Acquiring Company
Prestige Estates Projects Ltd
Acquired Company
Allure Developers Pvt Ltd
IndiaNoidaReal EstateReal EstateDescription
Prestige Estates Projects Ltd acquired a 100 per cent stake in Allure Developers Pvt Ltd for Rs 524 crore under a share purchase agreement dated November 6, 2026. The deal expands Prestige's Delhi-NCR footprint through a residential project in Noida Sector 150. Consideration will be paid in tranches of up to Rs 523.76 crore, and Allure is now a wholly owned subsidiary.
Who to call at Prestige Estates Projects Ltd, and when
When Prestige Estates Projects Ltd 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 Ltd, based in India. The deal was reported on November 6, 2026. Prestige Estates Projects Ltd is a leading real estate developer in India with a presence across major cities. The company develops residential and commercial projects, including shopping malls. Prestige Estates Projects Ltd is privately held and operates in Real Estate.
When did Prestige Estates Projects Ltd acquire Allure Developers Pvt Ltd?
Prestige Estates Projects Ltd's acquisition of Allure Developers Pvt Ltd was reported on November 6, 2026. Prestige Estates Projects Ltd acquired a 100 per cent stake in Allure Developers Pvt Ltd for Rs 524 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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