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rishukamar

Strategic Expansion Across Key Markets Prestige Estates aims to expand into urban centers with high growth potential, such as Bengaluru, Mumbai, Chennai, Hyderabad, and NCR. In Noida, office space demand is surging, prompting Prestige Estates to consider developing small office space for sale to assist start-ups and growing businesses. The company has planned significant projects such as The Prestige City Indirapuram and Prestige Bougainvillea in NCR, Prestige Nautilus in Mumbai, and Prestige Pallava Gardens in Chennai. Furthermore, commercial buildings for sale in Noida are vital as the city transforms into a corporate hub, providing top-tier infrastructure for businesses. Financial Targets and Market Outlook Despite regulatory challenges causing a 36% year-on-year pre-sales decline (Rs 7,052 crore in H1 FY25), Prestige remains confident in its ambitious sales target. With over 53 million square feet of developable area, Prestige leverages market demand for residential and commercial space in Noida, and studio apartment prices, to drive growth. In the last fiscal year, sales bookings soared by 63%, reaching Rs 21,040 crore, indicating a surge in demand for luxury and affordable housing, shops in Noida, and office space in Noida Sector 132 and other vital areas. Navigating Challenges and Regulatory Approvals Regulatory approvals are crucial for Prestige's timely project launches. The company is actively engaging with authorities to streamline approvals, reducing execution delays. A significant challenge in real estate is balancing residential and commercial development. Noida sees a surge in corporate demand, prompting Prestige to explore office space for sale in Noida Sector 153 to attract multinational companies and growing enterprises. Diversification and Risk Management

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