NEW DELHI: Prestige Estates Projects Ltd reported a 10% increase in pre-sales, reaching ₹7,697 crore in the fourth quarter of the previous fiscal year, driven by strong demand for its residential properties.
The company’s latest operational update reveals a record pre-sales figure of ₹30,024 crore for the 2025-26 fiscal, marking a 76% rise compared to the previous year.
Irfan Razack, Chairman and Managing Director, highlighted the strong year-end, noting consistent sales momentum throughout the year and a solid finish in Q4. He mentioned, “Demand in our key markets has remained positive, and our emphasis on quality, location, and timely delivery continues to resonate with buyers.”
He expressed optimism about maintaining this momentum in the current fiscal, backed by a strong pipeline of upcoming projects.
Prestige Estates noted that sales momentum persisted in both new launches and existing inventory, indicating robust end-user demand. Major contributions to sales came from Bengaluru, Delhi-NCR, Mumbai, Hyderabad, and Chennai.
Despite some softness in the overall housing market, listed real estate companies have performed well. Following the COVID-19 pandemic, demand is gradually shifting towards reputable branded developers.
As of December 2025, Prestige Group has successfully delivered 313 projects, covering 206 million sq ft, and has a pipeline of 128 new projects totaling 195 million sq ft.
