BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Nirmal Bang Report
As part of our annual conference, we interacted with the management of Prestige Estate Projects Ltd. regarding the current outlook for residential and commercial projects as a whole and the outlook for its business. The key takeaways of the discussion include:
timely execution and demand for Mumbai Metropolitan Region projects hold the key to growth,
real estate fund shall be used to create land bank,
commercial projects in Mumbai are on track,
proceeds received from the Blackstone deal has helped Prestige Estate to repay debt,
hotel industry has turned Ebitda positive,
five-year strategy plan for the company.
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