Prajay Engineers Syndicate Limited
Climate Impact & Sustainability Data (2017-03 to 2018-03)
Reporting Period: 2017-03 to 2018-03
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Adverse market conditions in Real Estate and construction sectors in and around Hyderabad
- Increase in cost of key inputs
- Status Quo imposed by NCLT on impugned properties, preventing property sales and investment realization.
Mitigation Strategies
- Efforts to repay defaulted amounts to banks through One Time Settlements.
- Focus on less capital-intensive projects, sharing and development management models, and sourcing land with large capital requirements under a residential co-investment platform.