InvestorQ : Why is Prestige Real Estate launching new realty projects in these bad markets?
Moii Chavate made post

Why is Prestige Real Estate launching new realty projects in these bad markets?

Answer
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Tisha Malhotra answered.
3 weeks ago


In the midst of this slowdown, Prestige has received an overwhelming response to two projects launched earlier this month. Both were launched virtually and now the response has enthused the Prestige to launch its third premium property, Prestige Waterford in Whitefield, Bengaluru.

Prestige Group has been trying to lead from the front to get real estate industry back on track after the pandemic. However, it has held that real estate has perennial demand if a good product is offered at a reasonable price.

Prestige has also mentioned that the unprecedented response had provided the much-needed impetus and boosted customer confidence in the midst of troubled times. The solid response came from domestic buyers and also from NRIs.