Prestige Estates Projects’ sales bookings rose by 25 per cent to a record Rs 12,930.9 crore in the last fiscal year (FY23) on strong housing demand. Sales bookings stood at 15.09 million square feet with an average realization of Rs 8,812 per sq ft (up by 17 per cent year-on-year) for apartments/ villas/ commercial sales and average realization of Rs 4,124 per square feet (down 2 per cent y-o-y) for plot sales. The group sold more than 9,600 homes in FY23 spanning over 15 million square feet area.
Prestige Estates Projects is engaged in the business of real estate development. The company’s principal products/services include Development and construction of Properties, Leasing of commercial properties and Share of profit /loss from partnership firm.
