Realty firm Prestige Estates Projects Ltd reported a 20% growth in its sales bookings, reaching ₹7,225 crore for the quarter ended September 2026. This increase is attributed to strong housing demand, particularly from major branded players.
Key Highlights
- Pre-sales during Q2 FY27 amounted to ₹72,250 million, reflecting a 20% year-on-year increase.
- The sales volume reached 5.84 million square feet, with 3,910 units sold.
- For the first half of the fiscal year, pre-sales totaled ₹13,804.3 crore, with a sales volume of 11.88 million square feet and 7,247 units sold.
Company Insights
Irfan Razack, Chairman and Managing Director of Prestige Group, stated, "Our residential business continues to see healthy demand. What is particularly encouraging is the response to our new launches, a couple of which were introduced towards the end of the quarter but nevertheless saw good sales traction."
