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 EstateProperty SalesPrestige EstatesMumbaiBengaluruReal Estate MumbaiOct 08, 2025
During the second quarter of FY26, the developer posted sales of ₹6,017 crore, a 50% increase year-on-year, supported by sustained traction across residential markets. Sales volumes rose 47% YoY to 4.42 million sq ft, translating to 2,069 units sold. The average realization for apartments increased 8% YoY to ₹14,906 per sq ft, while plots saw a sharp 43% rise to ₹9,510 per sq ft. Collections for the quarter stood at ₹4,213 crore, up 54% YoY, reflecting continued buyer confidence and steady cash flow.
In the first half of FY26, Prestige clocked sales volumes of 13.96 million sq ft, representing 6,788 units sold. The average realization for apartments stood at ₹13,769 per sq ft, up 6% year-on-year, while plots averaged ₹8,425 per sq ft, up 17% over the same period last year. Collections rose 55% YoY to ₹8,736 crore, underlining the company’s strong operational performance.
Prestige launched 3.87 million sq ft of developable area during Q2 FY26 with a gross development value (GDV) of ₹3,967 crore, taking total launches in H1 FY26 to 18.81 million sq ft with a GDV of ₹17,592 crore. The performance was broad-based, with Bengaluru, NCR, and Mumbai contributing significantly to the sales momentum.
In the office segment, gross leasing during Q2 FY26 stood at 2.3 million sq ft, with portfolio occupancy at 93.42%. FY26 exit rentals are projected at ₹820 crore. The retail segment recorded a gross turnover of ₹624 crore, up 9% YoY, with footfalls of 4.8 million and a high portfolio occupancy of 99%. FY26 exit rentals for retail are estimated at ₹272 crore.
Irfan Razack, Chairman and Managing Director of Prestige Group, expressed his satisfaction with the company's performance. 'We are delighted to report an outstanding first half, marked by record sales and strong collections. What makes this performance even more gratifying is the contribution from multiple geographies — Bengaluru, NCR, and Mumbai have all delivered exceptionally well. In Mumbai, our flagship project Prestige Nautilus has been a remarkable success, achieving over 60% inventory sales with more than ₹4,400 crore in value within just a few months of launch. Our maiden project in NCR, The Prestige City Indirapuram, has seen tremendous response, clocking sales of ₹8,300+ crore and collections of around ₹1,500 crore in just a few months.'
He added, 'These instances reaffirm the strength of the Prestige brand and the enduring appetite for quality real estate across India. We remain focused on consolidating this growth through timely delivery, prudent financial management, and a pipeline of projects that continue to set benchmarks in the industry.'
Prestige Group, a diversified real estate developer with nearly four decades of experience, has a portfolio spanning residential, commercial, retail, hospitality, and integrated townships. As of June 2025, the company has delivered 307 projects covering 199 million sq ft and has a development pipeline of 132 projects across 200 million sq ft.
Frequently Asked Questions
What was the total sales figure for H1 FY26 for Prestige Estates?
Prestige Estates Projects Ltd reported a record half-yearly sales figure of ₹18,144 crore in H1 FY26.
By how much did the sales increase year-on-year in H1 FY26?
The sales increased by 157% year-on-year in H1 FY26.
Which cities contributed significantly to the sales growth?
Bengaluru, NCR, and Mumbai contributed significantly to the sales growth of Prestige Estates in H1 FY26.
What was the average realization per sq ft for apartments in Q2 FY26?
The average realization for apartments in Q2 FY26 was ₹14,906 per sq ft, an 8% increase year-on-year.
What is the projected FY26 exit rental for the office segment?
The projected FY26 exit rental for the office segment is ₹820 crore.
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