New Delhi: Realty firm Prestige Estates Projects Ltd has launched 620 flats for sale in Ghaziabad with an estimated revenue of Rs 2,200 crore, as part of its strategy to expand business amid strong demand for premium residential properties. In April this year, Bengaluru-based Prestige Estates entered the Delhi-NCR market with the launch of its … Read more
Prestige Hospitality Ventures Limited, the hospitality arm of Prestige Group, has secured regulatory approval from the Securities and Exchange Board of India (SEBI) for its proposed ₹2,700 crore initial public offering (IPO), according to an official SEBI filing. The IPO will consist of a fresh issue of equity shares worth ₹1,700 crore and an offer … Read more
Irfan Razack, CMD, Prestige Group, says “the way the sales have happened in the last few quarters, the pressure is on us to launch more because the inventory is almost nil and so if I do not bring a new product into the market, we will not be able to get the top line sales. … Read more