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Prestige Estates to invest Rs 15,000 cr this fiscal in housing, commercial projects
Prestige Estates Projects is set to invest a substantial Rs 15,000 crore this fiscal year in developing residential and commercial properties across key South Indian regions, Mumbai, and Delhi-NCR. Following a record Rs 30,024 crore in sales bookings last fiscal, the company is prioritizing timely project execution. This significant investment underscores their commitment to disciplined growth and expanding their robust project pipeline.
Prestige Estates to buy 50% stake in Mumbai commercial project for up to ₹504 crore
Prestige Estates will acquire a 50% stake in Advent Convention and Hotels International for up to ₹504 crore in cash, giving it a share in a commercial project coming up in Mumbai's Andheri East with an estimated development value of around ₹4,500 crore.
Max Estates Q1 sales bookings jump five-fold to Rs 1,100 cr on strong housing demand
Max Estates Ltd has reported a remarkable fivefold surge in sales bookings, reaching Rs 1,100 crore in the first quarter of this fiscal year. This impressive growth is attributed to robust demand for its housing projects across Delhi-NCR, particularly in Gurugram and Noida. The company also launched a new project in Gurugram with significant revenue potential, underscoring its strong market position and commitment to meeting buyer expectations.
HSBC signs 1.2 million sq ft GCC deal with Prestige Group in Bengaluru
HSBC has signed an LOI with Prestige Group for a 1.2 million sq ft, 20-year campus lease in Bengaluru worth over ₹3,000 crore, consolidating its India GCC operations under one roof. The bank will occupy Prestige Lakeshore Drive, with move-in expected next year.
HSBC inks pact with Prestige Group to pre-lease 1.2 million sq ft office in Bengaluru
Global banking giant HSBC has secured a massive 1.2 million sq ft office space in Bengaluru's Prestige JRC Signature Towers. This significant deal, valued at over Rs 3,000 crore for a 20-year lease, highlights Bengaluru's appeal for multinational financial firms. The under-construction campus, set for completion in October 2027, underscores the strong demand for integrated, high-quality office spaces in India's tech and finance hub.
Stocks to Watch for July 1: Auto stocks, Kotak Mahindra Bank, Prestige Estates, KPIT Tech and more
From KPIT Tech expecting its financial performance for the June quarter (Q1FY27) to fall short of earlier expectations to Kotak Mahindra Bank Ltd signing a business transfer agreement worth about ₹281.7 crore in cash to acquire Deutsche Bank AG’s retail banking, here are stocks to track ahead of Wednesday trading session.
Prestige Estates launches phase 2 of Mulund project with ₹2,200 crore GDV
Shares of Prestige Estates Projects Limited ended at ₹1,559.50, up by ₹20.50, or 1.33%, on the BSE.
Prestige Group to launch 2 housing projects in Delhi-NCR this fiscal with potential revenue of Rs 7000 crore
Prestige Estates is significantly expanding its presence in Delhi-NCR, planning two new housing projects this fiscal year with an estimated revenue of Rs 6,800 crore. This follows a successful launch last year, which garnered substantial pre-sales. The company is bullish on the market, aiming for Rs 35,000-36,000 crore in sales bookings overall this fiscal, driven by strong customer demand for long-term real estate investments.
After Delhi Aerocity, Prestige plans mega mixed-use project in Bengaluru airport
The 1.5 million sq ft hospitality-led Prestige Centre project on 14.2 acres of land will be ready by 2030. It will have Marriott Marquis and St. Regis-branded hotels, besides around 350,000 sq ft of office space. Prestige will invest around ₹1,800 crore in the project.
Prestige unveils convention centre in Bengaluru Airport City
Prestige Group, in partnership with Bengaluru Airport City (BACL), today announced a landmark integrated destination within Bengaluru Airport City that will bring together business, hospitality, culture, and experiences in one seamlessly connected ecosystem. Anchored by a state-of-the-art convention centre, the development marks a significant milestone in the evolution of Bengaluru Airport City as a vibrant urban destination.
TTK Prestige doubles induction cooktop capacity, says demand surge is ‘here to stay’
TTK Prestige expects induction cooktops to become a larger contributor to its business as consumer adoption accelerates, prompting the company to expand production capacity two-fold amid sustained demand momentum.
Prestige Estates' Gains From Record FY26 Bookings — Axis Sees 32% Upside Left Despite Delay Risks
One of the key drivers for optimism remains the company's FY27 launch pipeline, estimated at nearly Rs 68,000 crore gross development value.