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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...

Investing in Prestige City is the best decision? Are you a commuter traversing  a very long distance to reach your work location at East Bangalore and planning to buy a residence  close to your  work place? If so, Prestige Group brings to you an exquisite new pre-launch project – Prestige City with 1BHK, 2BHK, 2.5 BHK and 3 BHK apartments spread across 10 acres located at Sarjapur Road near Sarjapur Road Village of East Bangalore . This colossal venture is a jumbo package with Lush amenities  and attractive prices. "Add Prestige to your life" - as the motto suggests, the Prestige Group continues to develop and deliver worldclass properties and created outstanding residential complexes, along with large townships, tech parks, hotels, luxury villas, and SEZs across India. They have also redefined the concept of malls with their extraordinary 'Forum' brand across South India, and created internationally renowned hotels in India as well. Prestigecity Master Plan and Flo...

Although the Indian real estate sector has had reason to cheer in the last six months as pent-up demand has boosted sales, even if developers are able to liquidate unsold inventory — as they have been doing in the past few months — a recovery in prices could still take two years, according to brokerage UBS. “If all the stars align — ie, inventory depletion continues the same way as it has in the past — we believe we are at least two years away from a recovery in property cycle (in terms of prices), although recovery in Hyderabad and Pune may come sooner. If depletion does not continue as we assume it will, we could be in for a longer stay at the bottom of the cycle,” the brokerage said in a report. UBS said a revival in struggling projects increases customer choice, which would keep prices in check and impact the property cycle recovery. “Stamp duty cuts, builders’ deals/ discounts and old sales registrations have resulted in a significant increase in property registrations across Maha...

 About Prestige Group Prestige Group, one among the leading land developers within the country, features a legacy of over three decades in land development. it's diversified business models across the Residential, Office, Retail, and Hospitality segments with operations in 12 key locations in India. As of 31 March 2020, the Group has completed 247 projects with developable area of 134 mn sft and has 45 ongoing projects across segments, with total developable area of 52 mn sft. Further it's 57 mn sft under planning and holds a land bank with potential developable area of over 27 mn sft. the corporate has been graded CRISIL DA1 by CRISIL and also enjoys credit rating of ICRA A+. The consolidated turnover of the corporate for the year ended March 31, 2020 is INR 82433 Mn. August 2020 marks a key milestone, with the virtual launch of three Prestige properties – Prestige Ocean Crest (the company’s very first property in Goa), Prestige Primrose Hills (Bengaluru), and Prestige Waterfo...