Prestige Estates Posts Record Sales In April-June On NCR Boom, Strong Launches

Prestige Estates Projects Ltd. reported its strongest-ever quarterly performance in Apr–Jun, with all-time high sales of ₹121.3 billion—marking a 300% on-year jump—backed by robust demand and new launches across key regions.

The real estate firm sold 4,718 units during the June quarter, translating to 9.6 million square feet in sales volume, up 234% from a year ago. Collections rose 55% on year to a record ₹45.2 billion, the company said in a statement. Average realisation for apartments stood at ₹13,339 per sq ft, while plotted developments fetched ₹7,343 per sq ft.

Sales were led by the Delhi-NCR market, which contributed 59% of total bookings, followed by Bengaluru at 21%, Mumbai at 12%, Hyderabad at 5%, and other cities making up the rest.

Prestige launched four residential projects totaling 14.94 million sq ft in the quarter, including its debut in the Delhi-NCR market. The company also completed five residential projects spanning 5.45 million sq ft, with its first-ever completions in Mumbai.

Leasing of office space stood at 1.2 million sq ft with 93.7% occupancy, and rental income during the quarter came in at ₹5.2 billion.
Chairman and MD Irfan Razack said the recent filing of the DRHP for its hospitality platform reflects the group’s intent to unlock long-term value and drive the next phase of growth through diversification and execution strength.