Prestige Group

Prestige Group closed FY26 with ₹13,195.5 crore in revenue and ₹1,311.9 crore in net profit. The company sold 22.28 million sq ft of space across 11,692 homes. Strong home sales helped push fourth-quarter sales to ₹7,697.3 crore. The average selling price was ₹16,569 per sq ft.

• Annual Bookings: Reached ₹30,024.5 crore in FY26, rising 76% from last year.
• Customer Collections: Gathered ₹18,514.6 crore in cash, up by 53% year-on-year.
• Total Completed Work: Finished 319 projects covering 216 million square feet of built space.
• Ongoing Construction: Building 137 new projects covering 229 million square feet in top cities.
• New Land Purchases: Bought 102 acres of prime city land with ₹20,400 crore in expected sales value.

Home buyers across India drove these numbers:

• Bengaluru: Brought in 34% of overall bookings through big mixed-use townships.
• Delhi-NCR: Added 33% of total sales, led by large township demand in Indirapuram.
• Mumbai (MMR): Generated 20% of sales through luxury tower launches in Thane and Central Mumbai.
• Hyderabad, Chennai, and Pune: Made up the last 13% of demand, helping the firm work toward its goal of ₹50,000 crore in sales by 2030.

Prestige Group builds across four main property sectors, planning large spaces that gain value and earn steady rent. The team is now building 137 projects covering 229 million square feet across various urban hubs.

1. Residential Townships and Gated Enclaves

Prestige has finished 160 housing projects covering 139 million square feet so far. They build high-rise flats, luxury villas, and open plots inside planned communities. Famous ongoing projects include Prestige Falcon City Reserve in Bengaluru and Prestige Golden Grove in Hyderabad.

2. Grade-A Commercial Real Estate

Prestige Group has completed 125 office parks with 49 million square feet of space for rent. Many global tech, banking, and consulting firms lease offices in these buildings for long periods. Popular projects like Prestige Tech Park and Prestige Shantiniketan have occupancy rates above 95% throughout the year.

3. Retail Destination Malls

Prestige Group runs 13 large shopping malls under the Forum brand, with a total area of 10 million square feet. These malls have clothing shops, department stores, and cinemas in one place. They attract many shoppers and earn rental income from the stores and other businesses.

4. Hospitality and Leisure

Prestige Group works with well-known hotel brands like Marriott, Sheraton, and Hilton to run luxury hotels in major cities. These hotels have large halls for events and meeting rooms for business guests. They offer space for both business meetings and special events.

Prestige Group uses modern building methods to build tall towers safely and on time. It works with trusted engineering companies like Larsen & Toubro (L&T) to build strong buildings and deep basements. These methods help the company handle complex projects and maintain good construction quality.

• Aluminium Formwork: Uses metal wall forms that let crews pour concrete for an entire floor every 7 to 8 days.
• On-Site Concrete Plants: Runs dedicated cement mixing units directly on the building site to keep concrete quality high.
• Pre-Made Parts: Installs factory-made stairs, boundary walls, and bathroom pods to finish towers faster.
• Digital Site Scans: Uses site drones and laser leveling tools to spot building flaws right away.

Prestige Group builds green homes to save water and power across its sites, earning top marks from IGBC and LEED. Over 40 million square feet of their projects hold Gold or Platinum green seals.

• Rainwater Pits: Builds deep drainage wells that catch rainwater and recharge local groundwater levels.
• Water Treatment Plants: Cleans all wastewater on-site, using recycled water to flush toilets and water garden lawns.
• Solar Power Systems: Mounts solar panels on rooftops to light up shared hallways, lobbies, and clubhouses.
• Waste Processing Units: Uses compost machines to turn kitchen waste into garden manure for township parks.

The Prestige Place Mumbai is a 15-acre luxury apartment township in Thane West, offering 2,900 homes across 8 tall towers rising 44 to 55 floors. Located right along Ghodbunder Road, this project marks a major step in Prestige Group's expansion across the Mumbai Metropolitan Region (MMR). The master plan leaves 30% of the land (~4.5 acres) open for green parks, while the towers take up 38% of the space (~5.7 acres). This creates a comfortable living density of about 193 homes per acre.

The project brings spacious South Indian township design into Mumbai's high-rise lifestyle, serving working professionals and long-term buyers:

Key project details and travel links include:

• Road and Train Access: Sits 6.5 km from Thane Railway Station, links easily to BKC and Powai via Eastern Express Highway, and sits close to Metro Line 4.
• Clubhouse Amenities: Offers a Royal Clubhouse with indoor heated pools, a VR games room, gym, spa, yoga room, cafe, and a dog park.
• Maintenance Fees: Monthly upkeep costs ₹8 per square foot, with a 2-year advance fee of ₹120 per square foot paid directly into the society fund.
• Payment Terms: Uses a 10-step construction payment plan, asking for 10% to book, 10% on the sale agreement, and the rest as building stages finish.

Prestige Group builds every active project under strict Real Estate Regulatory Authority (RERA) rules, keeping dedicated bank accounts to protect buyer money. The firm follows all local housing laws, including Karnataka RERA, Telangana RERA, and MahaRERA rules.

• 70% Escrow Rule: The builder keeps 70% of buyer money in a separate project bank account so funds are used only for that specific site.
• Government Registrations: Every residential tower receives its own separate RERA number, ensuring layout plans and delivery dates stay clear and protected.
• 5-Year Repair Guarantee: Homeowners get 5 full years of free repairs for any core building or structural faults under Section 14(3) of the RERA law.
• Strong Financial Health: Prestige maintains high credit ratings from CRISIL and ICRA, keeping enough cash on hand to complete projects on time.