Prestige Estates crosses ₹30,000 crore pre-sales milestone in FY26

BENGALURU: Prestige Estates Projects Ltd achieves highest annual pre-sales ₹30,024 crore in FY26, up 76% on the back of continued momentum throughout the year.

Bengaluru-based developer noted ₹There were 7,697 crore pre-sales in the January-March quarter alone. Prestige Estates said in a regulatory filing that bookings remained consistent across new project launches and existing inventory, reflecting resilient demand. Bengaluru, National Capital Region, Mumbai, Hyderabad and Chennai contributed to the pre-sales.

“Demand in our key markets remains encouraging and our focus on quality, location and on-time execution continues to resonate positively with our customers,” Prestige president and chief executive Irfan Razack said in a statement Tuesday. “With a solid pipeline of upcoming launches across geographies, we are optimistic about continuing this momentum.”

Prestige misses FY25 sales target with bookings down 19% ₹17,023 crore, below guided level ₹24,000 crore, mainly due to not enough new project launches due to approval delays.

based in mumbai Lodha Developers Ltd said on Tuesday that it had missed its FY26 pre-sale guidance. ₹21,000 crore due to the impact of the Iran war. Lodha Developers’ bookings increased ₹20,530 crore in FY26 ₹17,630 crore in the previous year.

strongest year

India’s top four real estate developers—Godrej Properties Ltd, Lodha Developers, DLF Ltd and Prestige Estates Projects — collectively aiming to intersect ₹1 trillion home sales in FY26 was the strongest year ever for branded companies, according to sales guides.

Godrej Properties has set a booking guide for ₹32,500 crore for FY26, it is yet to announce sales figures.

Crisil Ratings for housing in March The real estate sector seems to have entered a calibrated growth phase after a strong post-pandemic upswing, which has enabled it to achieve a compound annual growth rate of 26% in FY22-25. Stable operating performance, supported by healthy collections, has translated into controlled debt levels and supported developers’ credit profiles, the rating firm said.

Home sales in India’s leading cities fell 13% year-on-year to 98,761 units in the January-March quarter of 2026, falling below the 100,000 level for the first time in 18 quarters. According to the report of real estate analysis platform PropEquity, housing sales reached 113,602 units in the same period of 2025.