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Q4 Preview: Mixed bag for realtors amid moderating residential demand

Business Standard LogoBusiness Standard4d ago

Q4 Preview: Mixed bag for realtors amid moderating residential demand - Business Standard

Quick Summary:

Prestige Estates, another Bengaluru-based developer, also missed its annual guidance due to delays in planned Q4 launches, although it managed to launch four projects: Suncrest, Nautilus, Southern Star and Spring Heights.

However, collections and operating cash flows are likely to remain tepid at 0 to 5 per cent due to slower sales velocity, while fixed costs and business development commitments remain elevated,” said Mahaveer Jain, director, India Ratings & Research.

Approval challenges faced earlier in FY25 by Bengaluru developers appeared to ease in Q4, leading both firms to be projected to post healthy topline growth, according to Bloomberg estimates.

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Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-11 @ 15:04:43 (4 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 772 words

Reading Time: 5 minutes read

Sentences: 5 lines

Sentence Length: 155 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27786177

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 291 posts per day

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News Last Updated: 7 hours ago

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Publisher ID: #49

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