Bengaluru-based real estate developer Prestige Estates Projects Ltd. plans to invest approximately ₹15,000 crore during the current financial year to accelerate construction of its residential and commercial developments across South India, the Mumbai Metropolitan Region (MMR), and Delhi-NCR. The company aims to strengthen project execution, support new launches, and expand its growing portfolio of income-generating commercial assets.
According to Executive Director Zayd Noaman, the company expects to spend ₹14,000–15,000 crore on construction activities in FY2026-27. Of this, around ₹9,500–10,000 crore will be allocated to residential projects, while ₹4,500–5,000 crore will be invested in commercial developments, including office spaces and shopping malls. The planned expenditure marks an increase over the ₹13,500 crore construction spend recorded in the previous fiscal, reflecting the company’s continued focus on timely project execution and operational efficiency.
Prestige Estates delivered a strong performance in FY2025-26, achieving its highest-ever sales bookings of ₹30,024 crore, representing a 76% year-on-year increase. Building on this momentum, the company is targeting ₹35,000–36,000 crore in sales bookings during the current financial year. To support this goal, it has a robust launch pipeline valued at nearly ₹58,000 crore across major Indian cities, although the pace of launches will depend on regulatory and government approvals.
The company also reported a significant improvement in its financial performance. Net profit for FY2025-26 more than doubled to ₹1,195.5 crore, compared with ₹467.5 crore in the previous year, while total income rose to ₹13,195.5 crore from ₹7,735.5 crore. These results underline the sustained demand for Prestige’s projects and the company’s expanding presence across residential, commercial, and hospitality segments.
Since its inception, Prestige Estates has completed 313 projects covering over 206 million sq ft and currently has 128 projects under development spanning nearly 195 million sq ft. With increased investment in construction and a strong project pipeline, the developer is positioning itself for continued growth while focusing on disciplined expansion, timely delivery, and long-term value creation for customers and stakeholders.
Image – prestigeconstructions.com
