HOSPITALITY
Prestige Estates Eyes 15–20% Growth In FY27, Plans Up To ₹4,500 Cr Capex
Prestige Estates Projects expects to achieve a growth of 15% to 20% in FY27, backed by strong residential demand, aggressive project launches and continued expansion across key markets, senior company officials said during the earnings call. The Bengaluru-headquartered real estate developer also plans a capital expenditure of around ₹4,000 crore to ₹4,500 crore during the […]
Sajan C Kumar
·
May 27, 2026
HOSPITALITY
Prestige Estates To Develop ₹9,000 Cr Luxury Homes In Versova, Mumbai
Prestige Estates Projects Ltd has entered into a joint venture with Avinash Bhosale Group (ABIL Group) to develop a luxury residential project in Versova, Mumbai, through Aaramnagar Realty LLP, investing ₹180 crore to acquire a 50% stake. Strategic expansion in Mumbai Bengaluru-based Prestige Group, one of India’s leading real estate developers, is strengthening its presence […]
CW Bureau
·
Apr 10, 2026
INFRASTRUCTURE
Prestige Estates Record Annual Pre-Sales Of ₹30,024 Cr In FY26, Up 76%
Prestige Estates Projects Ltd, a leading real estate developer, for the first time achieved annual pre-sales of ₹30,024 crore for FY26 provisional and unaudited with a YoY of 76% over the corresponding period last year. This was also the highest ever pre-sale recorded so far. The growth in Q4 for 10% accounting for pre-sales of […]
CW Bureau
·
Apr 8, 2026
HOSPITALITY
Sundaram Clayton Sells 16.33 Acres Prime Land In Chennai For ₹558.62 Cr
Sundaram-Clayton Ltd (SCL), part of the TVS Group, has completed the sale of 16.33 acres of land in Padi, Chennai, for a total consideration of ₹558.62 crore. The company had entered into a sale agreement with Canopy Living LLP, a joint venture between Arihant Foundations & Housing Ltd and Prestige Estates Projects Ltd, on January […]
CW Bureau
·
Mar 26, 2026
