Prestige Estates Projects has delivered one of the strongest nine-month sales performances seen in India’s listed real estate sector, signalling a structural shift in urban housing demand across multiple metros. The Bengaluru-headquartered developer recorded residential pre-sales of Rs 22,327 crore for the nine months ended December 2025, overtaking its previous annual peak well before the financial year closed. For cities grappling with housing shortages, infrastructure pressure and climate adaptation, the scale and spread of this demand carries wider implications.
Industry analysts attribute the surge to sustained end-user confidence, steady execution and a wider geographic footprint that has reduced reliance on a single market. Sales momentum remained firm in the October-December quarter, when the company logged over Rs 4,100 crore in bookings, alongside nearly three million square feet of absorption. Higher realisations across apartments and plotted developments suggest buyers are prioritising location quality, infrastructure access and long-term liveability rather than speculative pricing. The distribution of sales highlights how India’s housing story is no longer city-centric. Mumbai emerged as the largest contributor during the quarter, followed by Bengaluru, Hyderabad and the National Capital Region. Urban planners note that this dispersion mirrors employment decentralisation and public investment in transport corridors, which are reshaping how households choose homes across regions. Equally significant has been the rise in collections, with inflows during the quarter exceeding Rs 4,500 crore and cumulative nine-month collections crossing Rs 13,000 crore.
Strong collections are increasingly viewed as a proxy for buyer trust and project discipline, especially at a time when regulators and lenders are closely tracking cash flows to prevent stalled developments. A senior real estate analyst said such liquidity strength allows developers to invest in construction efficiency, energy-smart design and timely delivery. On the supply side, Prestige Estates accelerated launches across residential and retail formats, adding nearly 24 million square feet during the nine months. The company also completed over 12 million square feet of built space, reinforcing its execution credentials. Urban development experts point out that timely completions reduce pressure on peripheral sprawl and help cities consolidate growth around existing infrastructure. Beyond housing, the developer’s office and retail assets continued to provide income stability, with occupancy levels remaining above 95 percent. Leasing and mall footfalls improved steadily, reflecting the gradual normalisation of work and consumption patterns in dense urban centres.
As Prestige Estates sales continue to scale, the challenge ahead lies in aligning volume growth with sustainable urban outcomes. With cities under stress from climate risks, mobility constraints and affordability gaps, large developers will increasingly be judged not just by numbers, but by how responsibly they shape India’s expanding urban fabric.
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Prestige Estates Nine Month Surge Reshapes Property Markets
