Prestige Estates clocks strong Q4 sales with new residential launches in key metros

Team Finance Saathi

    09/Apr/2025

What's covered under the Article:

  1. Prestige Estates launched 4 residential projects in Bengaluru, Mumbai, and Hyderabad totaling 14.03 million sq ft.

  2. These launches achieved significant sales by quarter-end with a combined GDV of ₹1,61,338 million.

  3. Prestige Group plans a strong pipeline of launches across Bengaluru, NCR, Chennai, and Mumbai.

Prestige Estates Projects Limited, one of India’s most prominent real estate developers, has delivered a noteworthy performance in the fourth quarter of FY25, backed by successful launches across Bengaluru, Mumbai, and Hyderabad. The company launched four large-scale residential projects, covering a total developable area of 14.03 million square feet and comprising 4,548 units. These projects together represent an aggregate Gross Development Value (GDV) of ₹1,61,338 million, a significant achievement highlighting both market demand and consumer trust in the Prestige brand.


Details of Q4 Residential Launches

Here is a snapshot of the projects launched during Q4 FY25:

Project

City

Developable Area (mn sq ft)

Units

GDV (₹ mn)

Prestige Suncrest

Bengaluru

0.86

437

6,976

Prestige Nautilus

Mumbai

2.92

325

86,651

Prestige Southern Star Ph I

Bengaluru

5.21

2,130

35,707

Prestige Spring Heights

Hyderabad

5.05

1,656

32,004

These projects span different market segments—from mid-income housing to luxury living—making them suitable for a wide spectrum of homebuyers. Notably, these launches were made mostly towards the latter half of the quarter, yet substantial sales were recorded before quarter-end.


Sales Highlights and Customer Response

Despite limited time in the market, these projects have already recorded exceptional sales figures, proving the continued strength of demand and brand trust associated with Prestige:

  • Prestige Nautilus in Mumbai clocked ₹23,857 million in sales within a month.

  • Prestige Southern Star in Bengaluru recorded ₹13,821 million in sales in just a few days.

  • Prestige Spring Heights in Hyderabad generated ₹11,101 million in the closing days of the quarter.

This performance underscores the solid momentum in India’s residential real estate market, especially for premium and branded developments.


Catering to Diverse Customer Segments

These launches are designed to serve multiple buyer profiles, including:

  • Aspirational mid-segment housing for urban families

  • Premium residences for professionals and business owners

  • Luxury apartments targeting NRIs and high-net-worth individuals (HNIs)

This strategic diversification in offerings allows Prestige Estates to maintain a strong presence across market segments and geographies.


Chairman’s Statement: A Testament to Resilience and Trust

Mr. Irfan Razack, Chairman and Managing Director of Prestige Group, expressed his satisfaction with the quarter’s performance:

“We are pleased with the enthusiastic response our Q4 launches have received across geographies and customer segments. While the year posed certain challenges on the approvals front, we made every effort to navigate them responsibly and bring these diverse offerings to market. The success of these launches is a reflection of our team’s resilience, the strength of our product, and the enduring trust that customers place in the Prestige name.”

His statement emphasizes the internal resilience of the team and the brand’s enduring appeal, even in a challenging regulatory environment.


Looking Ahead: Future Launch Pipeline

Prestige Estates is not slowing down. The company has laid out plans for upcoming launches across key real estate markets:

  • Bengaluru

  • NCR (National Capital Region)

  • Chennai

  • Mumbai

This robust pipeline is expected to sustain growth momentum in FY26 and further consolidate Prestige’s position as a top-tier real estate player in India.


Why This Matters to Investors and Homebuyers

For investors, these numbers reflect the health and scalability of Prestige’s business model, and for homebuyers, the successful launches offer confidence in timely project delivery and high resale value of Prestige homes.

  • High GDV in short time frame = Quick monetization potential

  • Broad geographic spread = Risk diversification

  • Multi-segment approach = Catering to diverse customer base


Market Outlook: Real Estate Sector Gaining Momentum

Prestige’s Q4 FY25 success aligns with the broader positive sentiment in the Indian real estate market, driven by:

  • Rising disposable incomes

  • Low home loan interest rates

  • Increased urbanisation

  • Strong post-pandemic demand for ownership housing

With demand coming from both end-users and investors, developers with a strong brand, execution capability, and customer trust like Prestige are well-poised to benefit.


Conclusion

Prestige Estates Projects Limited has delivered a stellar performance in Q4 FY25, launching four landmark residential projects in India’s major cities and recording impressive pre-quarter-end sales. With a development pipeline packed with strategic launches, the company is gearing up for another strong financial year. As real estate continues to rebound across India, Prestige Estates remains a trusted and dynamic player committed to quality, scale, and customer-centricity.

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