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Prestige Estates Projects Limited — Interim / Quarterly Report 2026
Oct 8, 2025
62301_rns_2025-10-08_c6d1b491-1b89-4a73-af22-76a25e9b873e.pdf
Interim / Quarterly Report
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Date: October 08, 2025
To,
| The General Manager Dept. of Corporate Services National Stock Exchange of India Limited Bandra Kurla Complex Bandra (E) Mumbai-400051 NSE Symbol: PRESTIGE |
The Manager Dept. of Corporate Services BSE Limited Floor 25, P J Towers Dalal Street Mumbai – 400 001 BSE Scrip code: 533274 |
|
|---|---|---|
Dear Sir / Madam,
Sub: Operations update for the quarter and half year ended September 30, 2025.
With reference to the above captioned subject, please find enclosed update on the operations of the Company for the quarter and half year ended September 30, 2025.
Kindly take the same on your records.
Thanking you,
Yours faithfully,
For Prestige Estates Projects Limited
VENKATARATHNAIA Digitally signed by VENKATARATHNAIAH H SETTY JEELAKUNTE SETTY JEELAKUNTE MANOJ KRISHNA MANOJ KRISHNA
Manoj Krishna J V
Company Secretary and Compliance Officer
Encl a/a
Prestige Estates Projects Limited , Prestige Falcon Towers, No 19 Brunton Road, Bangalore - 560 025. Phone : +91 80 25591080 Fax : +91 80 25591945 E-mail : [email protected] www.prestigeconstructions.com CIN : L07010KA1997PLC022322
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Press Release For Immediate Circulation
Prestige Estates Reports Highest-Ever H1 Sales of ₹1,81,437 Mn, Exceeding Full-Year FY25 Sales in H1 FY26
Robust sales momentum, strong collections, and healthy launches drive exceptional growth across geographies.
Bengaluru, 8[th] October 2025: Prestige Estates Projects Limited, one of India’s leading real estate developers, announced a stellar operational performance for the quarter and half year ended September 30, 2025. Riding on sustained demand and strategic launches, the Group achieved record-breaking sales of ₹1,81,437 million in H1 FY26 , up 157% year-on-year, . surpassing its full-year FY25 sales
During Q2 FY26 , Prestige recorded sales of ₹60,173 million , marking a 50% year-on-year growth, driven by robust demand across markets and segments. Sales volume for the quarter stood at 4.42 million square feet, up 47% year-on-year, translating to 2,069 units sold . The average realization for apartments rose 8% year-on-year to ₹14,906 per square foot , while plots saw a sharp 43% increase in realization to ₹9,510 per square foot . For H1 FY26 , sales volumes aggregated 13.96 million square feet, representing 6,788 units sold . The average realization for apartments stood at ₹13,769 per square foot, up 6% yearon-year, while plots averaged ₹8,425 per square foot, up 17% year-on-year.
Collections remained strong at ₹42,128 million during Q2, up 54% year-on-year , taking the H1 Collections to ₹87,356 million , a 55% increase over the same period last year. Sales reflected a balanced and geographically diversified performance across the Company’s key markets.
Geographical Distribution of Sales
| City | Q2 FY26 Sales Mix |
H1 FY26 Sales Mix |
|---|---|---|
| Bengaluru | 40% | 27% |
| NCR | 18% | 45% |
| Mumbai | 22% | 16% |
| Hyderabad | 11% | 7% |
| Chennai | 7% | 4% |
| Others | 2% | 1% |
Prestige Estates Projects Limited , Prestige Falcon Towers, No 19 Brunton Road, Bangalore - 560 025. Phone : +91 80 25591080 Fax : +91 80 25591945 E-mail : [email protected] www.prestigeconstructions.com CIN : L07010KA1997PLC022322
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Launches and Completions
- The Company launched 3.87 million square feet of developable area in Q2 FY26, with a total gross development value (GDV) of ₹39,669 million, bringing H1 FY26 launches to 18.81 million square feet with a GDV of ₹1,75,922 million .
Q2 FY26 Launches
| Sl No | Project |
Location | Segment | Developable Area(mn sft) |
GDV (₹ mn) |
|---|---|---|---|---|---|
| 1 | Mayflower at The Prestige City |
NCR |
Residential | 1.94 | 21,297 |
| 2 | Prestige Autumn Leaves |
Bengaluru |
Residential – plots |
0.63 |
6,000 |
| 3 | Prestige Greenbrook | Bengaluru | Residential – plots |
0.74 |
7,018 |
| 4 | Prestige Crystal Lawns | Bengaluru | Residential – plots |
0.56 |
5,354 |
| TOTAL | 3.87 | 39,669 |
- Total completions for H1 FY26 stood at 7.99 million sq ft, of which the below projects were completed in Q2 FY26:-
| were | completed in Q2 FY26:- | |||
|---|---|---|---|---|
| Sl No |
Project | Location | Segment | Developable Area(mn sft) |
| 1 | Aspen Greens @ TPC | Bengaluru | Residential | 0.50 |
| 2 | Avalon Park @ TPC | Bengaluru | Residential | 2.03 |
| TOTAL | 2.53 |
Office Segment
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Gross leasing during Q2 FY26 stood at 2.3 million square feet .
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Portfolio occupancy remained healthy at 93.42% .
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FY26 exit rentals are projected at ₹8,199 million .
Prestige Estates Projects Limited , Prestige Falcon Towers, No 19 Brunton Road, Bangalore - 560 025. Phone : +91 80 25591080 Fax : +91 80 25591945 E-mail : [email protected] www.prestigeconstructions.com CIN : L07010KA1997PLC022322
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Retail Segment
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Gross turnover for Q2 FY26 was ₹6,236 million , up 9% year-on-year .
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Footfalls across the retail portfolio reached 4.8 million during the quarter.
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Portfolio occupancy remained high at 99% .
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FY26 exit rentals are estimated at ₹2,717 million .
Commenting on the performance, Mr. Irfan Razack, Chairman and Managing Director, Prestige Group , said:
“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 ₹8300+ crores and collections of ~₹1500 crores in just a few months.
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.”
About Prestige
Prestige Group is one of India’s most respected and diversified real estate developers, with a legacy of almost four decades and a portfolio spanning residential, commercial, retail, hospitality, and integrated townships across major cities. As at June 2025, the Group has delivered 307 projects spanning 199 mn sft and currently has a pipeline of 132 projects across 200 mn sft.
Prestige Estates Projects Limited , Prestige Falcon Towers, No 19 Brunton Road, Bangalore - 560 025. Phone : +91 80 25591080 Fax : +91 80 25591945 E-mail : [email protected] www.prestigeconstructions.com CIN : L07010KA1997PLC022322