Prestige Group Latest News

Prestige Group is one of India’s top real estate companies. It builds homes, offices, malls, and hotels across many cities. The company is always growing, so there’s always something new happening. If you want to know what’s going on with them, this guide to the Prestige Group latest news today is perfect for you. Let’s look at the most recent updates in a way that’s easy to understand.

One big update in the Prestige News today is about sales. In FY 2023-24, Prestige Group had a record-breaking year. It sold properties worth over ₹21,000 crore. This is the highest it has ever achieved in one year. Most of these sales came from homes and apartments. This shows that more and more people trust Prestige Group when buying a house.

They also completed over 16 million square feet of construction. These were homes, offices, and malls across India. This success proves how fast the company is working and delivering projects.

Another exciting piece of Prestige Group latest news today is the launch of new real estate projects. They launched more than 20 million square feet of space this year. These projects are spread across cities like Bangalore, Hyderabad, Mumbai, and Chennai. They include large apartment towers, IT parks, and retail spaces.

Prestige Group also plans to launch over 15 more projects in the coming year. These will bring even more homes and jobs to Indian cities. Their plan is to build over 100 million square feet in the next few years.

Prestige is now working with global partners and investors to expand faster. The group is forming joint ventures to create mixed-use developments. These include malls, offices, and serviced apartments in one place.

One such partnership was signed recently for a huge land parcel in Mumbai. This land will be used to build high-end homes and offices. These deals are big news in the Indian real estate world.

The company continues to grow under the leadership of Irfan Razack, the Chairman and Managing Director. He is supported by his brothers, Rezwan Razack and Noaman Razack. Their teamwork and vision help the company stay ahead of others.

Irfan Razack is now among the top 50 richest Indians, with a personal worth of around $6 billion.

From record sales to new launches, the Prestige News today shows that the company is doing better than ever. The Prestige Group latest news today proves that the group is growing fast, building more homes, and reaching more cities. With a strong team and smart plans, the company is all set to make more big news in the future.

Prestige Group Prelaunch Project is Prestige Southern Star