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Prestige Estate Projects Ltd

Monsoon has very little co-relation with the demand in the real estate sector

Monsoon has very little co-relation with the demand in the real estate sector
The data shows that the monsoon does not dampen the sentiments in the real estate segment. The economic climate, not monsoon, is what determines the fortunes of the players in the real estate sector. For instance, in 2009-10, the most recent low rainfall year, Mahindra Lifespace Developers saw its revenue nearly double and profit jump over [...] Continue Reading »

Investment in real estate decreases 65% in 2013

Investment in real estate decreases 65% in 2013
The Indian real estate market witnessed a drop in the investment in 2013. As per the report titled Investment Market beat 2013 by property advisory Cushman and Wakefield, investment in Indian real estate market decreased by 65 percent in 2013. The report also concluded the investment in the hotel industry have decreased the most by [...] Continue Reading »



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