Prestige Estates Projects to Roll Out 25 Residential Projects in FY26
Bengaluru-based real estate developer Prestige Estates Projects plans to launch 25 residential projects across major Indian cities in FY26, aiming to tap into strong consumer demand and generate a gross development value of Rs 42,120 crore.
Real EstateResidential ProjectsPrestige EstatesIndian CitiesGross Development ValueReal EstateJun 03, 2025
This marks a sharp uptick in activity compared to FY25, during which the company launched only 26.28 million sq. ft. of projects worth Rs 26,222.8 crore, primarily due to delays in obtaining regulatory approvals. The company has been actively working to streamline its regulatory processes to ensure smoother project rollouts in the coming fiscal year.
In terms of pricing, the average realisation for apartments, villas, and commercial properties rose by 36 percent year-on-year (y-o-y) to Rs 14,113 per sq. ft., while plot sales rose by 50 percent y-o-y to Rs 7,167 per sq. ft. This significant increase in pricing reflects the strong market demand and the company's strategic positioning in premium locations.
Prestige Estates Projects has a robust pipeline of projects, and the company is well-positioned to capitalize on the growing real estate market in India. The focus on major cities like Bengaluru, Chennai, Hyderabad, Mumbai, and Delhi-NCR is a testament to the company's commitment to expanding its footprint in key urban centers. Additionally, the inclusion of Goa in the project list highlights the company's interest in the growing real estate market in tourist destinations.
The company's strategic approach to project development is centered around delivering high-quality, sustainable, and innovative residential solutions. With a strong emphasis on customer satisfaction and a deep understanding of market trends, Prestige Estates Projects is poised to continue its growth trajectory in the coming years.
In the current economic landscape, the real estate sector is witnessing a resurgence, driven by favorable government policies, improved infrastructure, and increasing consumer confidence. Prestige Estates Projects is well-prepared to leverage these opportunities and deliver value to its stakeholders. The company's planned launches in FY26 are expected to further solidify its position as a leading real estate developer in India.
Frequently Asked Questions
How many residential projects does Prestige Estates plan to launch in FY26?
Prestige Estates plans to launch 25 residential projects in FY26.
What is the total developable area of these projects?
The total developable area of the projects is 44.80 million sq. ft.
What is the expected gross development value (GDV) of these projects?
The expected gross development value (GDV) of these projects is Rs 42,120 crore.
In which cities are these projects located?
The projects are located in Bengaluru, Chennai, Hyderabad, Mumbai, Delhi-NCR, and Goa.
What is the average realisation for apartments, villas, and commercial properties?
The average realisation for apartments, villas, and commercial properties is Rs 14,113 per sq. ft.
Related News Articles
Maharashtra's Real Estate Market Sees Upsurge in Property Registrations
Maharashtra's real estate market experiences a boost in property registrations and revenue despite unchanged RR rates, indicating a shift towards high-value transactions.
Top Stock Picks for Short-Term Gains: Bajaj Finserv, HDFC Life, HDFC Bank, and LIC Housing Finance
Market tech analysts Soni Patnaik, Mitessh Thakkar, and F&O analyst Rajesh Palviya recommend these stocks for short-term gains.
3 Financial Stocks Show Promise, Real Estate Overhyped: Samir Arora
Samir Arora, Founder of Helios Capital, highlights the potential of some NBFCs and microfinance companies, while expressing concerns about the real estate sector being overdone. He believes that HDFC Bank, Kotak Bank, and Bajaj Finance, which have underpe
NBT Office Relocation and Pune Book Festival Expected to Draw 7.5 Lakh Visitors
The National Book Trust (NBT) is set to shift its office to the city, a move that coincides with the highly anticipated Pune Book Festival. The festival, expected to attract 7.5 lakh visitors, is a significant cultural event that showcases a wide array of
Metro Brands Promoters Acquire Five Luxury Apartments in Mumbai's Worli for ₹405 Crore
The promoters of footwear retailer Metro Brands have made a significant investment in Mumbai's luxury real estate market by purchasing five apartments in the Worli area for ₹405 crore. These apartments are located in one of the city's tallest buildings, P
Maharashtra Real Estate: Majority of Developers Update Project Details for MahaRERA Compliance
A significant number of real estate developers in Maharashtra have taken steps to improve their compliance with the Maharashtra Real Estate Regulatory Authority (MahaRERA) by updating their project details. This move reflects a growing commitment to trans