Prestige Group has reported impressive sales figures for Q4 FY25, selling 2,301 homes and achieving a record revenue of ₹6,957.4 crore. Notably, Mumbai has surpassed Bengaluru in sales contribution for the first time, highlighting the growing demand in the real estate market.
Sales Performance Overview for Q4 FY25
Prestige Group has reported impressive sales figures for Q4 FY25, achieving a total of ₹ 6,957.4 crore from 2,301 units sold. The launch of Prestige Nautilus in Mumbai significantly contributed to this success, generating nearly ₹ 2,385.7 crore in sales within just a month. For the first time, Mumbai surpassed Bengaluru in quarterly sales contributions, showcasing a shift in market dynamics.
Throughout the fiscal year, the group recorded total sales of ₹ 17,023.1 crore, with an average realization of ₹ 14,113 per sq ft, indicating robust demand in the premium housing sector. The leading markets included Bengaluru, Mumbai, and Hyderabad, with notable projects driving revenue growth.
Key Sales Contributions
- Bengaluru: ₹ 2,616.5 crore
- Mumbai: ₹ 2,686.9 crore
- Hyderabad: ₹ 1,598.8 crore
- Prestige Raintree Park: ₹ 304.4 crore (highest for FY25)
- Prestige Nautilus: Significant launch impact
Mumbai Surpasses Bengaluru in Sales
In Q4 FY25, Prestige Group reported a remarkable shift in its sales dynamics, with Mumbai surpassing Bengaluru for the first time. This was largely attributed to the successful launch of Prestige Nautilus, which generated nearly ₹ 2385.7 crore in sales within its first month. Overall, Prestige achieved sales of ₹ 6957.4 crore during the quarter, significantly increasing from the previous quarter.
Sales Breakdown by City
- Mumbai: ₹ 2686.9 crore
- Bengaluru: ₹ 2616.5 crore
- Hyderabad: ₹ 1598.8 crore
- Top project in Bengaluru: Prestige Raintree Park
- Top project in Mumbai: Prestige Nautilus
With a total of ₹ 17,023.1 crore in annual sales for FY25, Prestige Group is setting ambitious targets for the future, aiming for ₹ 50,000 crore in home sales by FY28-29. The company is also expanding its footprint into new markets, including Pune, Gurugram, and Noida, to capture emerging opportunities in the real estate sector.
Key Projects Driving Sales Growth
Prestige Group’s remarkable performance in Q4 FY25 can be attributed to several key projects that have significantly boosted sales. The launch of Prestige Nautilus in Mumbai was particularly impactful, generating nearly ₹ 2385.7 crore in sales within its first month. This surge helped Mumbai surpass Bengaluru as the leading market for the company.
In addition to Prestige Nautilus, other projects like Prestige Raintree Park and The Prestige City Hyderabad also contributed to strong sales figures. Overall, the group reported sales of ₹ 6957.4 crore for the quarter, marking a substantial increase from previous periods.
Top Contributing Projects
- Prestige Nautilus, Mumbai – ₹ 2385.7 crore
- Prestige Raintree Park, Bengaluru – ₹ 304.4 crore
- The Prestige City Hyderabad – Significant contribution
Annual Sales Performance for FY25
Prestige Group achieved remarkable sales in Q4 FY25, selling 2,301 units, primarily due to the successful launch of Prestige Nautilus in Mumbai. This project alone generated nearly ₹ 2,385.7 crore within its first month, marking a significant milestone for the company.
For FY25, Prestige reported record annual sales of ₹ 17,023.1 crore, with a total of 12.58 million sq ft sold. The average realization price increased to ₹ 14,113 per sq ft, indicating robust demand in the premium housing sector. Mumbai surpassed Bengaluru in quarterly sales contribution for the first time, highlighting the evolving dynamics of the real estate market.
| City | Sales (₹ crore) |
|---|---|
| Bengaluru | 2,616.5 |
| Mumbai | 2,686.9 |
| Hyderabad | 1,598.8 |
Revenue Breakdown by City
In Q4 FY25, Prestige Group experienced a significant shift in sales dynamics, with Mumbai surpassing Bengaluru for the first time in quarterly sales contribution. The company sold a total of 2,301 units, generating ₹ 6,957.4 crore in sales. Notably, the launch of Prestige Nautilus in Mumbai accounted for nearly ₹ 2,385.7 crore within just one month.
Bengaluru and Hyderabad also contributed substantially, with sales of ₹ 2,616.5 crore and ₹ 1,598.8 crore, respectively. For the entire fiscal year, Prestige reported record annual sales of ₹ 17,023.1 crore, driven by strong demand in the premium housing segment.
Sales Contribution by City
- Mumbai: ₹ 2,686.9 crore
- Bengaluru: ₹ 2,616.5 crore
- Hyderabad: ₹ 1,598.8 crore
Average Realisation Per Square Foot
In Q4 FY25, Prestige Group reported a significant increase in average realisation, reaching ₹ 14,113 per square foot. This rise reflects the robust demand for premium and luxury housing in key markets, particularly in Mumbai and Bengaluru. The launch of Prestige Nautilus in Mumbai contributed notably to this surge, generating nearly ₹ 2,385.7 crore in sales within a month.
