Prestige Estates Plans 40,000 Cr Home Launches in H2 FY27

Prestige Estates plans ₹40,000 crore in residential launches across five Indian cities in H2 FY27, aiming to sustain housing demand and achieve annual sales bookings of ₹35,000–36,000 crore.

Prestige Estates Projects Ltd plans to launch residential properties worth ₹40,000 crore during the second half of FY27, as the Bengaluru-based real estate developer seeks to sustain sales momentum and capitalise on festive-season housing demand. The planned launches across Bengaluru, Mumbai, Delhi-NCR, Chennai and Hyderabad represent approximately 2.5 times the launch value recorded during the April–September period.  

During the first half of FY27, Prestige Estates launched residential projects spanning 23.14 million square feet, with an estimated revenue potential exceeding ₹16,200 crore. The company reports healthy demand across its residential portfolio, with new launches attracting strong buyer interest and sales from ongoing projects remaining steady.

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Chairman and Managing Director Irfan Razack says the upcoming launch pipeline is expected to help the company maintain its sales performance over the next two quarters. The developer recorded its highest-ever sales bookings of ₹30,024 crore in FY26, marking a 76% increase over the previous financial year.

Prestige Estates targets sales bookings of ₹35,000–36,000 crore in FY27. It has already recorded pre-sales worth ₹13,804.3 crore during the first six months of the fiscal year, providing a foundation for its annual target.

The company continues to expand its presence across residential, commercial, retail and hospitality segments, alongside integrated township developments. As of June 2026, the group has completed 319 projects covering 216 million square feet and maintains a development pipeline of 137 projects spanning 229 million square feet.

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The planned residential launches underline Prestige Estates' focus on expanding its housing portfolio across key Indian property markets while responding to sustained demand. The scale of its upcoming projects also reflects the company's strategy to strengthen its market presence and support growth in sales bookings during the second half of FY27.