Prestige Group Launches 14 Million Sq. Ft. of Projects in Q4 FY25, Achieves Strong Sales

Prestige Estates Projects Limited, one of India’s top real estate developers, successfully launched several residential projects in the fourth quarter of FY25. The company introduced four new projects in Bengaluru, Mumbai, and Hyderabad, covering a total developable area of 14.03 million square feet. These projects include 4,548 housing units, with a combined Gross Development Value (GDV) of ₹1,61,338 million. 

Project Details and Market Response 

Despite launching some major projects towards the end of the quarter, Prestige Group recorded strong sales before the quarter closed. This reflects a high demand for their properties and the trust customers have in the brand. 

Here is a breakdown of the newly launched projects: 

Prestige Nautilus in Mumbai was a standout success, generating ₹23,857 million in sales within a month. Prestige Southern Star in Bengaluru and Prestige Spring Heights in Hyderabad also performed well, recording sales of ₹13,821 million and ₹11,101 million, respectively, in the final days of the quarter. 

Catering to a Wide Range of Homebuyers 

Prestige Group’s new projects cater to various buyer segments, ranging from mid-income and aspirational housing to premium and luxury homes. The company is committed to offering high-quality residential spaces that meet the diverse needs of homebuyers. 

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Future Expansion Plans 

Building on this momentum, Prestige Group has an ambitious pipeline of upcoming projects across Bengaluru, the National Capital Region (NCR), Chennai, and Mumbai. 

Leadership Insights 

Commenting on the success of these launches, Mr Irfan Razack, Chairman and Managing Director of Prestige Group, stated: 

“We are thrilled by the positive response our Q4 projects have received across various cities and customer segments. While navigating challenges in project approvals, our team worked diligently to bring these developments to market. The strong sales figures highlight the resilience of our team, the appeal of our projects, and the trust customers place in the Prestige brand.” 

About Prestige Group 

Prestige Estates Projects Limited is a leading name in real estate sector in India, with over 30 years of experience. The company has delivered more than 300 projects across residential, commercial, retail, hospitality, and mixed-use segments, setting high industry standards. With continued expansion and customer-focused developments, Prestige Group remains committed to shaping India’s real estate landscape. 

As of April 9, 2025, at 10:34 AM IST, Prestige Estates Projects share price is trading at ₹1,087.00, down by 0.050 (0.0046%) for the day. The stock opened at ₹1,094.10, reaching a high of ₹1,094.10 and a low of ₹1,063.00. The company has a market capitalisation of ₹46,800 crore, a P/E ratio of 75.46, and a dividend yield of 0.17%. Over the past year, the stock has ranged between a 52-week high of ₹2,074.80 and a 52-week low of ₹1,048.05. 

Conclusion 

Prestige Group’s successful Q4 launches and strong sales reaffirm its market leadership and customer trust. With upcoming projects across major cities, the company is poised for further growth. 

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