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Prestige Estates Projects reported a net profit of ₹43.10 crore for Q4 FY25, a significant drop from ₹235.90 crore in the same quarter last year.

Prestige reports ₹1,589.3 Cr income (down 28.81% YoY), but sees strong pre-sales, new launches, and a ₹24,500 Cr Mumbai project with Valor Estate.

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Tier II cities are rapidly emerging as commercial real estate hotspots, driven by rising operational costs in metros, availability of skilled talent, and improved infrastructure.

Coimbatore, Bhubaneswar & Kochi see rising MNC interest due to lower costs, but infra, bandwidth issues challenge Tier II/III office space growth.

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