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Prestige Estates News
CLSA says Covid-19 does not alter Property market fundamentals - Phoenix Mills, Prestige Estates, Embassy REIT and DLF preferred picks
Thu, Nov 26, 2020
Work from home has led more people to focus on their homes and is driving upgrades (sales in the luxury segment picked up in Q2 FY21). Affordability is up with mortgage rates at a 15-year low (<7%) and stagnant prices. Supply is shrinking due to lack of liquidity for smaller developers, and the end of the interest moratorium in August 2020 will only aggravate liquidity issues.
Profits expected to grow in next few quarters, Prestige Group CMD Irfan Razack tells Anil Singhvi
Fri, Aug 14, 2020
While businesses are suffering amid the coronavirus pandemic situation, the silver lining is that the company has not incurred losses, though the profits are down, Prestige Group Chairman and Managing Director Irfan Razack told Zee Business Managing Editor Anil Singhvi in an exclusive interview
Work has started across all sites but with depleted labour: Irfan Razack, CMD, Prestige Group
Tue, Jun 30, 2020
Retail malls have opened up but cinema, food & beverage and entertainment are not a part of it. At the moment, shopping is on but the footfalls and trading are limited to just 30%. It will have an impact because if the revenue is not proper then the retailers will be at a loss, Irfan Razack, CMD at Prestige Group told Zee Buainess Executive Editor Swati Khandelwal in an exclusive interview
Want to buy affordable house? Check what DLF, Godrej Properties, Oberoi Realty, Prestige are up to in this space
Thu, Jun 13, 2019
Developers like DLF, Godrej Properties, Oberoi Realty, Prestige have changed course and are now building more affordable and mid-income housing projects to boost sales.
Prestige Estates will have debt for CapEx projects, not for residential projects: Irfan Razack, CMD
Tue, Jan 15, 2019
Irfan Razack, Chairman and Managing Director, Prestige Estates Projects Ltd., during an interview with Zee Business, spoke about the supply-demand condition in the real-estate sector, company’s plans and debt levels among others.
Why investors have no love for property stocks? Realty worst performer; Indiabulls Real Estate down 12%, DLF, Godrej too in list
Thu, Sep 27, 2018
The BSE Realty index is down 29% since January 2018 end market peak, underperforming the BSE Mid Cap index by 17 percentage points and the Small Cap index by 11 percentage points since then.
Prestige Q3 sales bookings fall 27% to Rs 429 crore
Sun, Feb 26, 2017
During April-December period of the 2016-17 fiscal, Prestige Estates Projects reported over 4 per cent decline in sales bookings at Rs 1,823.1 crore from Rs 1,908.7 crore in the corresponding period of the previous year.
DLF tops India’s ‘Most Reputed Real Estate Brand’ list: Report
Tue, Sep 27, 2016
Delhi Land & Finance (DLF) real estate company has topped the charts on the ‘Most Reputed Real Estate list,’ with eight brands from Mumbai that featured in the top 10.