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

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 th.....

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