Prestige Estates continues to rise for a second day after the company's arm, Exora Business Park begins exploratory talks to divest significant minority stake to GIC. In an interview with CNBC-TV18, Irfan Razack, CMD of Prestige Estates spoke about the latest happenings in his company and sector.

See substantial launches in Q4FY18; HDFC deal to bring more capital: Prestige Estates

on't expect margins to be eroded due to affordable housing business, said Irfan Razack, CMD, Prestige Estates.

New launches in next few quarters will help achieve FY18 guidance: Prestige Estates

Prestige Estates Projects is in focus after the company acquired about 67 percent stake in Prestige Projects for Rs 324 crore. In an interview to CNBC-TV18, Irfan Razack, CMD of Prestige Estates spoke at length about the same and about relaxed investment norms for REITs.

Should be able to maintain current performance; GST a positive move: Prestige Estates

Prestige Estates Projects posted a good set of earnings in Q1 as revenues see a healthy jump. In an interview to CNBC-TV18, Irfan Razack, CMD of Prestige Estates spoke about the results and his outlook for the company.

GST & RERA will create confusion among consumers & developers at start: Prestige

As the economy gears up for the goods and services tax (GST), the real estate sector is the one in focus today. The sector will attract a tax rate of 12 percent but there will also be availability of input tax credit on construction materials.

Looking to segregate businesses into separate segments: Prestige Estates

The company is dealing in different asset classes and each of these asset classes business has grown to a large extent. "So we felt to segregate each of these businesses, office, retail, hospitality and residential, into separate segments", Irfan Razack, CMD of Prestige Estates told CNBC-TV18.

Housing market stagnant but office rental space shows improvement: Real Estate Experts

Be selective in the real estate space, focus on players that have operational assets, says Adhidev Chattopadhyay, Real Estate Analyst, Emkay Global Financial Services.

Prestige Estates to scale down guidance for FY17

Speaking to CNBC-TV18, Irfan Razack, CMD of Prestige Estates said that the company will not be able to meet its FY17 new sales guidance and will have to scale it down.

No new launches likely in current quarter: Prestige Estates

No new launches are expected in the current quarter, says Irfan Razack, CMD of Prestige Estates Projects in an interview to CNBC-TV18.

Demonetisation: Right time to buy property; price fall unlikely:Prestige Estates

Time is in fact right to buy property because the fall in property prices is unlikely, says Irfan Razack, Chairman and Managing Director, Prestige Estates.

Will meet FY17 sales guidance of Rs 3250 cr: Prestige Estates

In an interview with CNBC-TV18, Irfan Razack, CMD of Prestige Estates said that the revenues fell due to less recognition in this quarter but he is confident to meet the sales guidance of Rs 3,250 crore in FY17.

New launches, inventory to push FY17 growth: Prestige Estates

Mid-income housing is expected to grow strongly in FY17, says Irfan Razack, CMD of Prestige Estates.

Q4 sales may be up 50% QoQ, to help beat FY16 guidance: Prestige

Strong sales from the new launches had been factored into our FY16 revenue guidance of Rs 3500 crore given out in February, but it is likely to exceed that, says Irfan Razack, chairman and managing director of Prestige Estates.

Realty Bill may not impact organised players adversely:Elara Cap

Adhidev Chattopadhyay, Real Estate Analyst at Elara Capital likes Oberoi Realty, Godrej Projects from Mumbai and Sobha Developers, Prestige and Brigade Enterprises from Bangaluru.

Prestige Estates way off FY16 guidance course; what went wrong?

In an interview with CNBC-TV18, Irfan Razack, CMD, Prestige Estates Projects, spoke about the company's third quarter earnings and the fact that the company will all but miss its fiscal year 2016 launches and leasing guidance.

Exora buy to help attain rental income target: Prestige Est

Irfan Razack, Chairman & Managing Director, Prestige Estates says construction of malls and commercial property will add to the company's rental portfolio, which may go upto Rs 800-850 crore.

To launch 14 mn sq ft in FY16: Prestige Estates

Irfan Razack, Chairman and Managing Director, Prestige Estates, says a total of five new projects in Bangalore and Mangalore are ready for launch.

Song of the South to aid Q2 results: Prestige Estates

Speaking to CNBC-TV18, Irfan Razack, CMD of Prestige Estates says Prestige launched its project Prestige Song of the South this quarter. This project of over 2,000 homes will help maintain the company‘s numbers.

Bengaluru realty prices `real', will not fall: Prestige

Bengaluru real estate market has seen a subdued demand in residential market but Irfan Razack, CMD of Bengaluru based Prestige Estates says that's because of a lengthy approval process for new projects.

Aim for over 10mn sq ft projects in FY16: Prestige Estates

The company would continue to grow on all parameters in FY16 with project pipeline of over 10 million square feet mainly in Bangalore, Chennai and Kochi, said Venkat Narayana, CFO, Prestige Estates.

To beat FY15 sales guidance of Rs 5K-cr: Prestige Estates

Going forward the company is confident of attaining 15-20 percent growth and expect revenues from Kochi and Chennai to improve significantly in FY16, said Irfan Razack, CMD of Prestige Estates.

Can surpass Rs 5000cr FY15 sales guidance: Prestige Estates

Irfan Razack, chairman and managing director Prestige Estates says the company has a strong launch pipeline for Q4.

No plans to launch new projects this quarter: Prestige Est

In an interview to CNBC-TV18, Irfan Razack, CMD of Prestige Estates, discusses the company‘s earnings and its plans ahead.

See big boost for affordable housing: DLF's Talwar

Rajeev Talwar, ED, DLF says the finance minister seems to be responding to the realty sectors woes and that this move will give big boost to affordable housing.

To surpass Rs 5k cr sales guidance for FY15: Prestige Est

In an interview to CNBC-TV18, Irfan Razack, CMD, Prestige Estates, said the average realization stands at Rs 5,800 per sq ft against Rs 6,200 /sq ft on a quarter-on-quarter basis.