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Prestige Estates Projects Limited Issues ₹250 Crore Corporate Guarantee for Subsidiary's Loan Facility

Oct 10, 2025•8 months ago

Contract Type

contract

Real EstateHospitality

Description

Prestige Estates Projects Limited has issued a ₹250 crore corporate guarantee for its subsidiary, Dollars Hotel and Resorts Private Limited, securing a loan facility from Canara Bank/Catalyst Trusteeship Limited. This strategic financial decision demonstrates the company's commitment to supporting the growth of its subsidiary.

Company Information

Company

Prestige Estates Projects Limited

Location

17/3 Brunton Road

About

Prestige Estates Projects Limited is a leading real estate developer in India, known for its residential, commercial, and retail projects. The company focuses on delivering quality and innovative living and working spaces. Established in 1997, it has a strong portfolio across various segments of real estate. Prestige is renowned for its commitment to customer satisfaction and sustainable development.

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