Irfan Razack, Chairman and Managing Director, Prestige Group
| Photo Credit:
G R N SOMASHEKAR
Real estate major Prestige Estates Projects Ltd has recorded a 76 per cent growth in annual pre-sales, reaching ₹30,024 crore for FY26, with ₹7,697 crore (up 10 per cent year-on-year) recorded in the fourth quarter alone. The growth was driven by new supply hitting the market with strong contributions from NCR and other key cities.
This comes at a time when India’s housing market is showing early signs of moderation after a strong post-pandemic run, with analysts flagging softer demand sentiment, delayed project launches, and rising input costs amid global geopolitical uncertainties.
Steady Demand
The company witnessed sustained traction across its key markets, supported by steady demand for well-located, high-quality developments. Sales momentum remained consistent across both new launches and ongoing inventory, said Prestige.
Performance during the year was underpinned by healthy contributions from markets including Bengaluru, NCR, Mumbai, Hyderabad, and Chennai. FY26 also marks the first time the company has crossed ₹30,000 crore in annual pre-sales, reflecting the scale and depth of its operations across markets.
Commenting on the performance, Irfan Razack, Chairman and Managing Director, said, “We are closing FY26 on a strong note, with steady sales momentum through the year and a good finish in the fourth quarter. Demand across our key markets has remained encouraging, and our focus on quality, location, and timely execution continues to resonate well with customers. With a robust pipeline of upcoming launches across geographies, we are optimistic about sustaining this momentum in the coming year.”
Published on April 8, 2026
