Versuchen GOLD - Frei
Prestige targets mid-income homes
Mint Mumbai
|October 06, 2025
Luxury housing has continued its sales run in an upbeat real estate sector, but high sales volumes will come from mid-income housing projects, a top Prestige Group executive said.
Irfan Razack, chairman and MD, Prestige Group.
To balance its portfolio with projects across price segments, Bengaluru-based Prestige plans to build more relatively affordable homes to cater to a wider customer base. Even in a pricey market such as the Mumbai Metropolitan Region, the developer with a multi-city footprint is looking for land in Thane and Navi Mumbai to develop mid-income projects.
In 2025-26, Prestige aims to clock around ₹27,000 crore of residential sales, on the back of strong housing demand and a large launch pipeline. It did ₹17,023 crore of sales in FY25.
In the April-June quarter, among the top listed developers, Prestige reported the highest sales at ₹12,126 crore, driven by high-ticket project launches and a strong performance in the National Capital Region.
Diese Geschichte stammt aus der October 06, 2025-Ausgabe von Mint Mumbai.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Mint Mumbai
Mint Mumbai
America should think before it slams its door on immigration
The benefits of it are subtle but compelling enough to keep it going
3 mins
October 09, 2025
Mint Mumbai
Fintechs must design for all, says RBI governor
increase transparency and awareness in consent management and data sharing under the account aggregator framework,\" he said.
1 mins
October 09, 2025
Mint Mumbai
Road builders sweat as highway tenders dry up
After a prolonged slowdown in orders, India's road construction giants are keeping their fingers crossed for a long-awaited revival.
2 mins
October 09, 2025
Mint Mumbai
Competitive exams in India: Are we testing the right parameters?
Their focus is on skills that often have nothing to do with requirements of the actual roles on offer
3 mins
October 09, 2025
Mint Mumbai
JSW tweaks auto top deck before EV, truck launch
Sajjan Jindal-led JSW Group has introduced a series of changes to the boards of at least two ofits auto companies and changed the holding company of its component business between August and September, as the conglomerate gears up to launch cars and trucks next financial year.
2 mins
October 09, 2025
Mint Mumbai
India pulls several anti-dumping levies on China, others
New Delhi has quietly allowed the expiry of anti-dumping duties on a range of goods from several countries including China, signalling a recalibration in its approach to trade protection.
2 mins
October 09, 2025
Mint Mumbai
Ombudsman rules, but are health insurers playing fair?
How to enforce ombudsman awards, challenge cancellations, ensure uninterrupted coverage
4 mins
October 09, 2025
Mint Mumbai
Design products accessible to all, RBI governor tells fintechs
Fintechs in India have a clear mandate from the head of the country's central bank: design products that are accessible, inclusive, and tailored for underserved populations.
2 mins
October 09, 2025
Mint Mumbai
Airtel's chief flags regulatory overreach in telecom sector
Telcos face disproportionate regulatory burden compared to other digital players, Vittal said
2 mins
October 09, 2025
Mint Mumbai
Advertisers push for transparency standards in ad sales
Some of the advertising industry's largest players have joined forces to propose new standards for transparency in the digital auctions that increasingly dominate ad sales.
4 mins
October 09, 2025
Listen
Translate
Change font size