Prestige Group Quarter 2 Performance Report - November 2025

Prestige Estates Projects Ltd is one of India’s leading real estate developers. It has a strong presence in residential, commercial, retail, and large mixed-use township projects. The company operates in multiple cities and shares a detailed performance update every quarter. These updates include the number of homes sold, the area delivered, the collections received from customers, and the performance of its office and retail portfolios.

For Q2 and H1 FY26, covering the period ending 30 September 2025, Prestige has delivered one of the strongest results in its history. The company recorded exceptional sales, introduced key new project launches, achieved timely customer collections, and maintained high occupancy levels across its office and retail assets.

This article provides a clear and complete overview of Prestige’s official Q2 and H1 FY26 performance.

Record-Breaking Half-Year Performance

The most important highlight is the highest-ever half-year sales in the company’s history.

Total Sales in H1 FY26: ₹1,81,437 million
Growth: 157% higher than the same period last year
Milestone: Prestige sold more in six months than in the entire FY25

This shows strong trust from customers. It also shows that Prestige’s projects are in high demand.

Strong Q2 FY26 Sales

The second quarter of FY26 also showed strong results.

Q2 FY26 at a Glance.

Category	Result
Total Sales	₹60,173 million
Year-on-Year Growth	+50%
Area Sold	4.42 million sq ft
Area Growth	+47%
Units Sold	2,069 units

Prestige sold more homes and more square feet than in the same quarter last year. This means more buyers are choosing Prestige projects.

Higher Price Realisations

Prestige also earned more money per square foot on the homes and plots it sold.

Q2 FY26 Realisations

Segment	Realisation (₹/sq ft)	Growth
Apartments	₹14,906	+8% YoY
Plots	₹9,510	+43% YoY

H1 FY26 Realisations

Apartments: ₹13,769 per sq ft (+6% YoY)
Plots: ₹8,425 per sq ft (+17% YoY)

This means customers are ready to pay more for Prestige homes and plots. They see value in the brand, the locations, and the design quality.

Strong Collections and Cash Flow

Prestige also collected money from customers on time. Strong collections give the company the cash it needs to keep construction going and finish projects on schedule.

Collections Summary

Period	Collections	Increase
Q2 FY26	₹42,128 million	+54% YoY
H1 FY26	₹87,356 million	+55% YoY

These numbers show that customers are paying as planned. It also shows that projects are moving ahead as promised.

City-Wise Sales Mix

Prestige sells in many cities. This gives it a balanced business.

Sales Share by City

City	Q2 FY26 Share	H1 FY26 Share
Bengaluru	40%	27%
NCR	18%	45%
Mumbai	22%	16%
Hyderabad	11%	7%
Chennai	7%	4%
Others	2%	1%

Bengaluru remains a key market. But the NCR region is also very important now. It contributed 45% of total sales in H1 FY26, mainly due to The Prestige City Indirapuram.

New Project Launches

To support future growth, Prestige launched several new projects.

Q2 FY26 Launches: 3.87 million sq ft
Q2 GDV (Gross Development Value): ₹39,669 million
H1 FY26 Launches: 18.81 million sq ft
H1 GDV: ₹1,75,922 million

Details of Q2 FY26 Launches

No.	Project	Location	Segment	Area (mn sq ft)	GDV (₹ mn)
1	Mayflower @ The Prestige City	NCR	Residential	1.94	21,297
2	Prestige Autumn Leaves	Bengaluru	Residential – Plots	0.63	6,000
3	Prestige Greenbrook	Bengaluru	Residential – Plots	0.74	7,018
4	Prestige Crystal Lawns	Bengaluru	Residential – Plots	0.56	5,354
TOTAL	—	—	—	3.87	39,669

These launches add new apartments and plots to Prestige’s portfolio. They give more options to buyers in NCR and Bengaluru.

Timely Project Completions

Prestige also completed and delivered projects as planned. Timely delivery is very important in real estate.

Total Completions in H1 FY26: 7.99 million sq ft

Q2 FY26 Completions

No.	Project	Location	Segment	Area (mn sq ft)
1	Aspen Greens @ TPC	Bengaluru	Residential	0.50
2	Avalon Park @ TPC	Bengaluru	Residential	2.03
TOTAL	—	—	—	2.53

These completed projects are part of The Prestige City in Bengaluru. They show that Prestige can deliver large townships in planned phases.

Office Business Performance

Prestige’s office portfolio also did well in Q2 FY26.

Gross Leasing: 2.3 million sq ft
Portfolio Occupancy: 93.42%
FY26 Exit Rentals: ₹8,199 million

High occupancy means most of the office space is rented out. This brings stable rental income to the company.

Retail (Malls) Business Performance

Prestige’s malls and retail centres attracted many visitors and did strong business in Q2.

Q2 FY26 Turnover: ₹6,236 million (+9% YoY)
Footfalls: 4.8 million visitors
Portfolio Occupancy: 99%
FY26 Exit Rentals: ₹2,717 million

Almost all of the mall space is occupied. This shows that brands and retailers trust Prestige malls and want to be present there.

Message from the Chairman

Chairman and Managing Director Mr. Irfan Razack shared his thoughts on the performance. He said he is proud of the record sales and strong collections in H1 FY26.

He highlighted strong contributions from cities like Bengaluru, NCR, and Mumbai. He also pointed to the success of two major projects:

Prestige Nautilus, Mumbai
- More than 60% of the inventory was sold
- Worth over ₹4,400 crore
- Achieved within just a few months
The Prestige City Indirapuram, NCR
- Sales of over ₹8,300 crore
- Collections of around ₹1,500 crore
- Also achieved in a short time