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Prestige New Projects In Bangalore
Prestige has twisted the skyline of South India with developments across across Residential, Commercial, Retail, Leisure & Hospitality sectors. Having finished 163 Projects spanning a total developed area of over 46.97 million sqft, Prestige has 33 in progress projects include around 36.7 million sqft & 31 upcoming projects, totalling 16.18 million sqft, which consist of apartment enclaves, shopping malls and business structures.
The 15 Awards received across different categories at the newly concluded International Property Awards, Asia Pacific 2012-13, only serve as testimony to Prestige's work, making them a trustworthy name in the Real Estate sector. So, go ahead and Add Prestige to your life..
The Bangalore shaped publicly hold realtor, Prestige Group has planned out a stout growth devise during calendar year 2013. The association is formulation to launch 20 million block feet of residential projects by a year as compared to a 15 million block feet to growth reverse resources during FY 2012.
As of now many existing areas in Bangalore are rapid coming overabundance due to numerous existent hurdles ...
... as well as infrastructural constraints. The conditions would advise as there would be expansion in comparison areas in Bangalore counting townships in Sarjapur, Kanakpura and North Bangalore intended by Prestige.
Prestige will be opening of numerous of a sell projects during 2013 starting with a Forum Vijaya Mall in Chennai, followed by a opening of Forum Sujana in Hyderabad and Forum Mangalore so imprinting a sell enlargement opposite South Indian cities. On a liberality front, it will start handling Oakwood Service Residences in Whitefield and an Aloft Hotel in an ORR, Bangalore.
In serve to residential and sell space, Prestige Group has also been creation poignant swelling in blurb rental market. The department marketplace has witnessed a solid expansion rate basically driven by an IT/ ITES Industry. It has by now leased out retail/office spaces of approx 2.5 million sq ft in CY12 and aim to franchise out about 3 million sq ft of retail/commercial space in CY2013. some of a sell and blurb projects are now under expansion and on lane to achieving let revenues of Rs 500-550 crore by a year 2015, that should serve up strengthen and boost a stabilize and reasonable money flows for a group.
Prestige has ended 157 projects spanning a total developed area of over 44.08 million sqft across residential, commercial, retail, free time and hospitality sectors.
During 2013, Prestige will be opening of several of its retail projects, starting with the Forum Vijaya Mall in Chennai, followed by the opening of Forum Sujana in Hyderabad and Forum Mangalore thus marking its retail expansion across South India. "On the hospitality front, we will also soon begin operating Oakwood Service Residences in Whitefield and the Aloft Hotel in the ORR, Bangalore," Razack noted.
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