Prestige Estates Plans Major Launch, Aiming for Rs 24K-cr Pre-Sales
Prestige Estates, a leading real estate developer, is set to launch projects worth Rs 30,000 crore and aims to achieve Rs 24,000 crore in pre-sales. The company is focusing on delivering high-quality residential and commercial properties to meet the growi
Prestige EstatesReal EstateHousing ProjectsPresalesSustainable DevelopmentReal Estate NewsFeb 09, 2025
This strategic move is aimed at capitalizing on the robust demand for quality housing and commercial spaces in the country.
The company is also setting a high target, aiming to achieve Rs 24,000 crore in pre-sales within the next few years.
Prestige Estates has a rich history of delivering premium projects across major cities in India.
With a strong track record of over three decades, the company has established itself as a trusted name in the real estate sector.
The upcoming projects are expected to be a mix of residential apartments, commercial complexes, and integrated townships, designed to cater to the diverse needs of modern lifestyles.
The company's CEO, Mr.
R.
Venkatesh, expressed his confidence in the market's potential and the company's capabilities.
He stated, 'We have been closely monitoring market trends and have identified several key areas where there is a significant demand for high-quality properties.
Our new projects will not only meet these demands but also set new benchmarks in terms of design, functionality, and sustainability.'
One of the key highlights of these new projects is the emphasis on sustainable and eco-friendly practices.
Prestige Estates is committed to incorporating green building technologies and energy-efficient solutions to reduce the environmental impact of its developments.
This aligns with the growing consumer awareness and preference for eco-friendly living.
The company's focus on infrastructure and amenities is another crucial aspect of these projects.
Each project will feature well-planned layouts, state-of-the-art facilities, and easy access to major roads and public transport.
This holistic approach ensures that residents and businesses can enjoy a convenient and comfortable lifestyle.
Prestige Estates has also announced plans to expand its footprint into new geographical regions.
The company is exploring opportunities in Tier-II and Tier-III cities, where the demand for quality housing and commercial spaces is on the rise.
This strategic expansion is expected to further strengthen the company's market position and drive growth.
To achieve its ambitious targets, Prestige Estates is investing heavily in technology and innovation.
The company is leveraging advanced tools and platforms to streamline its operations, enhance project execution, and improve customer engagement.
This focus on technology will enable Prestige Estates to deliver projects on time and within budget, ensuring high levels of customer satisfaction.
The real estate market in India has shown resilience and potential, despite the challenges posed by the pandemic.
With the government's push for affordable housing and infrastructure development, the sector is poised for significant growth.
Prestige Estates is well-positioned to capitalize on these opportunities and deliver value to its stakeholders.
In conclusion, Prestige Estates' launch of Rs 30,000 crore worth of projects and the target of Rs 24,000 crore in pre-sales demonstrates the company's commitment to innovation, quality, and customer satisfaction.
As the real estate market continues to evolve, Prestige Estates is poised to play a leading role in shaping the future of the industry.
Frequently Asked Questions
What is the value of projects Prestige Estates plans to launch?
Prestige Estates plans to launch projects worth Rs 30,000 crore.
What is the target for pre-sales by Prestige Estates?
Prestige Estates aims to achieve Rs 24,000 crore in pre-sales.
What types of projects will Prestige Estates launch?
The projects will be a mix of residential apartments, commercial complexes, and integrated townships.
What is Prestige Estates' focus on sustainability?
Prestige Estates is committed to incorporating green building technologies and energy-efficient solutions in its projects.
Where is Prestige Estates planning to expand its footprint?
Prestige Estates is exploring opportunities in Tier-II and Tier-III cities, where the demand for quality housing and commercial spaces is on the rise.
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