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.
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