers Pvt Ltd?
Allure Developers Pvt Ltd was acquired by Prestige Estates Projects Limited, based in Bengaluru. The deal was reported on November 6, 2026. Prestige Estates Projects Limited is a leading real estate developer in India, known for its residential, commercial, and retail projects. Prestige Estates Projects Limited is privately held and operates in Real Estate.
When did Prestige Estates Projects Limited acquire Allure Developers Pvt Ltd?
Prestige Estates Projects Limited's acquisition of Allure Developers Pvt Ltd was reported on November 6, 2026. Prestige Estates Projects acquired a 100 per cent stake in Allure Developers Pvt Ltd for Rs 523.76 crore under a share purchase agreement dated November 6, 2026. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Allure Developers Pvt Ltd do?
Allure Developers Pvt Ltd is a real estate company undertaking the development of a residential project in Noida Sector 150. It becomes a wholly owned subsidiary of Prestige Estates Projects Ltd following the acquisition. It is privately held, operating in Real Estate, and is based in Noida.
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