Prestige Group
Property developers in the Delhi-NCR region are partnering financially strong developers from the country’s South and West to restart stuck realty projects in the backdrop of a constant cash crisis, the powerful Real Estate Regulatory Act (RERA), and the warning of being taken to the National Company Law Tribunal (NCLT). Financially sound companies like Godrej Properties, Prestige Group, and Kalpataru [...] Continue Reading »
Prestige Hillside Gateway is a Luxury Development Disney themed residential project by Prestige Group, in Kakkanad Kochi a prime, high demand zone. Spread over 13 Acres, the project consists of 1 BHK, 2 BHK, 2 BHK + Study, 3 BHK, 3BHK+ Maid’s Room & 4BHK + Maid’s Room. The project consists 602 Apartments & 27 [...] Continue Reading »
Prestige launched its Bangalore project- Prestige Song of the South in August 2015. Set in 36 Acres (Comprising 16 Towers, across 7 Blocks) in the fast developing heart of South Bengaluru, just off Bannerghatta Road. The development will be taken up in two phases and is expected to be ready for possession from mid-2019. The [...] Continue Reading »
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 »
S Raghunandan has been roped as chief executive officer of Indian unit Virtuous Retail Services Pvt. Ltd, whereas the company also announced the appointment of MN Hariharan as director of finance. Early this month, VCCircle had first announced the approaching management changes at the firm. After serving as CEO Retail of realty firm Prestige Group [...] Continue Reading »
New Delhi- Many developers in India have started to reduce the size of units in their projects in order to increase home sales. Without cutting the price per sq ft area, the developers are opting to cut the size of the units which seems to be based on the concept of “sachet marketing” adopted by [...] Continue Reading »
Prestige Group has recently launched Prestige Mayberry, a villa project in Whitefield, Bangalore. The project has two phases- Phase I will be developed over 1.21 lakh sq ft and Phase 2 will be spread over 3.87 lakh sq ft. Prestige Mayberry offers 166 villas with different sizes varying from 2483 sq ft to 3589 sq [...] Continue Reading »
Hyderabad – Bangalore based Prestige Estates Projects Ltd and promoters of KL Hitec Secure Print Ltd will together develop exclusive and luxurious residences on 5.8 acres in the Hitec City. Jones Lang LaSalle (JLL) India played an important role in this agreement. This land at Madhapur (Hitech city) was acquired by the Prestige group and [...] Continue Reading »
Mahadevapura which is located near the commercial hubs Whitefield and Brookfield has witnessed 20 percent capital appreciation during the October-December’12 quarter. The properties are now available at between Rs 4,500 to Rs 5,000 per sq ft which was available at Rs 3,500-4,000 per sq ft, according to the real estate brokers of that area. The [...] Continue Reading »
The Bangalore based real estate developer, Prestige Group is planning to spread out their real estate business in 2013. A higher official of Prestige group believes that there are many areas in Bangalore which are fast approaching saturation because of infrastructural constraints. One can expect improvement and increased development in selected areas in Bangalore including townships in [...] Continue Reading »
