Bengaluru: Realty firm Prestige Estates Projects Ltd on Wednesday reported a four-fold jump in its sales bookings to ₹12,126.4 crore in the first quarter of this fiscal, driven by strong demand for its residential project in Ghaziabad.
The company’s sales bookings or pre-sales stood at ₹3,029.5 crore in the same period a year ago.
In a regulatory filing, the company said it has “started FY26 with its strongest quarterly performance ever, recording an all-time high of ₹12,126.4 crore in sales for the quarter ended June 30, 2025 (Q1 FY26), registering a growth of 300 per cent over the same period last year”.
The company sold 4,718 units, taking its sales to 9.55 million sq ft, a growth of 234 per cent year-on-year. The average price realisation for apartments stood at Rs 13,339 per sq ft, while plotted developments realised Rs 7,343 per sq ft.
Irfan Razack, Chairman and Managing Director, Prestige Group, said the April-June quarter has proved to be a milestone for Prestige, with remarkable progress on several fronts.
He further added, “We made a strong entry into the NCR market with the launch of The Prestige City at Indirapuram, which received a tremendous response and almost 80 per cent of the inventory was sold at the time of launch – a clear reflection of customer confidence and our growing brand equity in North India.”
Razack said the NCR project played a key role in achieving the highest ever quarterly sales.
As of March 2025, the Group has delivered 302 projects spanning 193 million sq ft and currently has a pipeline of 130 projects spanning 203 million sq ft.
