Prestige Estates Projects has reported a pre-sales of Rs 6,579.3 crore under its residential business for the first quarter ended June 30, 2026 (Q1FY27), with sales volume of 6.04 million square feet and 3,337 units sold. During the quarter, the company achieved an average realization of Rs 11,193 per square foot for apartments, while the average realization for plotted developments stood at Rs 8,043 per square foot. Hyderabad was the largest contributor to quarterly sales, accounting for 49% of total sales, followed by Bengaluru (27%), Mumbai (12%), NCR (7%) and other markets (5%).
In Q1FY27, the company launched four projects with a combined developable area of 20.16 million square feet, and a Gross Development Value of around Rs 1,20,000 million for the residential projects. Further, it has completed three projects with a total developable area of 4.37 million square feet. Theses projects include two residential projects -- Prestige Sanctuary (Bengaluru) and Prestige Cityscape (Kochi), and a commercial project -- Prestige Tech Forest (Bengaluru).
Prestige Estates Projects, a flagship company of the Prestige Group, 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.
