Prestige Estates Projects Ltd - Company Profile
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Prestige Estates Projects Ltd (PEPL) is a real estate development company. The company’s strong project portfolio, business performance of Residential segment, and brand portfolio are its major strengths, even as the debt remains a cause for concern. A positive outlook for the Indian construction industry, acquisitions, and growth initiatives could provide growth opportunities to the company. However, increase in minimum wages in India, the inability to collect rent from tenants, and intense competition could affect the company’s performance.
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