Real Estate Pune
Prestige Group Aims for ₹50,000 Crore Home Sales by FY30, Expands into Pune and Gurugram
Prestige Group, a leading real estate developer, has set an ambitious target of achieving ₹50,000 crore in home sales by FY30, nearly tripling its FY25 sales. The company is expanding into new markets like Pune and Gurugram to capitalize on growing demand.
real estate news
Prestige Group Aims for ₹50,000 Crore Home Sales by FY29-30
Bengaluru-based Prestige Group plans to achieve ₹50,000 crore in home sales by FY29-30, nearly tripling last year’s ₹17,000 crore. The company will focus on the ₹2–3 crore segment, which captures the bulk of genuine housing demand, while also exploring new markets.
real estate news
India's Top 28 Listed Realty Firms Report ₹53k Cr Property Sales in Q1 FY26: Prestige Group Leads
India's 28 listed real estate companies have collectively sold properties worth nearly ₹53,000 crore in the April-June quarter of FY26, with Bengaluru-based Prestige Group leading the pack. This surge in sales reflects a strong revival in India's housing market, particularly in the residential segment.
Real Estate Maharashtra
Prestige Group and Maharashtra Government Ink Rs 12,500-Crore Deal for Three Major Projects
Prestige Estates Projects Ltd and the Maharashtra government have signed a Rs 12,500-crore deal for a data center, a global competency center, and a logistics facility with residential and commercial properties. The projects are expected to generate around 8,700 direct jobs and thousands of indirect opportunities, set to commence in 2026.
Real Estate Maharashtra
Maharashtra Govt. Signs Rs 12,500 Crore MoU with Prestige Group for Advanced Infrastructure Projects
The Maharashtra government has inked a significant MoU with real estate giant Prestige Group, aimed at investing Rs 12,500 crore in data centres, logistics hubs, and global capability centre (GCC) parks in Navi Mumbai and surrounding areas.
Real Estate
Maharashtra Govt and Prestige Group Sign Rs 12,500 Crore Investment Deal for Logistics and Data Centres
The government of Maharashtra has signed a Memorandum of Understanding (MoU) with Prestige Group for a Rs 12,500 crore investment in logistics, data centres, and Global Capability Centres (GCC) in and around Navi Mumbai. The investment is expected to create thousands of jobs and boost the state's industrial and technological infrastructure.
Real Estate Mumbai
Maharashtra Govt and Prestige Group Sign Rs 12,500 Crore Investment Pact for Logistics and Data Centres
The Maharashtra government has signed a Memorandum of Understanding (MoU) with Prestige Group for a Rs 12,500 crore investment in logistics, data centres, and Global Capability Centre (GCC) parks in and around Navi Mumbai. This investment is expected to create thousands of direct jobs and boost the state’s growth in key sectors.
Real Estate
Prestige Group Acquires 102 Acres for Rs 204 Billion Housing Projects
Prestige Estates Projects, one of India's leading real estate developers, has acquired 102 acres of land across Bengaluru, Hyderabad, and Chennai to expand its housing projects.
Real Estate
Prestige Group Acquires 102 Acres for Rs 200 Billion Housing Projects in Bengaluru
The Bengaluru-based real estate giant, Prestige Group, has made a significant land acquisition, purchasing 102 acres for Rs 200 billion to develop premium and mid-income housing projects in the city.
real estate news
Prestige Group Acquires 102 Acres for Rs 200 Billion Housing Projects
Prestige Group has made a significant land acquisition, securing 102 acres of land for Rs 200 billion to develop housing projects in key cities like Bengaluru, Hyderabad, and Chennai.
Real Estate
Prestige Group Acquires 102 Acres for ₹20,400 Crore Housing Projects
Prestige Estates Projects Ltd has secured 102 acres of land in major cities to develop residential projects worth ₹20,400 crore. The company also reported a 26% increase in net profit to ₹292.5 crore in Q1 FY26.
Real Estate Mumbai
Prestige Group Surpasses 2,301 Home Sales in Q4 FY25, Mumbai Outshines Bengaluru
Prestige Group achieved a significant milestone in Q4 FY25, selling 2,301 homes with Mumbai surpassing Bengaluru in sales for the first time. The company's robust performance is driven by strong demand in premium and luxury housing segments.
Real Estate Mumbai
Prestige Group Acquires 102 Acres for Rs 20,000 Crore Residential Projects
Prestige Estates Projects Ltd has acquired 102 acres of land in Q1 to build residential projects worth Rs 20,000 crore, expanding its presence in Bengaluru, Hyderabad, Chennai, and Mumbai.
Real Estate
CAM Advises on Development of World-Class Convention and Exhibition Centre at Bengaluru Airport City
CAM provided legal advice on a significant real estate deal involving the development of a state-of-the-art Convention and Exhibition Centre at Bengaluru Airport City. This project brings together the expertise of the Prestige Group and the vision of Bengaluru Airport City Limited, marking a major milestone in South India's infrastructure development.
Real Estate
Prestige Group Shifts Focus to ₹2-3 Crore Mid-Market Homes Amid Rising Demand
Bengaluru-based Prestige Group is pivoting towards the mid-market housing segment in the ₹2-3 crore range to cater to the growing demand from salaried homebuyers. The group aims to launch projects worth ₹50,000 crore by FY28-29, with a strong focus on tech-driven cities like Bengaluru and Hyderabad.
Real Estate
Prestige Group and Arihant Group Join Forces for ₹1,600 Crore Residential Project in Chennai
Bengaluru-based real estate developer Prestige Group and Chennai-based Arihant Group have announced a strategic partnership to jointly acquire a prime 3.48-acre land parcel in Velachery, Chennai, for a residential project with an estimated Gross Development Value (GDV) of over ₹1,600 crore.
real estate news
Prestige Group and Chennai-Based Arihant Form JV for Rs 1,600 Crore Residential Project
Prestige Group and Arihant Foundations and Housing Ltd have formed a joint venture to develop a 3.5-acre residential project in Chennai, with a revenue potential of over Rs 1,600 crore. The project is set to enhance the premium residential landscape in Velachery.
Real Estate
Prestige Group Targets Rs 500 Billion in Residential Launches for FY25
Bengaluru-based real estate developer, Prestige Group, is gearing up for a massive expansion with residential project launches worth over Rs 500 billion in gross development value (GDV) for the fiscal year 2025.
Real Estate Pune
Prestige Group to Launch ₹50,000 Crore Worth of Homes in FY26
Bengaluru-based real estate developer Prestige Group plans to launch residential projects with a total gross development value (GDV) of ₹50,000 crore across key markets such as Goa, Bengaluru, Delhi, Hyderabad, Chennai, and Mumbai in the current financial year.
Real Estate Mumbai
Prestige Group Anticipates Rise in Mid-Income Home Prices
Prestige Group, a leading real estate developer, expects residential property prices to increase in FY26, with mid-market homes seeing a 5-7% hike. The company is also launching new projects in major cities.