Prestige Estates Projects Limited
Prestige Estate Projects is in the business of real estate development encompassing the development and construction of properties, leasing of office and retail properties.
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Prestige Group acquired a 17.14-acre land parcel in Gurgaon for residential development, expanding its NCR presence. This project boasts an estimated Gross Development Value of ₹5,600 crore, strengthening its sales pipeline and regional growth.
Prestige Estates launched 'Prestige Palm Court,' a new 910-apartment residential project in North Chennai across 7.98 acres. The development has an estimated Gross Development Value of Rs. 1330 Cr, aligning with its Chennai expansion strategy.
Prestige Group expands its MMR footprint with a strategic partnership for a new residential project in Thane. This development spans 14.6 acres, offering over 5 million sq ft with an estimated GDV of ₹6,000 Cr.
Prestige Estates starts FY27 strong: Residential pre-sales hit ₹6,579.3 Cr (6.04 mn sq ft) with robust collections of ₹4,802.2 Cr. Launched 20.16 mn sq ft projects, including a hit Hyderabad development. Commercial leasing and retail GTO saw healthy growth.
Prestige Estates launched Phase 2 of Prestige Forest Hills in Mulund, Mumbai. This phase covers 1.7 million sq. ft. with 500 residences, carrying an estimated Gross Development Value of ₹2,200 crore, strengthening future revenue potential.