Prestige Estates Projects Ltd has launched 620 flats in Ghaziabad, projecting Rs 2,200 crore in revenue as part of its expansion strategy. This follows the successful first phase of its township, ‘The Prestige City, Indirapuram’, which comprised 3,421 units. The company has reported a significant 50% increase in sales bookings to Rs 6,017.
The rupee at record low will end India’s cheap-money era
Elevated energy import costs have pushed the Indian rupee to a record low, prompting urgent questions about Reserve Bank of India rate hikes. Despite a