Prestige Estates: Record Pre-Sales of Rs 30,024 Cr

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Apr 08, 2026 10:36

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Prestige Estates FY26 pre-sales surged 76% to a record Rs 30,024 crore. Strong housing demand drives growth in key markets. Read more!
Prestige Estates: Record Pre-Sales of Rs 30,024 Cr
New Delhi, Apr 8 (PTI) Realty firm Prestige Estates Projects Ltd's pre-sales rose 10 per cent to Rs 7,697 crore in the fourth quarter of the last fiscal on better demand for its housing properties.

According to its latest operational update, the company's pre-sales or sales bookings stood at a record Rs 30,024 crore in the 2025-26 fiscal, up 76 per cent from the preceding year.

Irfan Razack, Chairman and Managing Director, said the company has closed FY26 on a strong note, with steady sales momentum through the last financial year and a good finish in the fourth quarter.

"Demand across our key markets has remained encouraging, and our focus on quality, location, and timely execution continues to resonate well with customers," he said.


Razack said the company has a robust pipeline of upcoming launches across geographies and hence optimistic about sustaining this momentum during the current fiscal.

Prestige Estates said the sales momentum remained consistent across both new launches and ongoing inventory, reflecting resilient end-user demand.

Bengaluru, Delhi-NCR, Mumbai, Hyderabad, and Chennai contributed a lot to the overall sales.

Listed real estate firms have been performing well, despite some softness in demand in the overall housing market. Post-COVID pandemic, the demand is gradually shifting towards big branded developers with better credibility.

As at December 2025, the Prestige Group has delivered 313 projects spanning 206 million sq ft and currently has a pipeline of 128 projects across 195 million sq ft.
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