Key Sales Metrics
- Total sales in Q4 FY25: ₹ 6,957.4 crore.
- Units sold: 2,301.
- Top-performing cities: Bengaluru, Mumbai, and Hyderabad.
For the entire fiscal year, the company achieved record annual sales of ₹ 17,023.1 crore, with a total of 12.58 million square feet sold. This strong performance positions Prestige Group favorably as it aims for ambitious sales targets in the coming years.
Future Sales Targets for FY26
Prestige Group is setting ambitious targets for FY26, aiming for ₹ 50,000 crore in home sales by FY28-29. Following a record sales year of ₹ 17,023.1 crore in FY25, the company is poised for significant growth, especially with the launch of projects worth over ₹ 10,000 crore in the first quarter.
To achieve this goal, Prestige plans to focus on key urban markets, including Goa, Bengaluru, Delhi, Hyderabad, Chennai, and Mumbai. Additionally, the company is looking to expand into new regions like Pune, Gurugram, and Noida, which are seen as high-potential areas for real estate development.
| Market | Sales Target (₹ Crore) |
|---|---|
| Bengaluru | 14,000 |
| Mumbai | 15,000 |
| New Markets | 21,000 |
Expansion Plans into New Markets
Prestige Group is strategically targeting new urban markets to enhance its growth trajectory. With a successful track record in major cities, the company is now looking to establish a presence in Pune, Gurugram, and Noida. These locations are seen as high-potential real estate corridors, attracting significant interest due to their evolving residential landscapes.
Key Focus Areas for Expansion
- Identifying prime locations for new developments
- Leveraging local market insights to tailor offerings
- Focusing on mid-segment housing to meet rising demand
- Building partnerships with local stakeholders
- Enhancing brand visibility in new regions
This expansion aligns with Prestige Group’s goal of achieving ₹ 50,000 crore in home sales by FY28-29, reflecting its commitment to tapping into emerging markets with strong growth potential.
Focus on Mid-Market Housing Segment
Prestige Group is shifting its focus towards the mid-market housing segment, responding to the rising demand from salaried homebuyers. This strategic move aims to cater to a growing demographic seeking affordable yet quality housing options. With plans to launch projects worth ₹ 50,000 crore by FY28-29, the company is positioning itself to capture this lucrative market.
In addition to its ongoing projects in Bengaluru, Mumbai, and Hyderabad, Prestige is exploring opportunities in new urban hubs like Pune, Gurugram, and Noida. These areas are identified as high-potential real estate corridors, prompting the company to expand its footprint.
| City | Potential |
|---|---|
| Pune | High growth potential |
| Gurugram | Evolving residential landscape |
| Noida | Increasing demand for quality housing |
Market Trends and Consumer Demand
Prestige Group’s impressive sales figures in Q4 FY25 highlight a significant shift in consumer demand, particularly in the premium and luxury housing segments. The launch of Prestige Nautilus in Mumbai played a pivotal role, generating nearly ₹ 2,385.7 crore in sales within just a month. This surge allowed Mumbai to surpass Bengaluru for the first time in quarterly sales contribution.
The overall sales for Q4 FY25 reached ₹ 6,957.4 crore, with Bengaluru, Mumbai, and Hyderabad emerging as the top-performing markets. The average realization price rose to ₹ 14,113 per sq ft, reflecting strong demand dynamics. As Prestige Group targets ₹ 50,000 crore in home sales by FY28-29, the focus is shifting towards mid-market homes to cater to the rising demand from salaried homebuyers.
Key Steps for Future Expansion
- Launch new projects worth over ₹ 10,000 crore in Q1 FY26.
- Target ₹ 14,000â15,000 crore GDV of launches by quarter-end.
- Explore opportunities in Pune, Gurugram, and Noida for market expansion.
Conclusion
Prestige Group’s remarkable performance in Q4 FY25 underscores its strategic positioning and robust market demand, particularly in Mumbai, which has now become a key sales driver. With record annual sales and ambitious targets for future growth, the company is poised to capitalize on emerging opportunities in high-potential urban markets like Pune, Gurugram, and Noida. As Prestige aims for ₹ 50,000 crore in home sales by FY28-29, its focus on premium and mid-market segments reflects a keen understanding of evolving consumer preferences. This proactive approach will likely solidify Prestige Group’s leadership in the competitive real estate landscape.
FAQs
What were Prestige Group’s total sales in Q4 FY25?
Prestige Group achieved total sales of ₹ 6,957.4 crore in Q4 FY25, with 2,301 units sold.
Which city led Prestige Group’s sales in Q4 FY25?
Mumbai led the sales, contributing ₹ 2,686.9 crore, surpassing Bengaluru for the first time.
What is Prestige Group’s sales target for FY28-29?
The Group aims to achieve ₹ 50,000 crore in home sales by FY28-29.
Which projects contributed significantly to Prestige Group’s sales?
Key projects included Prestige Nautilus in Mumbai and Prestige Raintree Park in Bengaluru.
Is Prestige Group planning to enter new markets?
Yes, they are exploring opportunities in Pune, Gurugram, and Noida, targeting high-growth potential areas.