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Prestige Group to Launch Two Housing Projects in Delhi-NCR in FY26-27; Targets Rs 7,000 Crore Revenue
The total developable area in these two projects would be nearly 8 million sq ft, and the total revenue potential is estimated at Rs 6,800 crore, as per the company's latest investor presentation.
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.
Unilever says co won't miss India's premium boom like it did in China
Unilever CEO Fernando Fernandez stated the company will not repeat past mistakes in China by being late to India's premium market. He emphasized accelerating the introduction of global prestige home and personal care brands, identifying India as a key priority market for future growth and acquisitions in the beauty and personal care segment.
DevX enters Bengaluru with 1.11 lakh sq ft office leases in premium Prestige projects
Dev Accelerator's expansion into Bengaluru is set to create over 1,200 seats, boosting the company's revenue by ₹2.2 crore monthly.
Listed real estate developers move beyond home cities to tap growth
Major real estate firms are shifting focus from their home cities. Companies like Godrej Properties and Prestige are expanding into other metros. This strategy aims to capture demand across multiple high-growth areas. It also reduces dependence on single-city market cycles. This multi-city expansion is a key growth driver for listed developers.
Q4 Results LIVE Updates: Sanghvi Movers shares surge over 12%; Jubilant Foodworks down 7%
Q4 Results LIVE Updates: ITC, Aurobindo Pharma, LIC, LG Electronics, Ashoka Buildcon, Bikaji Foods, Datamatics, Engineers India, GMM Pfaudler, Happy Forgings, Honasa Consumer, Ixigo, Nykaa, Page Industries, Ramco Cements, Max Healthcare, Prestige Estates, MTNL, Sun TV, Quick Heal, RCF, WeWork, VA Tech Wabag, are among the companies reporting their earnings today. The street will also react to numbers reported by Whirlpool, Apollo Hospitals, Sammaan Capital, JK Lakshmi Cement, Lenskart, Ola Electric and others. Watch this space for all the LIVE earnings updates.
DLF's sales bookings drop in FY26
Top developers Godrej Properties, Lodha, Prestige Estates and DLF reported cumulative sales bookings of ₹1.04 trillion in FY26, a new milestone for the real estate sector.
TTK Prestige Ltd leads gainers in 'A' group
Oil India Ltd, Paradeep Phosphates Ltd, Lloyds Engineering Works Ltd and Oil & Natural Gas Corpn Ltd are among the other gainers in the BSE's 'A' group today, 12 May 2026.
The Real Estate index is set for its best month in nearly five years as rebound continues
Stocks such as Sobha, Godrej Properties, Phoenix Mills Ltd., Ananta Raj, Lodha Developers, Oberoi Realty, Brigade Enterprises, Prestige Estates are trading with gains between 2% to as high as 4.5%. All constituents of the index are trading with gains. For the month so far, all constituents of the Realty Index are up between 15% to 30%.
IDBI Bank Ltd leads losers in 'A' group
Bandhan Bank Ltd, TTK Prestige Ltd, Adani Total Gas Ltd and Great Eastern Shipping Company Ltd are among the other losers in the BSE's 'A' group today, 16 March 2026.
Nifty Realty falls nearly 2%, Godrej Properties, Prestige down up to 4% as crude-driven inflation worries weigh
The weakness in real estate shares comes amid broader concerns about elevated crude oil prices and their potential inflationary impact, which could delay interest-rate cuts by central banks.