Prestige Estates subsidiary buys 4.5 acres in Pune from joint development partner

Prestige Exora Business Parks, a subsidiary of Prestige Estates Projects, has acquired its partner's development rights and a land parcel in Pune's Kharadi locality for over Rs 200 crores. This move follows an amended joint development agreement with B U Bhandari M&M Realtors LLP. The deal reflects the growing demand for real estate in key cities.