Prestige Estates Projects is targeting Rs 550 crore of rental income per annum by FY17 and expects Rs 5,000 crore of pre-sales in FY15. The company’s ‘Prestige Falcon City’ in Bangalore has seen good pre-launch. The company is waiting for final approval on ‘Prestige Temple Bells’ on Mysore Road, which it expects to launch next quarter.
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