Prestige Estate
A profit of 24.82 per cent has been recorded by the Prestige Estates Projects Limited reporting Rs. 96.89 crore for the second fourth half of the financial year. The South India based Prestige Estate reported a net profit of 24.82 per cent this year, and a net income of Rs.540.33 this year. The Q2 profit [...] Continue Reading »
With increasing debt and low sales months after months, the real estate companies have thought of going to the Institutional Placement Programme (IPP) to sell the shares to the investors. This IPP route will be taken by the builders as against the Offer For Sale (OFS) way to comply with the Sebi norms of public [...] Continue Reading »
The premium housing tradition with Bangalore is expected to obtain more appreciation with the introduction of involving all-under-one-roof walled city strategy. The majority of the basic amenities are given within the campus, cutting down the particular tours of denizens under this concept. The cost appreciation throughout integrated, walled townships is at least 30% a lot [...] Continue Reading »
