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Prestige Estates pips top players to clock record Rs 10,000-crore presales

This is the highest ever presales for the company and also the highest among listed real estate players that have released their numbers so far

Canadian pension funds join race to buy Prestige arm stake

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Presales of Prestige, which is fast becoming a Pan-Indian player, was 1.15 times the presales of Macrotech Developers (Lodha) and 2.7 times the figure of Oberoi Realty in FY22

Raghavendra Kamath Mumbai

3 min read Last Updated : Apr 26 2022 | 12:52 AM IST

Bengaluru-based Prestige Estates Projects crossed the presales mark of Rs 10,000 crore in FY22.

This is the highest ever presales for the company and also the highest among listed real estate players that have released their numbers so far.

The company did presales (or sales prior to completion of construction) of Rs 10,382 crore, registering a growth of 90 per cent on a yearly basis.

Presales of Prestige, which is fast becoming a Pan-Indian player, was 1.15 times the presales of Macrotech Developers (Lodha) and 2.7 times the figure of Oberoi Realty in FY22.

During FY22, Prestige launched 16.77 million sq ft across different

Topics : Prestige Estates Real Estate

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