During the year, the company added new projects with an estimated gross development value (GDV) of over ₹50,000 crore, spanning Bengaluru, Mumbai, NCR, Hyderabad and Chennai, strengthening its future pipeline.
Also Read: Prestige Estates, ABIL Group to develop ₹9,000 crore residential project in Mumbai’s VersovaFY26 launches totalled 31.84 million square feet with a GDV of ₹27,350 crore. Sales from new launches stood at ₹17,344 crore. The company delivered 18.22 million square feet during the year.
Total sales volume for FY26 stood at 22.28 million square feet, up 77% year-on-year, with 11,692 units sold. Average realisations stood at ₹14,470 per square foot, up 3% year-on-year. In the plotted development segment, average realisations were ₹8,321 per square foot, up 16% year-on-year.
Geographically, FY26 sales were led by Bengaluru at 34%, followed by NCR at 33%, Mumbai at 20%, and other markets at 13%.
Fourth Quarter
In Q4 FY26, the company reported sales of ₹7,697 crore, up 11% year-on-year. Sales volume stood at 5.34 million square feet, up 19% year-on-year, with 3,094 units sold.Also Read: Prestige Estates shares gain as it forms JV to develop residential project in Mumbai with GDV of ₹9,000 crore
Average realisations in the quarter stood at ₹16,569 per square foot, up 7% year-on-year. In the plotted segment, realisations were ₹8,005 per square foot, up 15% year-on-year. Collections for the quarter stood at ₹5,231 crore, up 66% year-on-year. Launches during the quarter totalled 8.00 million square feet.
In its office portfolio, Prestige Estates recorded leasing of 4.47 million square feet (GLA) in FY26, including 0.26 million square feet of pre-leasing in Mumbai and Bengaluru projects. Occupancy across operational office assets stood at 92%, supported by demand from global capability centres (GCCs), technology firms, co-working operators and corporates.
The retail portfolio maintained 99% occupancy across malls. Footfalls stood at around 45 lakh during Q4 FY26, while gross turnover across retail assets reached ₹652 crore, up 15% year-on-year. For the full year, retail gross turnover stood at ₹2,567 crore. The company said FY26 figures are provisional and subject to limited review.
Also Read: Prestige Estates shares in focus after FY26 pre-sales cross ₹30,000 crore mark
Irfan Razack, Chairman and Managing Director, Prestige Group, said, “We have delivered a strong performance in FY26, with healthy growth in sales and collections driven by successful launches across geographies.
While the year marks an important milestone with annual sales crossing ₹3,00,000 million, our focus remains on maintaining execution discipline and a balanced approach to growth, with continued emphasis on calibrated execution, timely delivery, and disciplined expansion.
In our annuity portfolio, we have several large completions coming up, which are expected to support a ramp-up across our other verticals and contribute to more well-rounded growth for the company overall, in the periods to come.”
On Monday (April 13), shares of Prestige Estates Projects Limited ended at ₹1,300.00, down by ₹21.30, or 1.61%, on the BSE.
