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Prestige Estates Q4 FY25 Profit Falls 82%, Company Eyes Long-Term Growth with ₹14,500 Cr Projects

Prestige Estates reported an 82% YoY drop in Q4 FY25 profit to ₹25 crore. Despite the setback, the firm is pushing ahead with major projects in Mumbai and Delhi-NCR worth over ₹14,500 crore.

By Admin

  • 31st May 2025
  • 1156 Views
Prestige & Arihant Join Forces to Unlock Chennai Real Estate Potential

Prestige Estates and Arihant Foundations have entered a joint venture to develop residential, commercial, retail, and hospitality projects in Chennai, marking a strategic expansion for both real estate firms

By Admin

  • 12th May 2025
  • 1173 Views
Prestige Makes NCR Debut with Rs 12,000 Cr Township; Focuses on Quality Over Quantity

Irfan Razack announces Prestige’s NCR plans with a ₹12,000 Cr Ghaziabad project and expansions in Noida, Gurgaon, and central Delhi.

By Admin

  • 7th May 2025
  • 1172 Views
Prestige Hospitality Ventures Seeks to Raise ₹2,700 Crore Through IPO; Growth, Debt Retirement in Focus

Prestige Hospitality Ventures, managing JW Marriott Prestige Golfshire and Conrad Bengaluru, files for IPO to boost hospitality growth and financial health.

By Admin

  • 27th Apr 2025
  • 1201 Views
Prestige Estates Plans Debt Reduction and Aggressive Expansion with QIP Funds

Prestige Estates Projects, a prominent real estate developer, disclosed its intention to allocate the ₹5,000 crore it raised through a Qualified Institutional Placement (QIP) earlier this month.

By Admin

  • 15th Sep 2024
  • 1347 Views
WeWork India Expands Aggressively in Delhi-NCR with Major Leases

WeWork India is reportedly in discussions to lease over 400,000 sq ft of office space across three significant properties in Delhi and Gurugram. This move is seen as part of their aggressive expansion strategy in the Delhi-NCR region, according to sources familiar with the situation.

By Admin

  • 31st Aug 2024
  • 1365 Views
Bangalore-based Prestige Estate to Double Hospitality Holdings with INR 1700 Crore Investment

Bangalore-based Prestige Estate Projects plans to treble its hotel portfolio with a ₹1700 crore investment in the next 3-4 years. Managing 1,849 keys across India, the business aims to create ₹1,800 crore in income, tripling current sales of ₹900 crore.

By Admin

  • 1st May 2024
  • 1419 Views
Prestige Group Secures Prime 21-Acre Land in Whitefield for Luxury Residential Development

The Prestige Group, a renowned Indian real estate developer, has carefully bought 21 acres of prime Whitefield, Bangalore property. For the firm, this Rs 450 crore acquisition signifies a major expansion in one of the city's key IT corridors.

By Admin

  • 6th Apr 2024
  • 1471 Views
Prestige Group to Expand Retail Real Estate With 9 Million Sq Ft of New Mall Space

Prestige Group, a renowned Bengaluru-based real estate developer, wants to build 9 million square feet of mall space in important Indian cities within three years. Muhammad Ali, Retail CEO, is planning to expand into Mumbai and Delhi-NCR, signalling a major development phase for the organisation.

By Admin

  • 14th Feb 2024
  • 1371 Views
Bengaluru Based Prestige Group Registers a Whopping 111 per cent Sales Growth in Q3 FY24

In the third quarter of fiscal year 24, Bengaluru-based real estate developer The Prestige Group earned Rs 5,326.1 crore. Over the last year, growth has been 111%. A January 9 regulatory filing indicated a 5.46 million-square-foot construction.

By Admin

  • 11th Jan 2024
  • 1364 Views
Bangalore Based Prestige Group Expands Its Horizon in Pune and Mumbai Real Estate Markets

The Prestige Group wants to develop 1 million square foot residential apartments in Pune in 2024. This enterprise might earn Rs 750–Rs 1,000 crore. Ahmed said the Bengaluru-based developer would launch 3 million square feet of property in Mumbai seeking Rs 15,000 crore in revenue next year.

By Admin

  • 20th Dec 2023
  • 1550 Views
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