Prestige Estates inks $240m deal with ADIA, Kotak AIF to develop residential projects in India

Prestige Estates inks $240m deal with ADIA, Kotak AIF to develop residential projects in India

Photo: Reuters

India’s Prestige Estates Projects said on Monday that it signed a deal worth 20 billion rupees (about $240 million) with the Abu Dhabi Investment Authority and Kotak Alternate Investment Fund to develop residential projects in the country.