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Showing posts from May, 2021

Apartments For Sale In Sarjapur Road East Bangalore

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The Prestige City is a futuristically designed residential project by renowned builder Prestige Group, off Sarjapur road in Bangalore. Built-in Sarjapura road, this mega township development Prestige City houses Apartments , villas, plots and commercial space. The new launch project in Bangalore has a development size proposed to be over 12 million square feet spread across 100+ acres of total land area with multiple apartment towers, private villas within a gated community, and residential estates. This project is among Prestige Group's most awaited projects. Sarjapur Road host some of the best real estate project in east Bangalore. East Bangalore is a home for many IT companies. Sarjapur Road in east Bangalore is a rapidly developing real estate hub with many Information technology parks. With this pre-launch luxury apartment in Sarjapur road, Prestige will create another landmark. The Prestige City will have apartments of varied configurations. Five thousand plus apartments set

Prestige group puts its heart into Covid relief Bangalore

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Among various measures, Prestige Foundation has donated Rs 2 crore for Covid relief, set up more facilities at Vimalalaya Hospital and HBS Hospital in Bengaluru and at Kodagu Institute of Medical Sciences, vaccinated over 1,000 employees and frontline workers, and distributed 20,000 ration kits Irfan Razack, Prestige group CMD, sees the Covid crisis as an opportunity to support all those in need As India faces the brutal impact of the second Covid-19 wave, more corporates are chipping in with their support in the nation’s fight against the pandemic. Prestige Foundation, the CSR division of the Prestige group, has redoubled its Covid relief efforts, and since April 2021 has donated more than Rs 2 crore for the relief of those in immediate need. The Foundation has equipped an additional wing of Vimalalaya Hospital in Electronics City, run by the congregation of FIH Sisters (Franciscan Sisters of the Immaculate Heart of Mary) with 24 general ward beds, medical equipment such as ventilator

Coty (COTY) Q3 Earnings Match Estimates, Revenues Decline

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Coty Inc. COTY released third-quarter fiscal 2021 results, wherein the bottom line increased year over year and came in line with the Zacks Consensus Estimate. While the top line declined year over year, trends improved sequentially despite the pandemic-induced lockdowns in key markets, especially Western Europe. The company noted that sales in the prestige channel reverted to growth, as the effects of coronavirus decreased in a number of markets. The company saw strength in several core markets like China and the United States. Though sales in Europe have been under pressure, lifting of curbs is likely to aid improvement in the region, which is one of the key regions. The company also continued to gain from strong e-commerce operations. Apart from these, Coty remained focused on curtailing the cost structure in the third quarter, with savings amounting to nearly $110 million. Year to date, its cost savings amounted to more than $270 million. Well, the company is on track to achieve it

Second Waves in India Hits Real Estate Since 2008 COVID- 19

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COVID-19 second wave may pause realty sales momentum for now but demand set to rise The onset of the second wave of the Covid-19 pandemic across the country is expected to slow down the sales momentum as local restrictions and partial lockdowns in key property markets is expected to delay the conclusion of deals. The sales velocity gathered over the last seven months owing to record-low interest rates, offers from developers, stamp duty reduction and renewed interest among homebuyers for relatively bigger homes is likely to be impacted at least for the next few weeks. The portal will give realtime information about the list of private hospitals, availability of beds in every hospital, location and the contact of person in-charge of bed management. “The dashboard will save a lot of time for people searching for beds. Registrations dominated by deals transacted in lower stamp duty December-March period, new deals in April much lowe The onset of the second wave of the COVID-19 followed by