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1.Prestige Group inaugurates three properties

Prestige Group has inaugurated three properties, namely Prestige Gulmohar, Prestige Technostar and Prestige Falcon City, in Bengaluru.


2. Irfan Razack, CMD, Prestige Group, on the year that was for Indian realty and looking ahead

The real estate market has proved to be resilient in 2018. Despite witnessing several major policy changes with the implementation of RERA and GST, we have still managed to do well as an industry.


3.REITs: A boon to DLF, Prestige, Indiabulls, Essar to sell their stake to international institutional investors

The Real Estate Investment Trust (REIT) reform was heralded as the initiative that would bring depth to Indian commercial realty.


4.NBFC Crisis – Is India’s real estate on Tenterhooks?

It may be true that ‘when the going gets tough, the tough gets going,’ but this doesn’t hold true for the Indian real estate sector currently. The ongoing NBFC crisis post IL&FS default has made things even more difficult for developers.


5.What Buyers Want? - SOUTH

The market is evolving and developing. In Tamil Nadu, cities like Coimbatore have large chambers of Dell and Cognisant. Similarly, AIIMS have been planned in Madurai and Sellum.


6.We plan to take up smart cities and heavy civil infra projects, says Fayaz Kamaluddin, CEO, Mfar Constructions

Established in 1996 in Bengaluru, Mfar Constructions has emerged as a reliable construction company with a presence across India.


7.Prestige completes five developments

Prestige Group has inaugurated five completed developments in Karnataka. The properties include: Prestige Ivy Terraces (Residential); Prestige Bagamane Temple Bells (Residential); Prestige Sunrise Park (Residential); Prestige Saleh Ahmed (Commercial); and Prestige Logistics Centre (Industrial).


8.Budget Reactions | Real Estate

The government’s move to promote affordable housing by setting up a special fund is welcome. It will boost buyers’ sentiments and help revive the real estate market. We expected the government to give industry status to real estate sector, though its efforts to support infrastructural development is laudable.


9.Forum Centre City opens in Mysuru

Prestige Group has recently inaugurated its first property in Mysuru - Forum Centre City. This architecturally path-breaking iconic destination is located on Hyder Ali Road, Nazarbad.


10.Prestige Group acquires stakes worth Rs.324 crore

Prestige Group, through its subsidiary, has concluded acquisition of CapitaLand's stake in various SPVs for a total of about Rs 324 crore. The acquisition will boost Prestige's annuity portfolio with an estimated incremental rental income to the tune of Rs 75 crore per annum.