Prestige Estates to Invest 15,000 Cr in Projects This Fiscal

Synopsis: Prestige Estates plans to invest ₹15,000 crore in FY27 to accelerate construction of residential and commercial projects across key Indian markets, supporting expansion and timely project delivery.

Real estate developer Prestige Estates Projects has announced plans to invest 14,000–15,000 crore during FY27 to accelerate the construction of residential and commercial projects across South India, the Mumbai Metropolitan Region (MMR), and Delhi-NCR. The investment reflects the company's strategy to strengthen project execution while expanding its presence in key property markets. 

According to Executive Director Zayd Noaman, the company expects to allocate 9,500–10,000 crore towards residential developments and 4,500–5,000 crore for commercial assets, including office complexes and shopping malls. The planned expenditure is higher than the approximately 13,500 crore spent on construction during FY26, highlighting Prestige's focus on scaling up development activities.

Also Read: Dubai Real Estate Hits Dh900 Million with Luxury Property Sales

The investment follows a record financial year for the Bengaluru-based developer. Prestige Estates reported sales bookings of 30,024 crore in FY26, a 76% increase over the previous fiscal, driven by strong demand across its major markets. The company also recorded a two-fold increase in net profit to 1,195.5 crore, while total income rose to 13,195.5 crore during the year.

Prestige is targeting 35,000–36,000 crore in sales bookings during FY27. To support this objective, the company has a launch pipeline valued at around 58,000 crore across major cities, although the timing of launches will depend on receiving regulatory approvals. The developer remains focused on disciplined expansion, timely execution, and strengthening its portfolio of income-generating commercial assets.

Prestige Estates has been expanding its footprint across residential, commercial, retail, and hospitality segments. Since its inception, the company has delivered 313 projects covering approximately 206 million square feet and currently has a pipeline of 128 projects spanning around 195 million square feet.

Also Read: Nisus Finance Invests 70 Crore in Bengaluru Housing Projects

The planned investment underscores growing confidence in India's real estate sector, where sustained demand for premium housing and Grade A commercial spaces continues to drive large-scale project development. By increasing construction activity and maintaining a robust launch pipeline, Prestige Estates aims to capitalise on favourable market conditions while delivering long-term value to customers and stakeholders.