Passez à l'illimité avec Magzter GOLD
Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement
Prestige targets mid-income homes
Mint Kolkata
|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.
Cette histoire est tirée de l'édition October 06, 2025 de Mint Kolkata.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Mint Kolkata
Mint Kolkata
Sebi’s plan to reduce fees gives mutual funds breathing room
The sharp fee cuts India's mutual fund industry had been bracing for have not materialized.
2 mins
December 19, 2025
Mint Kolkata
Perpetual licensing, uniform testing for medical devices
Licences for manufacturing and importing medical devices will no longer lapse after five years
2 mins
December 19, 2025
Mint Kolkata
New unified code to overhaul securities market regulations
\"We have seen show-cause notices being issued five years after the violation happened.
1 mins
December 19, 2025
Mint Kolkata
TVS Supply Chain moves NCLAT
TVS Supply Chain Solutions has moved appellate tribunal NCLAT, challenging an NCLT order which had rejected its plea to initiate insolvency against the Indian unit of telecom gear manufacturer ZTE.
1 min
December 19, 2025
Mint Kolkata
Shashwat Sharma to take charge as Airtel India CEO
Gopal Vittal to move from vice chairman and MD to executive vice chairman for five years
2 mins
December 19, 2025
Mint Kolkata
Adani Infra weighs $1 bn dollar bonds to execute group projects
A private company owned by billionaire Gautam Adani and his family has been tasked with managing infrastructure projects across the Adani Group's listed firms, as the conglomerate moves to bring project execution in-house and retain margins that would otherwise have gone to external contractors.
1 mins
December 19, 2025
Mint Kolkata
CCI to probe IndiGo for flight disruptions
The Competition Commission of India (CCI) announced on Thursday that it will investigate complaints received regarding IndiGo's flight disruptions early this month.
1 mins
December 19, 2025
Mint Kolkata
How child-free couples are rethinking retirement math
Focus is on flexibility, experiences and early retirement over traditional child-centric targets
3 mins
December 19, 2025
Mint Kolkata
Adani Infra to raise $1 billion via dollar bonds
Adani Infra is a subsidiary of Adani Properties Pvt Ltd (APPL), which is in turn held by the S.B. Adani Family Trust, a key promoter entity of the Adani Group.
1 mins
December 19, 2025
Mint Kolkata
Gift deed or will? The best way to transfer your residential flat
My uncle wishes to transfer ownership of his apartment valued at ₹80 lakh, located in a cooperative housing society, to his daughter.
2 mins
December 19, 2025
Listen
Translate
Change font size