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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
  • 1177 Views
How Did DLF Achieve a 23% Profit Increase in Q1FY25?

DLF reported a 23% year-on-year growth in net profit to ₹646 crore in Q1FY25. Outstanding growth was fuelled by ₹6,404 crore in sales bookings, a 214% rise from the previous year. The company's consolidated revenue increased 14% year-over-year to ₹1,730 crore.

By Admin

  • 26th Jul 2024
  • 1232 Views
The Ultimate Guide to Indian Investment in Dubai Real Estate

Dubai's reputation as a favourable global hub for business and financial activities makes it a prime destination for Indian investors. The city's impressive economic growth, coupled with a business-friendly environment featuring minimal taxes, golden visas, and streamlined regulations.

By Admin

  • 13th Apr 2024
  • 1480 Views
2024 - Bengaluru Commercial Real Estate Market Facing Challenges

Commercial purchases in Bengaluru fell 14.3% to 12.5 million square feet in 2023. Knight Frank India ascribed this decline to US inflation and a slowing technology industry, which drives Bengaluru's office space demand.

By Admin

  • 9th Jan 2024
  • 1315 Views
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