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Prestige Estates Q4 FY25 Profit Falls 82%, Company Eyes Long-Term Growth with ₹14,500 Cr Projects

Prestige Estates reported an 82% YoY drop in Q4 FY25 profit to ₹25 crore. Despite the setback, the firm is pushing ahead with major projects in Mumbai and Delhi-NCR worth over ₹14,500 crore.

By Admin

  • 31st May 2025
  • 1165 Views
Adani and Prestige Lead Mumbai's Next Real Estate Wave by Reviving Distressed Assets

Discover how Adani Realty and Prestige Estates are reshaping Mumbai by reviving distressed real estate projects into premium developments.

By Admin

  • 12th May 2025
  • 1175 Views
Prestige & Arihant Join Forces to Unlock Chennai Real Estate Potential

Prestige Estates and Arihant Foundations have entered a joint venture to develop residential, commercial, retail, and hospitality projects in Chennai, marking a strategic expansion for both real estate firms

By Admin

  • 12th May 2025
  • 1190 Views
Prestige Hospitality Ventures Seeks to Raise ₹2,700 Crore Through IPO; Growth, Debt Retirement in Focus

Prestige Hospitality Ventures, managing JW Marriott Prestige Golfshire and Conrad Bengaluru, files for IPO to boost hospitality growth and financial health.

By Admin

  • 27th Apr 2025
  • 1209 Views
Prestige Estates Plans Debt Reduction and Aggressive Expansion with QIP Funds

Prestige Estates Projects, a prominent real estate developer, disclosed its intention to allocate the ₹5,000 crore it raised through a Qualified Institutional Placement (QIP) earlier this month.

By Admin

  • 15th Sep 2024
  • 1350 Views
Prestige Estates Acquires Prime Land and Development Rights in Pune for Over INR 200 Crore

Prestige Estates Projects' subsidiary Prestige Exora Business Parks purchased its partner's land parcel and development rights in Pune's desirable Kharadi neighbourhood. Land of about 4.5 acres was acquired for approximately ₹200 crore.

By Admin

  • 6th Sep 2024
  • 1375 Views
India Real Estate Sector Dynamics - HSBC Forecasts Impact of Interest Rates and New Launches

HSBC rates Prestige Estates and Sobha 'buy' in Mumbai, DLF and Godrej Properties 'hold', and Oberoi Realty'reduce'. The brokerage company raised its share price predictions for several firms, indicating that interest rate swings and new projects would likely affect their profitability.

By Admin

  • 16th Dec 2023
  • 1425 Views
Prestige Estates Has Acquired DB Realty's Stake in Two Mumbai Real Estate Projects

Prestige Falcon Realty Ventures, a fully owned subsidiary of the Bengaluru-based real estate developer, paid INR 978.7 Crore for securities from DB Realty and its subsidiaries to enhance its share in Prestige BKC Realtors from 50% to 100%.

By Admin

  • 4th Jun 2023
  • 1497 Views
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