Prestige plans over ₹40,000 crore in residential launches in H2 FY27

Prestige Estates Projects plans residential launches with more than ₹40,000 crore in revenue potential across Bengaluru, Mumbai, Delhi-NCR, Chennai and Hyderabad during the second half of FY27, Chairman Irfan Razack said on 20 October 2026. The Bengaluru-based developer’s planned October 2026 to March 2027 pipeline is about 2.5 times the value of its launches in the first half.

The figure refers to the potential value of projects to be launched, not sales already booked. Prestige did not provide a city-by-city split, the expected number of homes or names and launch dates for the H2 projects.

First-half launches and sales

In its operational update filed with the NSE on 13 October, Prestige said its residential launches in April-September covered 23.14 million sq ft and had revenue potential of more than ₹16,200 crore. The company’s first-half pre-sales—the value of homes booked—stood at ₹13,804.3 crore.

In the second quarter, the company launched three residential projects spanning 5.91 million sq ft, with a combined gross development value of about ₹4,020 crore. These were Prestige Palm Court in Chennai, Garden Breeze at TPC in Bengaluru and Prestige Parklane in Bengaluru. The company said second-quarter pre-sales rose 20% year on year and 10% sequentially to ₹7,225 crore.

Razack said new launches, including a couple introduced towards the end of the second quarter, saw good sales traction. Prestige is targeting full-year FY27 bookings of ₹35,000 crore to ₹36,000 crore.

Five markets in the pipeline

The planned launches extend across the developer’s key southern markets as well as Mumbai and Delhi-NCR. Bengaluru and Chennai already featured in the second-quarter launch slate: Parklane is in Bengaluru, while Palm Court is in Chennai. The company has not named the individual projects planned for the next two quarters.

For buyers, the pipeline means more Prestige projects may come to market through March 2027, but the announcement does not yet provide details to assess a particular home, location or launch schedule. Project-level information, including applicable RERA registration, will be relevant as individual launches are announced.

The scale-up also makes launch execution important. Prestige’s operational update gives the H2 value target, while project-level approvals and launch timing will determine how much of that pipeline reaches the market during the period. The next figures to watch are the launches actually made and the company’s progress towards its ₹35,000 crore to ₹36,000 crore booking target.