Prestige Estates is aiming for sales of about ₹1 lakh crore in the coming years—roughly five times its FY25 sales—as the developer ramps up launches and builds out one of the sector’s largest pipelines.
Rs 1 Lakh Crore Pipeline and Financial Ambition
The Bengaluru-based company added projects with sales potential of about ₹33,000 crore in the first half of FY26 and has another ₹57,000 crore in upcoming projects. It also holds inventory of roughly ₹20,000 crore as of September 2025. “Together, this gives us visibility of over ₹1 lakh crore of projects in the coming period,” Chairman and Managing Director Irfan Razack told FE.
DLF, India’s largest listed developer, has outlined similar ambitions over the next five years, backed by ongoing and planned developments.
Prestige continues to build out its land bank—now at about 1,000 acres—while business development activity remains strong across Bengaluru, Mumbai, NCR, Pune, Hyderabad and Chennai, Razack said.
In FY25, Prestige posted sales bookings of Rs 17,023.1 crore with a decline of 19% YoY, reflecting the impact of deferred launches amid approval delays. Sales volume for the year was at 12.58 million square feet, down 38% YoY. By comparison, DLF reported bookings of ₹21,223 crore in FY25, up 44% from a year earlier. Lodha Developers is targeting more than ₹46,000 crore in bookings for FY26–27, a 43% rise from the prior two years. DLF has set an FY26 target of ₹22,000 crore, versus Lodha’s ₹21,000 crore.
Top 10 listed developers logged ₹44,317 crore in Q1 pre-sales, nearly 30% of their FY26 target of ₹1.49 trillion, with DLF and Prestige leading the momentum, Anarock Property Consultants had said in September.
Strategy for Sustained Growth
Prestige aims to operate in an annual pre-sales range of ₹45,000–55,000 crore over the next four to five years. “What underpins this confidence is the scale and diversity of our upcoming portfolio, spanning multiple high-opportunity geographies, along with our continued focus on the mid-segment category, where end-user demand remains structurally strong. This combination positions us well to achieve this level of growth in a steady and sustainable manner,” he said.
Motilal Oswal said in a recent report that Prestige’s H1 FY26 business development additions of ₹33,100 crore and launch pipeline of ₹77,000 crore could support a pre-sales CAGR of 40% through FY28, reaching ₹46,300 crore. Prestige has planned 18 projects with a GDV of Rs 27200 crore for launch in H2FY26, including major mid-segment projects, the brokerage said.
Asked whether all 18 launches would materialise on schedule, Razack said, “As with all launches, timelines are naturally aligned to regulatory processes, but our teams are closely tracking these across markets and several projects are at advanced stages of readiness.”
“Our launch calendar for the second half is well defined, and the quarter has already begun on a strong note with the launch of Prestige Garden Trails in Dahisar, Mumbai, a well-received mid-segment development,” Razack said.
“The quarter has already begun on a strong note with the launch of Prestige Garden Trails in Dahisar, Mumbai, a well-received mid-segment development,” Razack said.
The company is also preparing to launch five new projects in Bengaluru and two in Hyderabad, comprising both mid-segment and premium offerings.