PESL takes great pride in its ability to create a superior product for households with a mix of incomes.
PESL provides a full range of services catering to both industrial and office needs.
PESL has forayed into the hospitality sector and has framed aggressive plans for success in this sector.
PRAJAY : FACTSHEET
Promoted by Mr. Chandra Mohan Reddy
A 25 years old partnership firm converted into a public limited company in the year 1994
Pioneers in construction activities in the twin cities of Hyderabad-Secunderabad
Diversion of activities in hospitality business with Celebrity Club spread across 180 acres
Leader in introducing the concept of low cost housing in twin cities
Dedicated to introduce innovations in construction field
Nearly 20 years of experience in real estate
Established brand name in housing and hospitability in Hyderabad
Pioneer of low cost quality housing in AP
Leader in providing housing units in and around Hyderabad
Key developments include, residential flats, townships, shopping malls, office buildings and group housings
Recipient of prestigious CITD award for excellence in construction 3 times
Venture into the hospitality business in the year 2000
80% of the customers are end user of housing units
Consistent forays into new ventures to stay competitive
Current focus on niche housing projects
Earning consistent profits since it went public in the year 1996
Achieved a CAGR of 11.02% in sales during the period 2001-2005
High reputation in construction industry in Hyderabad
Focus on innovation in design and quality
Winner of prestigious CITD National Gold Award for a record 4 times
Successful execution of over 50 projects till date
Track record of completing projects within scheduled time and cost
Low delinquency rate
Assistance in finance arrangements for the customers
100% track record of customer satisfaction
Most of the projects to be undertaken are tax exempt u/s 80I of the IT Act,1961
Managed by well qualified promoters from diverse fields who have vast knowledge of the market
All projects are endorsed by leading financial institutions
Credit rating of A+ and above from the FIs
Foray into Hospitality, retail and infrastructure sector
To benefit from upcoming International airport and Ring road in Hyderabad
Prajay has quickly become Hyderabad’s fastest growing Development and Construction company. We believe the reason for this is our commitment to quality with personal attention to every detail. Prajay provides clients with a comprehensive approach to quality construction, attention to detail and concentration on value at every step.
At Prajay, aales and net profit is projected to grow by 191% and 141% respectively in FY06. PESL has recorded an impressive growth of 471% in net profit for the year ended March 31st, 2005 mainly on account of commissioning of its housing project Prajay Sairam and sale of its ground floor of the complex at Begumpet. The sales have increased by 31% during the same year. The company has entered an extraordinary growth period which is likely to last for several years.
