Prestige Group Strikes Residential Deal with ADIA and Kotak AIF
Real Estate

Prestige Group Strikes Residential Deal with ADIA and Kotak AIF

Prestige Group, a leading real estate developer, has entered into its inaugural residential platform deal with Abu Dhabi Investment Authority (ADIA) and Kotak Investment Advisors Limited (KIAL) - Real Estate. This collaboration marks a significant milestone for Prestige Group and underscores its strategic expansion into the residential segment.

Under the terms of the agreement, ADIA and Kotak AIF will collectively invest Rs 32 billion ($430 million) into the residential platform. This infusion of capital is aimed at accelerating the development of Prestige Group's residential projects across key markets in India, including Bengaluru, Chennai, and Hyderabad.

The partnership with ADIA and Kotak AIF reflects Prestige Group's commitment to leveraging institutional investments to fuel its growth trajectory in the residential real estate sector. By joining forces with reputed financial entities, Prestige Group aims to enhance its capabilities in delivering high-quality residential developments that meet the evolving demands of homebuyers.

The residential platform deal also signifies the confidence of institutional investors in the long-term potential of India's residential real estate market. Despite recent challenges, such as the COVID-19 pandemic, the sector continues to attract significant investment interest due to its intrinsic value and growth prospects.

The collaboration between Prestige Group, ADIA, and Kotak AIF exemplifies a strategic alignment of interests aimed at creating value for all stakeholders involved. As the partnership progresses, stakeholders anticipate the emergence of innovative residential offerings that cater to diverse segments of the market, further solidifying Prestige Group's position as a leading player in India's real estate landscape.

Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

Prestige Group, a leading real estate developer, has entered into its inaugural residential platform deal with Abu Dhabi Investment Authority (ADIA) and Kotak Investment Advisors Limited (KIAL) - Real Estate. This collaboration marks a significant milestone for Prestige Group and underscores its strategic expansion into the residential segment. Under the terms of the agreement, ADIA and Kotak AIF will collectively invest Rs 32 billion ($430 million) into the residential platform. This infusion of capital is aimed at accelerating the development of Prestige Group's residential projects across key markets in India, including Bengaluru, Chennai, and Hyderabad. The partnership with ADIA and Kotak AIF reflects Prestige Group's commitment to leveraging institutional investments to fuel its growth trajectory in the residential real estate sector. By joining forces with reputed financial entities, Prestige Group aims to enhance its capabilities in delivering high-quality residential developments that meet the evolving demands of homebuyers. The residential platform deal also signifies the confidence of institutional investors in the long-term potential of India's residential real estate market. Despite recent challenges, such as the COVID-19 pandemic, the sector continues to attract significant investment interest due to its intrinsic value and growth prospects. The collaboration between Prestige Group, ADIA, and Kotak AIF exemplifies a strategic alignment of interests aimed at creating value for all stakeholders involved. As the partnership progresses, stakeholders anticipate the emergence of innovative residential offerings that cater to diverse segments of the market, further solidifying Prestige Group's position as a leading player in India's real estate landscape.

Next Story
Real Estate

Colliers India Transacts 207,000 sq ft office space at Embassy TechVillage

Embassy Office Parks REIT, India’s first listed REIT and the largest office REIT in Asia by area, announced that it has signed an Agreement to Lease (‘ATL’) with global cyber security company Rubrik at Embassy TechVillage in Bengaluru.Colliers, a leading global diversified professional services company, specialising in commercial real estate services, engineering consultancy and investment management facilitated the transaction for Rubrik.Located on Bengaluru’s Outer Ring Road, Embassy TechVillage is one of Embassy REIT’s flagship office parks which offers world-class office spaces, ..

Next Story
Infrastructure Urban

Ensemble Infrastructure India Appoints Suman Saha as Director of Design

Ensemble Infrastructure India Ltd, a leading workplace design and build fit-out company, has appointed Suman Saha as its new Director of Design. With 25 years of experience in the industry, Suman is recognized for his innovative approach and excellence in design leadership.Working closely with the CEO, Suman’s appointment will enhance the company’s design communication across multiple touchpoints, ensuring smooth collaboration between clients, designers, and execution teams for superior project outcomes. Under his guidance, Ensemble will focus on creating workspaces and design labs that em..

Next Story
Products

Ribbon Vanity by Küche7: Fluid Design Meets Everyday Elegance

Küche7, pioneers in luxury stainless steel kitchens, have unveiled the Ribbon Vanity, a graceful creation that transforms bathroom spaces with its soft, flowing design and understated sophistication. Inspired by the fluid form of a ribbon, this vanity combines smooth finishes, clean lines, and gentle curves, offering a timeless aesthetic that seamlessly complements diverse interior styles.Available in a refined blush pink hue, the Ribbon Vanity effortlessly merges functionality with elegance. With thoughtfully designed storage options, it ensures that bathroom essentials are neatly organised ..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000