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Real Estate News, Property Prices, Housing, Commercial Development | The HinduBusinessLine

Godrej Properties FY26 profit rises 32% to ₹1,850 crore, stock gains WeWork India opens Aerocity centre, adds 1.1 lakh sq ft in Delhi-NCR Listed realty firms tighten grip on land deals as market consolidates in FY26 Concorde leases 1.4 lakh sq ft to BHIVE at Bengaluru’s Econex Ramky Estates takes over ₹2,000-crore stressed residential projects from Skylark Builders in Bengaluru Brigade, Bain Capital to develop ₹2,200 crore mixed-use project in Bengaluru Cognizant pre-leases 6.5 lakh sq ft in Chennai to set up GCC for US Bancorp Strong leasing boosts Mindspace REIT’s Q4 performance Embassy REIT eyes 10–12 msf acquisitions; demand tailwinds support growth MICL Group acquires 2 projects in South Mumbai with sales potential of ₹2,000 cr Mahindra Lifespace pre-sales rise 21% to ₹3,405 crore in FY26 on strong housing demand Maharashtra amends sand policy, deploys flying squads to curb illegal mining DRA partners with California-based Slate AI for AI-led construction management GIFT City to expand its area by 15%; over 161 acres to be added Real estate shifts to delivery-led growth as RERA tightens norms: NBR Group Meghna Infracon to invest ₹500 cr on five redevelopment projects in Mumbai region Domestic capital drives 76% of India's real estate investment, foreign inflows stay muted: Report Nvidia inks 10-year lease for 7.6 lakh sq ft office space in Bengaluru Office market shines in Jan-Mar despite global headwinds; net leasing up 7% in top 7cities: JLL Mehul H Doshi assumes charge as president of CREDAI Chennai for 2026–2028 Sales of affordable homes down 23% in Jan-Mar to 16,273 units in top 8 cities: Knight Frank India real estate demand remains stable in Q1 despite launch slowdown: Equirus Lodha Developers bets on data centres and low leverage as it targets sustained growth after record FY26 Real estate deals down 63% to $763 mn in Jan-Mar against Dec quarter: Report Chalet Hotels acquires Udaipur resort for ₹171 crore Bengaluru’s next real estate boom to be driven by expansion of metro lines Sunteck Realty Q4 pre-sales rise 22% to ₹1,064 cr Capital inflows in Indian real estate rise 72% to record $5.1 billion in Jan-Mar: CBRE Table Space adds 4.25 lakh sqft in Mumbai, Pune Asset Homes charts road map for FY27; to launch 28 projects
Prestige Estates Q4 profit jumps 10-fold to ₹250 cr
By PTI · 2026-05-22 · via Real Estate News, Property Prices, Housing, Commercial Development | The HinduBusinessLine
SENSEX   74,552.80

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SILVER   240,600.00

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SENSEX   74,552.80

+ 720.25

NIFTY   23,336.25

+ 174.65

NIFTY   23,336.25

+ 174.65

CRUDEOIL   8,179.00

 -165.00

CRUDEOIL   8,179.00

 -165.00

GOLD   149,804.00

+ 872.00

During the 2025-26 fiscal year, the company’s net profit jumped over two times to ₹1,195.5 crore from ₹467.5 crore

Updated - May 22, 2026 at 11:22 AM.

| New Delhi, May 22

Prestige Estates Projects Ltd has posted a 10-fold jump in consolidated net profit to ₹250.1 crore for the quarter ended March 31, 2026.

Its net profit stood at ₹25 crore in the year-ago period, driven by higher income.

Total income also more than doubled to ₹4,143.5 crore during the January-March period of the 2025-26 fiscal from ₹1,589.3 crore in the corresponding period of the preceding year, according to a regulatory filing on Thursday.

During the 2025-26 fiscal year, the company’s net profit jumped over two times to ₹1,195.5 crore from ₹467.5 crore in the preceding year.

Total income rose to ₹13,195.5 crore last fiscal from ₹7,735.5 crore during 2024-25.

Bengaluru-based Prestige Estates Projects Ltd is one of the leading real estate developers in the country.

Published on May 22, 2026

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