Prestige To Launch Two Housing Projects In Delhi-NCR

The total developable area across the two projects is nearly eight million sq ft, and the revenue potential is estimated at Rs 68 bn, according to the company's investor presentation. The group indicated that its debut residential project in Indirapuram generated strong pre-sales of about Rs 95 bn in the first year.

The firm said it had a launch pipeline of around Rs 580 bn for the current fiscal across major cities but noted that actual launches would depend on government approvals. Management emphasised that faster approvals were important because they supported job creation and wider economic benefits.

Last fiscal the company launched 32 million sq ft with a sales bookings potential of about Rs 273.5 bn, and it is targeting sales bookings of Rs 350-360 bn for the current fiscal. Prestige Estates recorded record sales bookings of Rs 300.24 bn in 2025-26, representing a rise of 76 per cent from the preceding year.

The group reported that net profit more than doubled to about Rs 11.96 bn in the last fiscal from roughly Rs 4.68 bn a year earlier, while total income rose to about Rs 131.96 bn from roughly Rs 77.36 bn. Company executives said they would continue to invest in construction activities and land acquisition where suitable opportunities arose.

Prestige Estates is one of the leading Indian real estate developers and has delivered 313 projects spanning 206 million sq ft, with a pipeline of 128 projects across 195 million sq ft. The company reiterated its assessment that housing demand was driven by long term investment needs rather than short term speculation.