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Plan to grow annuity portfolio to over Rs 2,800 crore: Prestige Estates CEO

Venkat K Narayana, CEO of Prestige Estates Projects, tells Raghavendra Kamath that residential sales will do well due to multiple factors, and that demand for office properties will remain robust

Venkat K Narayana, CEO, Prestige Estates Projects
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Venkat K Narayana, CEO, Prestige Estates Projects

Raghavendra Kamath Mumbai
Bengaluru-based Prestige Estates Projects is looking to launch a slew of residential projects in FY22 and build its rental portfolio after the first phase of its deal with Blackstone. The company is also entering new geographies such as Mumbai and the Delhi National Capital Region (NCR). Venkat K Narayana, CEO of Prestige Estates Projects, tells Raghavendra Kamath that residential sales will do well due to multiple factors, and that demand for office properties will remain robust. Edited excerpts:

What is your outlook for the company’s residential sales in FY22?

Apart from the inventory of Rs 7503.6 crore, which is a

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First Published: Jun 23 2021 | 6:10 AM IST

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