Prestige Estates Projects Ltd

The development will be undertaken via Aaramnagar Realty LLP, which holds development rights for a land parcel in Versova. The project spans around 6 acres and has a total development potential of approximately 1.7 million square feet (RERA area), with an estimated gross development value of over Rs 9,000 crore. The proposed project is planned as a premium residential development, targeting rising demand in Mumbai's western suburbs. Versova remains a key micro-market due to its strong social infrastructure, connectivity, and proximity to major commercial hubs. The company said the move aligns with its strategy to expand in high-demand, supply-constrained urban markets. Mumbai continues to be a focus geography for Prestige as it looks to strengthen its presence in established residential clusters. Prestige Group has a diversified real estate portfolio spanning residential, commercial, retail, hospitality, and integrated townships. As of December 2025, the group has delivered 313 projects covering 206 million square feet and has a pipeline of 128 projects spanning 195 million square feet. The company's consolidated net profit surged over twelve-fold to Rs 222.6 crore in Q3 FY26, from Rs 17.7 crore recorded in Q3 FY25. Revenue from operations soared 134.06% YoY to Rs 3872.6 crore in Q3 FY26.

On annual basis, the company's pre-sales surged 76% YoY to Rs 30,024 crore in FY26. The company witnessed sustained traction across its key markets during the year, driven by steady demand for well-located, high-quality developments. Sales momentum remained consistent across both new launches and ongoing inventory, reflecting resilient end-user demand. The realtor said that performance during the year was underpinned by healthy contributions from geographies including Bengaluru, NCR, Mumbai, Hyderabad, and Chennai. FY26 also marks the first time the company has crossed Rs 30,000 crore in annual pre-sales, reflecting the scale and depth of its operations across markets. Irfan Razack, chairman and managing director, said: 'We are happy to close 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.' Prestige Group is a diversified real estate developers, with a portfolio spanning residential, commercial, retail, hospitality, and integrated townships across major cities. As at December 2025, the Group has delivered 313 projects spanning 206 mn sft and currently has a pipeline of 128 projects across 195 mn sft. The company's consolidated net profit surged over twelve-fold to Rs 222.6 crore in Q3 FY26, from Rs 17.7 crore recorded in Q3 FY25. Revenue from operations soared 134.06% YoY to Rs 3872.6 crore in Q3 FY26.

Prestige Estates Projects today announced the launch of Prestige Golden Grove, one of the largest residential developments in Hyderabad, located in a rapidly emerging residential hub Tellapur. Spread across 28.6 acres, Prestige Golden Grove is a large-scale residential community with a total saleable area of ~10.36 million square feet and an estimated Gross Development Value (GDV) of over Rs 9,500 crore. The project comprises 5,120 units, offering a wide range of configurations including 2, 3, 3.5, and 4-bedroom homes, along with 4-bedroom residences with staff accommodation. The residences range in size from 1,169 sq. ft. to 3,013 sq. ft., with ticket sizes ranging between Rs 1 crore and Rs 3 crore approximately, catering to a broad spectrum of homebuyers. The residences range in size from 1,169 sq. ft. to 3,013 sq. ft., with ticket sizes ranging between Rs1 crore and Rs 3 crore approximately, catering to a broad spectrum of homebuyers.

PCBL Chemical Ltd, Delhivery Ltd, PB Fintech Ltd, Dalmia Bharat Ltd are among the other stocks to see a surge in volumes on BSE today, 25 March 2026.Prestige Estates Projects Ltd recorded volume of 2.68 lakh shares by 10:44 IST on BSE, a 19.02 times surge over two-week average daily volume of 14077 shares. The stock gained 2.52% to Rs.1,234.05. Volumes stood at 20644 shares in the last session.PCBL Chemical Ltd recorded volume of 18.02 lakh shares by 10:44 IST on BSE, a 14.61 times surge over two-week average daily volume of 1.23 lakh shares. The stock gained 15.95% to Rs.270.50. Volumes stood at 1.44 lakh shares in the last session.Delhivery Ltd clocked volume of 7.42 lakh shares by 10:44 IST on BSE, a 8.4 times surge over two-week average daily volume of 88327 shares. The stock gained 1.92% to Rs.426.40. Volumes stood at 74762 shares in the last session.PB Fintech Ltd witnessed volume of 4.21 lakh shares by 10:44 IST on BSE, a 7.2 times surge over two-week average daily volume of 58542 shares. The stock increased 0.86% to Rs.1,473.80. Volumes stood at 25764 shares in the last session.Dalmia Bharat Ltd notched up volume of 3.4 lakh shares by 10:44 IST on BSE, a 7.12 fold spurt over two-week average daily volume of 47709 shares. The stock rose 4.18% to Rs.1,873.30. Volumes stood at 4 lakh shares in the last session.Powered by Capital Market - Live

