Realty firm Prestige Estates Projects Ltd reported record operational performance for the financial year ended March 31, 2026, with its highest-ever annual sales and strong growth in collections. According to reports from CNBC TV18, the company achieved FY26 sales of ₹30,025 crore, compared with strong demand across launches and steady execution. Collections for the year stood at ₹18,514 crore, rising 53% year-on-year, demonstrating robust operational performance across the company's portfolio.
During FY26, the company added new projects with an estimated gross development value (GDV) of over ₹50,000 crore, spanning Bengaluru, Mumbai, NCR, Hyderabad and Chennai, strengthening its future pipeline. As reported by CNBC TV18, FY26 launches totalled 31.84 million square feet with a GDV of ₹27,350 crore, while sales from new launches stood at ₹17,344 crore. The company delivered 18.22 million square feet during the year and total sales volume reached 22.28 million square feet, up 77% year-on-year, with 11,692 units sold.
Average realisations stood at ₹14,470 per square foot, up 3% year-on-year, while in the plotted development segment, average realisations were ₹8,321 per square foot, up 16% year-on-year. According to CNBC TV18, geographically, FY26 sales were led by Bengaluru at 34%, followed by NCR at 33%, Mumbai at 20%, and other markets at 13%. In the fourth quarter alone, the company reported sales of ₹7,697 crore, up 11% year-on-year, with collections for the quarter standing at ₹5,231 crore, up 66% year-on-year.
In its office portfolio, Prestige Estates recorded leasing of 4.47 million square feet (GLA) in FY26, including 0.26 million square feet of pre-leasing in Mumbai and Bengaluru projects. As reported by CNBC TV18, occupancy across operational office assets stood at 92%, supported by demand from global capability centres (GCCs), technology firms, co-working operators and corporates. The retail portfolio maintained 99% occupancy across malls, with retail gross turnover reaching ₹2,567 crore for the full year.
On Monday (April 13), shares of Prestige Estates Projects Limited ended at ₹1,300.00, down by ₹21.30, or 1.61%, on the BSE. According to CNBC TV18, Irfan Razack, Chairman and Managing Director, Prestige Group, stated that the company has delivered a strong performance in FY26, with healthy growth in sales and collections driven by successful launches across geographies. The company emphasized its focus on maintaining execution discipline and a balanced approach to growth, with continued emphasis on calibrated execution, timely delivery, and disciplined expansion.
