Prestige Estates plans ₹40,000 crore home launches in H2 FY27
In short
Prestige Estates says it will launch homes worth ₹40,000 crore in the second half of FY27. Its launches in April-September were 23.14 million square feet, with revenue potential of more than ₹16,200 crore.
The company is targeting ₹35,000-36,000 crore in sales bookings for FY27. The report says the homes are planned across Bengaluru, Mumbai, Delhi-NCR, Chennai and Hyderabad, but results are not yet known.
What the reporting says
Prestige Estates Projects plans to launch residential properties worth ₹40,000 crore in the second half of FY27, according to publisher summaries. The developer said launches in April-September totalled 23.14 million square feet with revenue potential of over ₹16,200 crore, and it is targeting ₹35,000-36,000 crore in sales bookings for FY27. The reporting says the pipeline spans Bengaluru, Mumbai, Delhi-NCR, Chennai and Hyderabad, but timing and absorption remain uncertain.
Why it matters
Prestige Estates Projects is planning residential launches worth ₹40,000 crore in the second half of FY27, up from more than ₹16,200 crore of revenue potential in April-September. The company is also targeting ₹35,000-36,000 crore in sales bookings for FY27, with projects spread across several major Indian cities. The event is important for the real estate market and housing demand, but the source does not say how much of the planned inventory will sell or when exactly the launches will happen.