Prestige Estates Projects has launched three new housing developments in the first quarter, carrying a combined revenue potential of ₹12,000 crore.
The launches underscore the developer’s confidence in sustained demand within the Indian residential real estate market.
The firm recently agreed to acquire a 50% stake in a major commercial real estate development in Mumbai for ₹504 crore.
The company has set an ambitious target to achieve ₹35,000-36,000 crore in sales bookings or pre-sales during the 2026-27 fiscal year.
This guidance reflects a strategy to capitalize on the current cycle of strong buyer interest and premium segment growth.
The expansion comes as Prestige continues to diversify its portfolio beyond residential assets.
The firm recently agreed to acquire a 50% stake in a major commercial real estate development in Mumbai for ₹504 crore.