Prestige Estates to Invest 15,000 Crore in Construction This Fiscal
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The developer plans to ramp up construction across South India, Mumbai Metropolitan Region and Delhi-NCR after reporting record annual sales bookings of ₹30,024 crore in FY26.
Prestige Estates Projects Ltd. plans to invest around ₹15,000 crore in construction during the current financial year, focusing on projects across South India, the Mumbai Metropolitan Region (MMR) and Delhi-NCR.
The investment follows a record year for the Bengaluru-based developer. According to company figures cited by Business Standard, Prestige recorded sales bookings worth ₹30,024 crore in FY26, a 76% increase over the previous year.
The planned expenditure will be directed toward residential and mixed-use developments in key markets where the company has expanded its presence in recent years. South India continues to be Prestige's largest market, while Mumbai and Delhi-NCR have become important growth centres.
The company has been increasing its footprint beyond Bengaluru through new launches and partnerships in Mumbai and the National Capital Region, betting on sustained demand for housing in India's largest urban markets.
The expansion comes at a time when major listed developers are accelerating project execution to capitalize on strong demand in the residential sector. Infrastructure investments and improved connectivity in cities such as Mumbai, Noida and Gurugram have supported demand for both premium and mid-segment housing.
Prestige's investment plan highlights the scale at which large developers are operating as India's real-estate market consolidates around established players with access to capital and the ability to execute large projects.
For homebuyers, the company's construction push could translate into a larger supply of homes across Bengaluru, Hyderabad, Mumbai and Delhi-NCR over the coming years.
Sources https://www.business-standard.com/topic/real-estate
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