Prestige Group Commercial Projects: Operational Highlights
Prestige Group is a well-known real estate company in India. Apart from building homes, it also develops commercial projects, such as office buildings and business spaces. These places are rented to companies, and the rent helps the company earn steady income every year.
This blog explains the operational highlights of Prestige Group’s commercial projects, including completed, ongoing, and upcoming projects, along with leasing, occupancy, and future rental income.
Commercial Projects Overview
As of now, Prestige Group has a large commercial portfolio spread across major cities in India.
- Completed Projects:
- 125 projects
- 49 million square feet
- Ongoing Projects:
- 13 projects
- 24 million square feet
- Upcoming Projects:
- 11 projects
- 14 million square feet
This shows that Prestige Group has many offices already in use and more coming up in the future.
Operational Highlights – Q2 FY26
During Q2 FY26, Prestige Group showed strong performance in its commercial business.
Key highlights include:
Total Leasing: 2.30 million square feet
- (This means new office space was rented during the quarter.)
Occupancy: 93.42%
- (This means most of the office spaces are already occupied by tenants.)
- Exit Rentals: ₹8,286 million
- (This is the annual rent earned from leased commercial spaces at exit levels.)
High occupancy shows that companies prefer Prestige Group’s office buildings.
Commercial Portfolio Rental Strength
Prestige Group’s commercial projects generate regular rental income, also called annuity income. This income is expected to grow every year as more buildings become operational.
- Exit Rentals by FY30: ₹39,043 million
- CAGR: 47%
- (This shows strong growth in rental income over the years.)
Why Commercial Projects Are Important
Commercial projects are important because:
- They provide fixed rental income every year
- They are usually leased to large companies
- They help the company earn money even when home sales slow down
Prestige Group’s high occupancy level shows strong demand for its office spaces.
Prestige Group’s commercial projects show strong operational performance. With 125 completed projects, high occupancy of 93.42%, and growing rental income, the company has built a solid commercial business. Ongoing and upcoming projects will further increase office space and rental earnings in the coming years.
By FY30, with exit rentals expected to reach ₹39,043 million, Prestige Group’s commercial portfolio will continue to be a key source of steady and reliable income.
Prestige Group Prelaunch Project is Prestige Golden Grove.
