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Prestige Estates Q2 Pre-Sales Surge 20 Percent to 7,225 Crore Rupees
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CNBC Awaaz•13-10-2026, 14:47
Prestige Estates Q2 Pre-Sales Surge 20 Percent to 7,225 Crore Rupees
- •Prestige Estates reported a 20 percent year-on-year increase in pre-sales, reaching 7,225 crore rupees for the second quarter.
- •The company's collection for the second quarter stood at 5,294 crore rupees with an average realization of 12,375 rupees per square foot.
- •Three new residential projects were launched during the quarter with a total gross development value of 4,020 crore rupees.
- •Company shares traded 3.84 percent higher at 1,473.65 rupees following the business update.
Key Questions Answered
Prestige Estates reported a 20% year-on-year increase in pre-sales, reaching ₹7,225 crore for the second quarter, while collections for the same period stood at ₹5,294 crore.
During the second quarter, Prestige Estates launched three new residential projects with a total gross development value (GDV) of ₹4,020 crore.
The average realization for Prestige Estates during the second quarter was ₹12,375 per square foot.
