Prestige Estates Projects Included as Constituent of New BSE REITs & Commercial Real Estate Index

Prestige Estates Joins Inaugural BSE Commercial Real Estate Index

Prestige Estates Projects has been included as a constituent in the newly launched BSE REITs & Commercial Real Estate Index with a 9.49 per cent weightage, signaling institutional recognition of the developer's commercial property portfolio. Performance data as of June 30, 2026, shows the index has delivered an annualised total return of 11.80 per cent over one year and 23.57 per cent over three years.

The Index: First of Its Kind in India

The Bombay Stock Exchange (BSE), through its wholly owned subsidiary BSE Index Services, introduced the BSE REITs and Commercial Real Estate Index, marking the launch of India's first benchmark dedicated to tracking listed Real Estate Investment Trusts (REITs) alongside companies with substantial commercial real estate exposure. The index is designed to provide focused exposure to the country's yield-generating commercial real estate ecosystem.

The index has 12 constituents and will undergo a reconstitution process semi-annually every March and September. To promote diversification and reduce concentration risk, the index incorporates a 20% cap on individual constituents, which is expected to make the benchmark suitable for a wide range of investment products and portfolio strategies while preventing excessive dependence on any single company.

Prestige's Weighting Among India's Commercial Real Estate Players

Embassy Office Parks REIT holds the largest weightage at 20.01 per cent, followed by Brookfield India Real Estate at 17.23 per cent, Nexus Select Trust at 15.69 per cent, and The Phoenix Mills at 13.11 per cent, with Prestige Estates Projects at 9.49 per cent. Other constituents include Mindspace Business Parks REIT at 8.43 per cent, Oberoi Realty Ltd at 7.44 per cent, Knowledge Realty Trust at 3.75 per cent, Brigade Enterprises Ltd at 3.37 per cent, and Max Estates Limited at 0.81 per cent.

What the Index Covers

The index tracks the performance of listed REITs as well as companies operating in the residential and commercial projects segment that derive a significant portion of their revenues from commercial real estate assets and rental income. By combining these businesses under a single benchmark, the index offers diversified exposure to India's growing office, retail, and leasing-driven real estate market.

Prestige's Diversified Commercial Real Estate Portfolio

Prestige Estate Projects operates across various segments including Residential, Office, Retail, Hospitality, Property Management and Warehouses with operations in more than 12 major locations in India. The company has completed 125 office projects comprising a total area of 50 mn sq. ft., with 12 ongoing projects for 23 mn sq.ft. and 7 projects under the planning stage across 8 mn sqft.

Prestige has completed 13 retail projects comprising a total area of 10 mn sq. ft., with 1 ongoing project for 1 mn sq. ft. Beyond residential, Prestige operates a substantial commercial, retail and hospitality portfolio including the UB City premium retail destination in Bengaluru, the Forum mall chain (13 completed malls totalling 10 million sqft), Marriott / Hilton / Sheraton-branded hotels, and IT-park developments leased to Fortune 500 occupiers.

Index Purpose and Investor Access

The index can serve as the underlying benchmark for Exchange Traded Funds (ETFs) and index funds, enabling asset managers to introduce passive investment products focused on commercial real estate. The new index is expected to strengthen the country's passive investment ecosystem by providing investors with a transparent benchmark for income-generating commercial real estate assets.

Prestige Group's Track Record

As of June 2026, Prestige Group has completed 313+ projects, delivered over 206 million sq. ft., and recorded ₹30,024.5 Crore in FY26 sales. The company holds India's only CRISIL DA1+ rating, a distinction reflecting delivery consistency and financial strength. CRISIL reaffirmed the DA1+ rating in March 2026.

Prestige has developed residential colonies and commercial spaces in Bangalore, Chennai, Kochi, Calicut, Hyderabad, Mumbai, Mangalore, Goa and Delhi-NCR. The inclusion in the new BSE index underscores Prestige's position among India's institutional-grade real estate developers, particularly in the income-generating commercial segment that the index is designed to track.