Archive · 19 Jul 2026
Prestige Group Launches 3 Housing Projects
Prestige Group, a big real estate company, started three new housing projects and one commercial project in the first three months of 2026.
These projects could make them ₹12,000 crore in revenue.
The company is planning more projects for the festive season to keep growing.
However, their sales dropped by 46% compared to last year, which is a bit worrying.
Hyderabad was their best-selling place, followed by Bengaluru and Mumbai.
The company has big plans and aims to sell even more properties next year.
Prestige Group launched 3 residential and 1 commercial projects in Q1 2026 with a combined developable area of 20.16 million sq ft.
The total revenue potential for the residential projects is estimated at ₹12,000 crore.
Sales bookings declined by 46% to ₹6,579.3 crore due to a high base effect.
Hyderabad contributed 49% to quarterly sales, followed by Bengaluru (27%) and Mumbai (12%).
The company aims to achieve ₹35,000-36,000 crore in sales bookings for the 2026-27 fiscal year.
- Who
- Prestige Estates Projects Ltd
- What
- Launched 3 residential and 1 commercial housing projects
- When
- April-June quarter of 2026
- Where
- Hyderabad, Bengaluru, Mumbai
- Why
- Part of expansion plan amid strong demand
Optimistic Growth Outlook
Sales Decline Concerns
Future Launches
Optimistic Growth Outlook
The company plans an exciting lineup of marquee launches across major cities during the festive season, aiming to strengthen growth momentum.
Sales Decline Concerns
Sales bookings declined by 46% to ₹6,579.3 crore due to a high base effect, raising concerns about short-term performance.
- Company
- Prestige Estates Projects Ltd
- Projects Launched
- 4 (3 residential, 1 commercial)
- Total Developable Area
- 20.16 million sq ft
- Revenue Potential
- ₹12,000 crore
- Sales Bookings (Q1 2026-27)
- ₹6,579.3 crore
- Sales Bookings (Q1 2025-26)
- ₹12,126.4 crore
- Average Realisation (Apartments)
- ₹11,193 per sq ft
- Average Realisation (Plotted Developments)
- ₹8,043 per sq ft