Q2 bookings rose 20% YoY to ₹7,225 Cr with strong collections; PAT ₹256 Cr, YoY not stated. Management hedged on launch timing, hotel revenue and pipeline size, and gave firm numbers only on cost and cash.
Q2 FY27 revenue ₹22,222mn (-17.6% YoY) and PAT ₹2,562mn (-44%); H1 PAT ₹5,276mn (-31%). Q2 sales up 20% to ₹72,250mn; CPP to invest ₹30,000mn in hospitality arm.
Prestige's subsidiary acquired 100% of Gloind Vintage Infra at a gross enterprise value of about INR 519 Crores. Gloind becomes a step-down subsidiary and owns Tarun Realtors.
Prestige Estates scheduled a board meeting for November 5, 2026, to approve Q2 FY27 financial results. Trading window remains closed through November 7, 2026.
Invesco Mutual Fund bought 3,22,859 Prestige Estates shares in the open market, raising its stake to 5.02%. This non-promoter SAST disclosure is a routine capital-structure event.
Prestige Estates consummated the first tranche of its strategic hospitality partnership with CPPIB. This transaction includes a subsidiary stake sale and share subscription for ₹1,500 Crore.
Value
₹1,500 Cr
From
CPP Investment Board Private Holdings (4) Inc. (CPPIB)
Prestige reported H1 FY27 pre-sales of ₹1,38,043 million and 30.25 million sq ft of launches. CPP Investments invested ₹30,000 million for ~27% stake in its hospitality subsidiary.
The Bombay High Court set aside a MahaREAT order, restoring the de-registration and promoter change for the Turf View Project. This resolution settles all outstanding disputes and claims.
Prestige Estates will divest a ~27% stake in its subsidiary, Prestige Hospitality Ventures Ltd, to CPPIB for ₹3,000 Crore, forming a strategic partnership.
Prestige Estates announced the completion of two residential projects in Hyderabad, adding 1,047 homes to its portfolio. The projects include Prestige Clairemont and Bellagio villas.
Prestige Estates Projects issued a Corporate Guarantee of up to Rs. 400 Crore to its wholly-owned subsidiary, Prestige Hospitality Ventures, for an Axis Bank loan.
Prestige Estates Projects Limited issued a corporate guarantee of up to ₹750 Crore for a loan availed by its subsidiary, Prestige Falcon Mumbai Realty Ventures Private Limited.
Prestige Estates Projects Limited announced that its subsidiary, Prestige Hospitality Ventures Limited, has withdrawn its Draft Red Herring Prospectus due to uncertain market conditions.
Prestige Estates has launched Prestige Parklane, a residential project in Devanahalli, Bengaluru, with 1,788 homes. The development has an estimated gross development value of ₹1,750 crore.
Prestige Estates launches Garden Breeze, a 655-apartment development at The Prestige City, Sarjapur. The project spans 0.93 million sq ft with an estimated GDV of ₹1,100 Crore.
Prestige Estates discloses a CRISIL ESG rating upgrade from 54 to 65 for FY25-26. The independent rating reflects improved sustainability performance with no transaction involved.
Prestige Estates incorporated two wholly-owned real-estate subsidiaries, Southgrove Homes LLP and Parkgrove Realty LLP, on 9 Sep 2026. Total capital contribution across both entities is ₹0.02 Crore.
Prestige Estates Projects has acquired a 17.14-acre land parcel in Sector 109, Gurgaon. The residential project has an estimated Gross Development Value of ₹5,600 Crore.
Prestige Estates launched a new residential project, Prestige Palm Court, in Madhavaram, Chennai. The development has an estimated Gross Development Value of ₹1330 Crore.
Prestige Estates Projects Ltd held its 29th Annual General Meeting on August 20, 2026, where members transacted business, including approval of financial statements and final dividend.
Prestige Estates Projects Limited has announced the reaffirmation of its credit ratings by ICRA Limited for various long-term instruments and commercial paper.
Prestige Estates reported Q1 FY27 presales of INR 6,579 Cr and collections of INR 4,802 Cr. Strategy focuses on aggressive launch pipelines in NCR and Chennai while monetizing hospitality assets.
Prestige Group reported Q1 FY27 revenue of ₹28,356 mn (+14.86% YoY) with a 36.97% EBITDA margin, despite a 46% dip in sales value following a high base.
Prestige Estates announced a strategic partnership for a new residential development in Thane, Maharashtra, with an estimated Gross Development Value of ₹6,000 Crore.