Updates

Prestige FY26 Full Year Results: Revenue ₹12,685.4 Cr, Net Profit ₹1,195.5 Cr

Prestige Estates announced robust FY26 audited results with annual revenue of ₹12,685.4 crore (up 72.6%) and net profit of ₹1,195.5 crore (up 155.7%), with 20% final dividend approved.

Prestige Forms JV with ABIL Group for ₹9,000 Crore Versova Residential Project in Mumbai

Prestige Estates acquired 50% partnership interest in Aaramnagar Realty LLP for ₹180 crore with ABIL Group to develop a premium residential project in Versova, Mumbai with ₹9,000 crore GDV.

Prestige Signs JDA for ₹4,200 Crore Housing Project in Gurugram Sector 92

Prestige Estates signed a Joint Development Agreement for a 17.2-acre residential project in Sector 92, Gurugram, with estimated revenue potential of ₹4,200 crore and 3 million sq ft saleable area.

Prestige Signs ₹115 Crore Agreement with BMRCL for Bellandur Metro Station Co-Branding

Prestige Group signed a 30-year co-branding agreement with Bangalore Metro Rail Corporation for Bellandur Metro Station, investing ₹115 crore for station upgradation and securing naming rights.

Prestige Completes Acquisition of Aspire Spaces Tellapur LLP Stake

Prestige Estates completed acquisition of remaining stake in Aspire Spaces Tellapur LLP on February 18, 2026, making it a wholly-owned step-down subsidiary.

Prestige Completes Aspire Spaces Tellapur Acquisition for 10 MSF Hyderabad Project

Prestige acquired 100% partnership interest in Aspire Spaces Tellapur LLP for ₹1 million, targeting a 10 million sq ft residential development in Hyderabad's Tellapur area.

Prestige Issues Corporate Guarantee for Subsidiary Bharatnagar Buildcon

Prestige Estates Projects issued a corporate guarantee up to ₹300 crores for its subsidiary Bharatnagar Buildcon LLP's term loan facility from Canara Bank under SEBI Regulation 30.

Prestige Southern Star Phase 2 Pre-Launch Set for February 2026

Prestige announced that pre-launch activities for Prestige Southern Star Phase 2 (Begur/Akshayanagar) will begin in February 2026, with a GDV of ₹1,500 crore.

Prestige Acquires 11 Acres in Hyderabad Hitech City for Mixed-Use Development

Prestige Group acquired 11 acres in Hyderabad's Hitech City to develop a mixed-use project combining apartments and office spaces, strengthening its presence in the city's premier IT corridor.

Prestige Forms Two New Wholly-Owned Subsidiaries in January 2026

Prestige Estates Projects incorporated two new wholly-owned subsidiaries, 'Stellar Builder Dynamics LLP' and 'Stellar Envision LLP', to support expansion and project development initiatives.

Prestige Incorporates Two New Wholly-Owned Subsidiaries

Prestige Estates incorporated 'Stellar Builder Dynamics LLP' and 'Stellar Envision LLP' as wholly-owned subsidiaries on January 8, 2026, signaling new development initiatives.

Prestige-Arihant JV Acquires 16.4 Acres in Chennai Padi for ₹560+ Crore

Canopy Living LLP, a joint venture between Prestige Estates and Arihant Foundations, signed agreement to purchase 16.381 acres at Padi, Chennai, strengthening presence in high-quality urban locations.

Prestige Q3 FY26 Net Profit Surges to ₹222.6 Crore with 134% Sales Growth

Prestige Estates reported a 1,158% surge in Q3 FY26 net profit to ₹222.6 crore and sales growth of 134% to ₹3,872.6 crore, with collections rising 40% year-on-year to ₹4,547.5 crore.

Prestige Q3 FY26 Net Profit Surges 1,158% to ₹222.6 Crore

Prestige reported exceptional Q3 FY26 results with net profit of ₹222.6 crore (up 1,158%) and sales of ₹3,872.6 crore (up 134%), reflecting strong market momentum.

Prestige Acquires 25-Acre Land in Chennai Medavakkam for ₹5,000+ Crore Development

Prestige Estates strategically acquired 25 acres in Chennai's Medavakkam area with estimated revenue potential exceeding ₹5,000 crore, strengthening presence in the mid-segment housing sector.

Prestige Raises ₹462.64 Crore Through Institutional Share Placement

Prestige Estates Projects raised ₹462.64 crore through preferential allotment of approximately 1.24 crore equity shares to institutional investors at ₹372.50 per share.

Prestige Group Exits Lutyens Delhi Project, Sells Bungalow for ₹450 Crore

Prestige Group exited its planned Lutyens' Delhi luxury project after regulatory delays, selling a prime Kasturba Gandhi Marg bungalow for ₹450 crore acquired in 2023 for ₹300 crore.

Prestige City 2.0 Survey Forms Go Live on December 12, 2025

Prestige announced that survey forms for Prestige City 2.0 in Sarjapur went live on December 12, 2025, with a projected GDV of ₹1,500 crore following the success of its previous township projects.

Prestige Announces Strong H1 FY26 with ₹12,126 Cr Pre-Sales, Leads Market

Prestige Estates recorded highest pre-sales among 28 listed realty companies with ₹12,126.4 crore in Q1 FY26, demonstrating market leadership.