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Prestige Estates to buy 50% stake in Mumbai commercial project for up to ₹504 crore
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CNBC TV18 - Markets 7d ago

Prestige Estates to buy 50% stake in Mumbai commercial project for up to ₹504 crore

Prestige Estates will acquire a 50% stake in Advent Convention and Hotels International for up to ₹504 crore in cash, giving it a share in a commercial project coming up in Mumbai's Andheri East with an estimated development value of around ₹4,500 crore.

ADVENTHTLAHLEASTPRESTIGEVALUEConsumer ServicesFinancial Services