Prestige Group Targets ₹36,000 Cr Pre-Sales in FY27: 2026 Update

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Prestige Group has officially set a new sales target of ₹35,000 crore to ₹36,000 crore for the 2026–27 fiscal year (FY27), that marks a quick 15% to 20% growth rise. Strong demand for premium homes in India’s top cities is driving this fast expansion. This new milestone follows an amazing performance last year where the builder hit major high points in daily work and financial gains. Homebuyers and market experts are watching this shift closely as the luxury market grows fast to bring in massive numbers of new properties.

Company head Irfan Razack feels very confident about hitting these big targets. He noted that long-term home buying remains steady. This demand stays strong despite changes in global markets. It is pushing the company toward another landmark year of growth.

Reviewing the Success of Last Year


Why is this new sales goal realistic? Look at the solid foundation built during the 2025–26 period:

  • The Huge ₹30K Crore Milestone: Prestige Group recorded historic sales bookings of ₹30,024 crore last year.
  • Rapid Yearly Growth: This massive sales total showed a huge 76% jump compared to the year before. It easily beat the company’s original guidance.
  • Big Profits and Sales Expansion: Backed by steady work on the ground, the firm's net profit doubled to reach ₹1,195.5 crore. At the same time, total revenue nearly doubled to settle at ₹13,195.5 crore.

Razack noted that the previous year finished on a high note. Growth was balanced across many regions. Buyer demand did not depend on just one single area. Instead, it drew strong numbers evenly from all key hubs. This uniform success gives the company a very stable starting pad for its new FY27 property listings.

The Plan: New Launches Across Major Cities


Hitting a massive sales goal of ₹36,000 crore requires a steady supply of premium homes. To make this target a reality, Prestige Group has set up a strong launch pipeline which is worth around ₹60,000 crore across major Indian metros.

The primary regions driving this expansion include:

  • Bengaluru: The home base continues to sell steady luxury options. Most of these are near major IT hubs.
  • Mumbai (MMR): Premium joint projects and high-end redevelopments are expanding fast to meet elite housing demand.
  • Delhi-NCR: Rapid high-rise residential growth is moving ahead nicely. This follows highly successful initial projects in the area.
  • Hyderabad: Massive high-rise residential investments are maintaining excellent market traction. A key highlight is the newly launched Prestige Golden Grove township in the Velimela-Tellapur zone. This premium 28.7-acre project features 10 proposed high towers. With layouts from 2 BHK flats up to large 4 BHK units, it has already supplied major funding toward regional pre-sales goals.

Buyer Insight: Pros and Cons of Big Brand Growth


Are you trying to time your property purchase? Looking at a developer's financial health is vital.

The Key Advantages

  • Lower Project Delivery Risk: High cash collections and financial stability reduce the threat of stuck projects or long building delays.
  • Excellent Asset Security: Large, branded communities hold their resale value much better over time. They also attract high-income tenants quite easily.
  • Premium Community Features: Massive townships allow the developer to build top-tier shared features, like the extensive green spaces found at Prestige Golden Grove.

Things to Consider

  • Rising Construction Input Costs: Raw material prices have climbed steadily due to global market changes. This raw material spike pressures profit margins. It could also push final costs up by 5% to 7% for buyers.
  • Higher Floor-Rise Fees: High-rise vertical living means that premium upper-level units come with steeper extra costs. This can move top floors out of reach for traditional mid-market buyers.

The Value Landscape for Homebuyers


Modern Indian buyers see high-tier homes as a safe place to protect wealth over a long time. They do not look at these properties as tools for quick, short-term trading.

While seasonal sales speeds will naturally fluctuate, baseline market data shows steady demand in the ₹1 crore to ₹3 crore price bracket. Modern families want larger spaces, durable construction, and safe neighborhoods. As long as premium homes align with real public updates—like new transit routes and metro lines—the company’s big pre-sales goals match a highly responsive and healthy housing market.

FAQs


1. What is the specific sales target for Prestige Group in FY27?

Prestige Group wants to get an annual sales booking range of ₹35,000 crore to ₹36,000 crore for the 2026–27 fiscal year. This marks an estimated 15% to 20% growth over the last year's numbers.

2. How much did the company sell during the previous fiscal year?

The company recorded its highest-ever annual sales bookings of ₹30,024 crore during the 2025–26 fiscal year. This marked a great 76% growth compared to the prior year.

3. Which cities are part of the upcoming launch pipeline?

The company's pipeline covers major urban property markets. It focuses heavily on Bengaluru, Mumbai (MMR), Delhi-NCR, and the fast-growing tech areas of Hyderabad.

4. What is the entry price and size range at Prestige Golden Grove in Hyderabad?

Pre-launch pricing at Prestige Golden Grove starts from ₹93 Lakhs onwards for 2 BHK units. It starts from ₹1.31 Crore onwards for 3 BHK layouts and ₹2.20 Crore onwards for premium 4 BHK choices. Sizes run from 1,169 sq. ft. up to 3,013 sq. ft.

5. Are rising raw material costs changing home prices?

Yes. Increased costs for key raw materials have raised general building expenses across the sector. Because of these input cost pressures, developers are adjusting their launch pricing. Buyers can expect introductory property offers to go up as construction moves forward.

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