real estate news
Prestige Estates Launches 620 Homes in Ghaziabad with ₹2,200 Crore GDV
Prestige Estates Projects Ltd has launched 620 residential units in Ghaziabad, marking a significant expansion in the Delhi-NCR real estate market. The project, named Mayflower, is part of the larger The Prestige City, Indirapuram, and has an estimated gross development value of ₹2,200 crore.
real estate news
Prestige Estates Projects: Strong H1 Sales and Q2 Demand Boost Investor Confidence
Prestige Estates Projects, a leading real estate major, has reported robust sales and demand in the first half (H1) of FY26, significantly boosting investor confidence. The company is on track to exceed its FY26 sales guidance, as brokerages predict continued growth.
Real Estate
Prestige Estates Q2 Sales Surge 50%: Nomura Names It Top Pick
Prestige Estates reports a 50% YoY sales jump in Q2, achieving 69% of FY26 guidance in just two quarters. Nomura reaffirms its 'Buy' rating and projects presales closer to Rs 29,000 crore.
real estate news
Prestige Estates Q2 Sales Surge 50%: Nomura’s Top Pick for Real Estate
Prestige Estates reports a 50% YoY sales jump in Q2FY26, achieving 69% of its FY26 guidance. Nomura reaffirms its 'Buy' rating and calls it a 'Top Pick' in the real estate sector.
real estate news
Prestige Estates Projects Surges 7% on Strong Q2 Business Update
Following a robust business update, shares of Prestige Estates Projects rallied 7% on Thursday. At 10:20 PM, the stock was trading at ₹1565.40. Here’s what you need to know about the company’s performance and future outlook.
Real Estate Mumbai
Prestige Estates Reports Record Rs 18,144 Crore Sales in H1 FY26, Surpassing FY25 Figures
Prestige Estates Projects Ltd achieved record half-yearly sales of ₹18,144 crore in H1 FY26, marking a 157% year-on-year increase. This robust growth was fueled by strong demand across Bengaluru, NCR, and Mumbai, higher property realizations, and a healthy project launch pipeline.
Real Estate
Prestige Estates Subsidiary Faces ₹154 Crore GST Show Cause Notice from DGGI
Prestige Estates Projects Ltd's subsidiary, Prestige Mulund Realty Private Limited, has received a significant GST show cause notice from the Directorate General of Goods & Services Tax Intelligence (DGGI) in Mumbai. The notice, dated October 6, 2025, demands an explanation for the non-payment or short-payment of GST amounting to ₹153.60 crore, along with penalties and interest.
Real Estate
Prestige Estates: Pan-India Expansion and Strong Execution Drive Stock Upside
Nomura has initiated coverage on Prestige Estates with a 'Buy' recommendation, citing the company's transformation into a pan-India real estate player and strong annuity and hotel portfolio. The brokerage sees a potential upside of nearly 17% from current levels.
Real Estate
Nomura Bullish on Prestige Estates: A Pan-India Player with Strong Growth Potential
Nomura has initiated coverage on Prestige Estates with a 'Buy' rating, citing the company's robust pan-India strategy and strong growth prospects in both residential and commercial segments.
real estate news
Nomura Bullish on Prestige Estates: A Pan-India Growth Strategy and Solid Upside Potential
Nomura has initiated coverage on Prestige Estates with a 'Buy' rating, citing the company's robust pan-India growth strategy and strong financial stability. The brokerage sees a potential 17% upside in the stock price, driven by strong pre-sales and a diverse portfolio.
Real Estate Mumbai
Nomura Bullish on Prestige Estates: Sees 17% Upside Potential
Global brokerage Nomura has initiated coverage on Prestige Estate Projects with a ‘Buy’ rating and a target price of ₹1,900, indicating a 17% upside. The firm is optimistic about the company's pan-India growth strategy and financial stability.
real estate news
Nitco Secures Rs 19.4 Crore Tile Orders for Major Real Estate Projects
Nitco has secured Rs 19.44 crore worth of tile and marble supply contracts from Prestige Estates and Lodha Group, boosting its presence in the premium building materials market. The orders will support major residential and commercial projects across India over the next 12 months.
Real Estate Mumbai
Former HDFC Bank Deputy MD Buys Ultra-Luxury Apartment in Mumbai for ₹52.49 Crore
Paresh Sukthankar, former Deputy Managing Director of HDFC Bank, has acquired a luxurious apartment in the prestigious Worli neighborhood of Mumbai. The deal, worth ₹52.49 crore, underscores the sustained demand for high-end real estate in the city.
Real Estate
Former HDFC Bank Deputy MD Acquires Luxurious ₹52.49 Crore Apartment in Mumbai’s Worli
Worli, a premier real estate hub in Mumbai, continues to attract high-value property deals. Former HDFC Bank Deputy Managing Director Paresh Sukthankar has recently purchased a luxury apartment worth ₹52.49 crore in the prestigious Worli neighborhood.
Real Estate
DLF, Prestige, Godrej Lead in ₹1.49 Lakh Crore FY26 Pre-Sales Push
India’s leading real estate developers, DLF, Prestige Estates, and Godrej Properties, are set to achieve significant pre-sales targets for FY26, driven by disciplined balance sheets and aggressive land strategies.
Real Estate Mumbai
India's Listed Real Estate Firms Achieve ₹53,000 Crore in Property Sales in Q1 FY26
India's 28 listed real estate companies collectively sold properties worth ₹53,000 crore in the April-June quarter, with Bengaluru-based Prestige Estates leading the pack.
Real Estate
India's Listed Realty Firms Record ₹53,000 Crore in Property Sales; Prestige Group Leads
India's 28 listed real estate companies have collectively sold properties worth ₹53,000 crore in the April-June quarter, with Bengaluru-based Prestige Estates Projects Ltd leading the pack with pre-sales of ₹12,126.4 crore.
Real Estate Mumbai
Prestige Surges Past DLF and Godrej in Q1 Sales, Boosting India's Real Estate Market
India's leading real estate developers logged Rs 53,000 crore in sales during Q1 of FY26, with Bengaluru-based Prestige Estates leading the pack. The strong performance reflects sustained demand for housing, particularly in luxury and premium segments.
Real Estate
Prestige Surges Ahead of DLF and Godrej in Q1 Sales, Driving India's Real Estate Boom
India’s listed real estate developers have collectively sold properties worth nearly Rs 53,000 crore in the first quarter of FY26, with Prestige Estates leading the pack. This surge reflects sustained demand for housing, especially in luxury and premium projects.
real estate news
Prestige Surges Ahead in Q1 Sales, Leading India's Top Real Estate Firms
Prestige Estates Projects Ltd leads the pack with record sales in Q1 of FY26, closely followed by DLF and Godrej Properties. The robust performance of these top developers underscores the strong demand for residential properties in India.