Vuélvete ilimitado con Magzter GOLD
Obtenga acceso ilimitado a más de 9000 revistas, periódicos e historias Premium por solo
Prestige targets mid-income homes
Mint New Delhi
|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.
Esta historia es de la edición October 06, 2025 de Mint New Delhi.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Mint New Delhi
Mint New Delhi
For the weekend Of Gujarati folk rock and art
A Mint guide to what's happening in and around your city
1 min
January 02, 2026
Mint New Delhi
A bike collab that's finally come of age
The new Harley-Davidson X440 T, built at Hero's Neemrana plant, is a motorcycle that can take the rough with the smooth
4 mins
January 02, 2026
Mint New Delhi
Maruti shifts focus to minis on strong sales
India’s largest carmaker, Maruti Suzuki India Ltd, is prioritizing the production of small cars like the Alto and S-Presso, even if it means cutting output of bigger models, as it believes there is still growth potential for them in the world’s third-largest automobile market.
2 mins
January 02, 2026
Mint New Delhi
Hot metals are pouring cold water on a fossil-fuel fantasy
Soaring copper and silver prices show that cleantech is winning
3 mins
January 02, 2026
Mint New Delhi
Vodafone Idea faces ₹800 crore AGR payments over six years
Even as Vodafone Idea has received a breather on most of its adjusted gross revenue dues, a near-term obligation remains.
1 mins
January 02, 2026
Mint New Delhi
Quick commerce braces for fiercer battle in 2026
India’s quick commerce battle is set to turn even more intense in 2026 even as companies delivering groceries to electronics within minutes chase customer loyalty and improve unit economics.
2 mins
January 02, 2026
Mint New Delhi
Govt mulls ₹12 tn capex as private sector still cautious
FY21 to ₹9.5 trillion in FY24.
1 mins
January 02, 2026
Mint New Delhi
How Meta's Reels became a $50 billion business
Once a TikTok wannabe, Instagram’s video feature is now a hit with users and advertisers
3 mins
January 02, 2026
Mint New Delhi
INDIA SETS SAIL FOR GREATER SHARE IN GLOBAL SHIPPING
Over 80% of global trade by volume and more than 70% by value moves by sea and is handled at ports, according to United Nations Conference on Trade and Development's (UNCTAD’s) Review of Maritime Transport.
2 mins
January 02, 2026
Mint New Delhi
India should beware the growth of duopolies across its economy
Many markets are dominated by just two players. We must analyse this closely for a policy response
3 mins
January 02, 2026
Listen
Translate
Change font size