13 Oct 2026
Prestige Estates' September-quarter pre-sales rose 20% to Rs 7,225 crore, taking the first half to Rs 13,804 crore.
Bengaluru contributed 41% of the quarter's sales and Hyderabad 32%, with Mumbai at 12% and Chennai at 8%.
30 Sep 2026
Prestige Estates' hotel arm raised Rs 3,000 crore from CPP Investments, which takes about 27 percent of Prestige Hospitality Ventures.
The money lands in three tranches, with Rs 950 crore going to Prestige for existing shares and Rs 550 crore of fresh capital first. It replaces the Rs 2,700 crore hotel IPO draft withdrawn in September.
26 Sep 2026
Prestige Estates withdrew the Rs 2,700 crore IPO draft filed for its hotel arm in April 2025.
The issue was Rs 1,700 crore of fresh equity and a Rs 1,000 crore promoter sale. CPPIB committed up to Rs 3,000 crore to the same business in August, which makes an early listing less pressing.
17 Sep 2026
Prestige Estates launched Garden Breeze at The Prestige City, Sarjapur, with an estimated gross development value of Rs 1,100 crore.
The 10-acre project holds 655 apartments across four towers and about 0.93 million square feet of saleable area. It is the seventh and final phase of the Sarjapur township.
03 Sep 2026
Prestige Estates picked up a 17.14 acre land parcel in Sector 109 Gurgaon for a residential project with an estimated gross development value of 5,600 crore rupees.
The plot carries about 2.8 million square feet of saleable area off the Dwarka Expressway, and Delhi NCR already contributed close to 45 percent of group sales in the first half of FY26.
28 Aug 2026
Prestige Estates launched Prestige Palm Court in Madhavaram, North Chennai, 910 apartments across 7.98 acres with a gross development value of Rs 1,330 crore.
The company intends three to four Chennai launches this financial year, so this is the opening leg of a stated regional push rather than a single project.
30 Jun 2026
Prestige Estates launched Phase 2 of Forest Hills in Mulund, Mumbai.
It adds 500 premium 3 and 4 BHK homes with about Rs 2,200 crore GDV. The 15-acre plot sits in the larger Prestige City township. Homes start above Rs 3 crore, with possession around 2030.