Prestige Estates Projects has announced a strategic acquisition through its subsidiary units, which have purchased partnership stakes in Bharatnagar Buildcon LLP. The transaction was completed on December 10, 2025, resulting in the company gaining significant indirect ownership in the entity.

Acquisition Details

The partnership stake acquisition involved two subsidiary companies of Prestige Estates Projects. The following table summarizes the key aspects of this transaction:

The ownership structure shows Prestige Falcon Realty Private Limited, a wholly-owned subsidiary, holding 63.12% partnership interest, while Prestige Projects Private Limited, another subsidiary, holds 3.81% partnership interest in Bharatnagar Buildcon LLP.

Target Entity Profile

Bharatnagar Buildcon LLP, incorporated in 2011, operates in the construction and real estate development sector. The entity's financial performance over the past three years demonstrates its operational scale:

Strategic Implications

This acquisition represents a consolidation strategy for Prestige Estates Projects, allowing the company to strengthen its position in the real estate development sector. The substantial investment of ₹938.75 crores through capital and current account contributions indicates the company's commitment to expanding its operational footprint.

The transaction aligns with the company's growth strategy of building a diversified portfolio through selective acquisitions and partnerships. By securing majority control through its subsidiaries, Prestige Estates Projects can leverage its expertise while expanding into new development opportunities through established entities in the real estate sector.

Prestige Estates Projects Limited , a prominent player in the Indian real estate sector, has taken a significant financial step by issuing a corporate guarantee of up to INR 550 crores. This guarantee is aimed at securing a term loan facility for its wholly owned subsidiary, Prestige Falcon Malls Private Limited, from DBS Bank India Limited.

Key Details of the Corporate Guarantee

• Guarantor: Prestige Estates Projects Limited
• Beneficiary: Prestige Falcon Malls Private Limited (wholly owned subsidiary)
• Lender: DBS Bank India Limited
• Guarantee Amount: Up to INR 550 crores
• Purpose: To secure a term loan facility

Financial Implications

The corporate guarantee represents a contingent liability for Prestige Estates Projects Limited. This means that while it doesn't immediately impact the company's financial statements, it could potentially affect its financial position if the subsidiary fails to meet its loan obligations.

It's worth noting that the guarantee has been provided on an arm's length basis, ensuring compliance with regulatory requirements and maintaining transparency in inter-company transactions.

Company's Financial Position

To put this guarantee in context, let's look at some key financial metrics from Prestige Estates Projects Limited's recent balance sheet:

All figures in INR crore

The company has shown significant growth in its total assets and equity over the past year, which suggests a strong financial foundation. This robust financial position may have influenced the decision to provide the corporate guarantee to its subsidiary.

Potential Impact

While the company states that there is no immediate impact on its financial position due to this guarantee, it's important for investors and stakeholders to monitor the situation. The performance of Prestige Falcon Malls Private Limited and its ability to service the term loan will be crucial factors in determining whether this contingent liability materializes into an actual financial obligation for Prestige Estates Projects Limited.

As the real estate sector continues to evolve, such strategic financial moves by established players like Prestige Estates Projects Limited warrant close attention from market observers and investors alike.