Prestige Estates Projects Limited — Updates, 09-04-2025: Press Release
Prestige Estates Projects Limited has launched four residential projects in Q4 FY25, totaling 14.03 million square feet across key markets including Bengaluru, Mumbai, and Hyderabad, with a gross development value (GDV) of ₹1,61,338 million. The response from customers has been robust, with significant sales recorded even before the quarter's end. Notable launches include Prestige Nautilus in Mumbai, which generated ₹23,857 million in sales within a month, and Prestige Southern Star in Bengaluru, achieving ₹13,821 million, along with Prestige Spring Heights in Hyderabad at ₹11,101 million.
These developments cater to a diverse range of buyers, including mid-segment to luxury markets. The company is optimistic about maintaining momentum with a solid pipeline of upcoming launches planned in Bengaluru, NCR, Chennai, and Mumbai. This positive reception underscores the brand's strength and the trust placed in Prestige by its customers, reflecting the company's ability to navigate challenges and deliver quality projects. Investors may view this as a signal of continued growth and opportunity in the real estate market.
