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Prestige Group’s Expansion Plan Eyes Double Residential Launches in FY26

Posted on: 23-04-2025Courtesy: Star Estate
By Star Estate
Prestige Group’s Expansion Plan Eyes Double Residential Launches in FY26Prestige Group’s Expansion Plan Eyes Double Residential Launches in FY26

Prestige Group, a Bangalore-based real estate company, aims to double residential launches in FY26. In the NCR region, Prestige Group's expansion plans begin with one of the best upcoming projects in Ghaziabad. The company with around a decade-old legacy too has a strong presence in South India.

It has varied best upcoming projects in Bangalore, Mumbai, Hyderabad, and NCR. After crossing hurdles that delayed Prestige Group's residential launches, the company now aims to pick up momentum with high pre-sales. Also, the plotted development is one of the best Prestige Group real estate investment options to explore.

In FY25, Prestige Estates Projects Ltd, a leading real estate company in India launched 26.28 million sq. ft. These ongoing projects in Mumbai, Bengaluru, and Hyderabad are receiving confident responses from investors. Also, these one of the best real estate projects estimated to hold a gross domestic value of Rs. 26,222.9 Crore.

Similarly, the company launched 14 million sq ft of residential properties in top tier I cities in Q4, 2025 with a gross development value (GDV) of Rs. 16,133.8 Crore.

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The Prestige City Ghaziabad | Newest amongst Prestige Group residential launches

Razack Sattar, Chairman and Managing Director, Prestige Group said, that Prestige Group housing projects in FY26 are starting with the launch of The Prestige City Ghaziabad in Indirapuram in Delhi-NCR soon. Besides, it has a few plotted development launches coming up in Bengaluru.

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Also, there are some large apartment townships planned for launch this year across Mumbai, Hyderabad, Bangalore, and Chennai. The company is also planning a project in Goa in the first half of FY26. Its recent launches in Bengaluru, Hyderabad, and Mumbai recorded over Rs. 5,000 Crore in sales bookings within a month.

FY26 is going to witness the best upcoming real estate projects in India, as giant market players hold a strong pipeline. Macrotech Developers, a leading real estate developer acquired 10 land parcels in FY25 to develop the best housing projects in India with a total sale revenue of approximately Rs. 24,000 Crore.

Furthermore, Prestige Group, one of the best real estate developers in India finds prospects probability in the lower and mid-segment. However, the company feels, there is a huge gap between demand and supply that needs to be bridged.

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Prestige Group housing projects in FY26 likely to lead: Residential Market Trends FY26

After Prestige Raintree Park in Whitefield, Bangalore, Prestige group housing projects in FY26, offer options for mid-segment buyers. These are likely to be amongst the best upcoming projects in India.

Razack further said, “We continuously review the demand scenario to fine-tune our product offerings to offer the right apartment sizes with the right ticket price in our new launches.”

Axis Securities, Q4 earning preview exhibits hampered growth of Prestige Estates Projects Ltd due to distinguished factors. The report states, “Several key launches were delayed including Indirapuram Prestige City and Pallava Gardens in Chennai. The GDV for these delayed launches sums up to Rs. 17,000 Crore, the timely launch of which could have completed the company’s pre-sales guidance,” the report said.

The report further states, the year ended with Rs. 14,000 crores while missing the goal of Rs. 26,000 Crore. Prestige Group residential launches including Suncrest, Nautilus, Southern Star, and Spring Heights did perform well. “However, we expect Indirapuram to be launched in FY26, which will attract good sales for the upcoming year.”

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