Strong Q4 recovery with ₹6,957 Cr in new sales; Realization per sq. ft. surges up to 50% YoY across segments; Bengaluru, Mumbai, and Hyderabad lead contribution
Prestige Estates Projects Limited, one of India’s leading and most trusted real estate developers, has announced its operational performance for the fourth quarter and full financial year ended March 31, 2025. Despite deferred launches due to approval delays, the company posted annual new sales of ₹17,023 crore for FY25, demonstrating strong customer demand in its core markets and higher price realizations across product segments.
Q4 FY25 Highlights: Strong Finish to the Fiscal
In the fourth quarter of FY25, Prestige Estates recorded ₹6,957 crore in new residential sales, representing a 48% year-on-year (YoY) growth, fueled by successful new launches and continued demand for its premium offerings.
Sales Volume: 4.49 million sq. ft. (+9% YoY)
Total Units Sold: 2,301
Average Realization: ₹15,524 per sq. ft. for apartments, villas, and commercial products (+25% YoY)
Plotted Development Realization: ₹6,975 per sq. ft. (+27% YoY)
Collections: ₹3,155 crore (-9% YoY)
New Launches: 14.03 million sq. ft. across 4 major projects with a combined Gross Development Value (GDV) of ₹16,134 crore
Key project launches included:
Prestige Suncrest and Prestige Southern Star Phase 1 in Bengaluru Prestige Nautilus in Mumbai Prestige Spring Heights in Hyderabad.
FY25 Annual Performance: Realization Growth Cushions Volume Dip
Prestige Estates closed FY25 with ₹17,023 crore in new residential sales, despite a 19% YoY decline attributed primarily to launch delays. The company compensated with strong realization growth and a healthy mix of sales across key metro markets.
Total Sales Volume: 12.58 million sq. ft. (-38% YoY)
Units Sold: 5,919
Average Realization: ₹14,113 per sq. ft. for apartments/villas/commercial (+36% YoY)
Plotted Development Realization: ₹7,167 per sq. ft. (+50% YoY)
Collections: ₹12,084 crore (+1% YoY)
New Launches: 26.28 million sq. ft. with GDV of ₹26,223 crore
Project Completions: 3.04 million sq. ft. in Bengaluru, including Prestige Primrose Hills Phase 1 and Prestige Waterford
City-Wise Sales Contribution
Bengaluru: 45%
Mumbai: 30%
Hyderabad: 23%
Other markets: 2%
Commercial and Retail Portfolio Delivers Steady Performance
Office Segment
Gross Leasing: 4.10 million sq. ft.
Portfolio Occupancy: Maintained at over 90%
Retail Segment
Gross Turnover (GTO): ₹2,264 crore across its malls
Total Footfalls: 18 million
Occupancy Rate: 99%, reflecting strong tenant demand and foot traffic.
About Prestige Estates Projects Limited
Prestige Estates Projects Limited is one of India’s most prominent and trusted real estate developers, headquartered in Bengaluru, Karnataka. Established in 1986, the Prestige Group has grown into a leading player in the Indian real estate industry with a diversified portfolio spanning residential, commercial, retail, hospitality, and mixed-use developments.