Net profit of Prestige Estates Projects rose 1157.63% to Rs 222.60 crore in the quarter ended December 2025 as against Rs 17.70 crore during the previous quarter ended December 2024. Sales rose 134.06% to Rs 3872.60 crore in the quarter ended December 2025 as against Rs 1654.50 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales3872.601654.50 134 OPM %22.2135.24 - PBDT511.80281.40 82 PBT278.3076.70 263 NP222.6017.70 1158 Powered by Capital Market - Live

Prestige Estates Projects will hold a meeting of the Board of Directors of the Company on 29 January 2026.Powered by Capital Market - Live

Sales volume during the quarter stood at 2.99 million square feet, with the sale of 1,811 units. Collections for the quarter came in at Rs 4,547.5 crore, up 40% year-on-year, reflecting healthy demand and execution momentum. The geographical sales mix remained well diversified, with Mumbai contributing 36%, Bengaluru 25%, Hyderabad 16%, NCR 16%, Chennai 5% and Kochi 2% of total sales, during the quarter. Average realization during the quarter stood at Rs 14,459 per square feet (sq. ft.), reflecting a 6% year-on-year growth. The company said that it expects the exit rentals from the office portfolio for FY26 to be Rs 828.6 crore. Upon completion of its ongoing construction pipeline, office annuity income is projected to scale up to around Rs 4,000 crore by FY30, significantly strengthening Prestige's long-term recurring income profile. Under retail portfolio, total mall footfalls during Q3 FY26 stood at 5.2 million. Gross Turnover (GTO) across malls was Rs 701.5 crore, reflecting a 14% year-on-year growth, indicating sustained strength in retail consumption and tenant performance. Exit rentals from the retail portfolio are expected to be Rs 275.4 crore in FY26. With 13 malls in the development pipeline, exit rentals are projected to grow to around Rs 1,092.0 crore by FY30, significantly scaling Prestige's retail annuity platform. Irfan Razack, chairman & managing director, Prestige Estates Projects, said: 'The record-breaking performance delivered in the first nine months of FY26 is a strong validation of the demand environment for our portfolio and the strength of our execution platform. Achieving our highest-ever sales and collections ' surpassing even previous full-year peaks within just nine months, reflects the trust customers continue to place in the Prestige brand and the consistency of our market positioning. We have built a well-diversified portfolio across geographies and across asset classes, with a healthy mix of residential development complemented by stable and growing annuity income from our oƯice and retail assets. This diversification provides resilience to market cycles and helps insulate the business from short-term fluctuations in any single market or segment.' Meanwhile, the company announced the launch of Evergreen at Prestige Raintree Park, its latest premium residential development located in Whitefield, Bengaluru. The development is planned on approximately 24 acres of land and comprises around 2,000 apartments, with a total saleable area of 3.2 million square feet. Apartments prices start at around Rs 92 lakh onwards, with an estimated gross development value (GDV) of about Rs 5,000 crore. Prestige Group is a diversified real estate developers, with a portfolio spanning residential, commercial, retail, hospitality, and integrated townships across major cities. As at September 2025, the Group has delivered 310 projects spanning 202 million sq.ft and currently has a pipeline of 130 projects across 199 million sq.ft. The company's consolidated net profit surged 123.88% to Rs 430.3 crore on 5.52% increase in revenue from operations to Rs 2431.7 crore in Q2 FY26 over Q2 FY25.Powered by Capital Market - Live

Prestige Estates Projects announced that 'Stellar Builder Dynamics LLP' and 'Stellar Envision LLP' have been incorporated as Wholly Owned Subsidiaries of the Company on 08 January 2026.Powered by Capital Market - Live

 Prestige Group, through Canopy Living LLP, a joint venture between Prestige Estates Projects and Arihant Foundations & Housing, has signed an agreement to sell for the purchase of a land parcel measuring 16.381 acres located at Padi, Chennai. The land parcel is strategically located in close proximity to Anna Nagar, one of Chennai's most established and prime residential micro-markets, known for its strong social infrastructure, connectivity, and mature residential character. This acquisition is aligned with Prestige Group's strategy of strengthening its presence in high-quality urban locations, while maintaining a disciplined approach to capital allocation. Prestige Group continues to evaluate well-located land acquisition opportunities across key markets to support its future residential and mixed-use development pipeline. Powered by Capital Market - Live

The land parcel is strategically located near Anna Nagar, one of Chennai's most established and prime residential micro-markets, known for its strong social infrastructure, excellent connectivity, and mature residential character. The acquisition aligns with Prestige Group's strategy to strengthen its presence in high-quality urban locations while maintaining a disciplined approach to capital allocation. Prestige Group said it continues to evaluate well-located land acquisition opportunities across key markets to support its future residential and mixed-use development pipeline. Prestige Group is a diversified real estate developers, with a portfolio spanning residential, commercial, retail, hospitality, and integrated townships across major cities. As at June 2025, the Group has delivered 310 projects spanning 202 million square feet and currently has a pipeline of 130 projects across 199 million square feet. The scrip declined 1.91% to currently trade at Rs 1,587.65 on the BSE. Powered by Capital Market - Live