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Strong project pipeline to ensure sales momentum for Prestige Estates

The launches in the last quarter and a strong outlook has resulted in the stock gaining 21 per over the last month and 42 per cent over three months

real estate
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On the commercial real estate front, Prestige reported an occupancy level of 90 per cent for its office segments, and 99 per cent for its retail assets

Ram Prasad Sahu New Delhi
After a muted first nine months of 2024-25 (9MFY25), which saw launch delays, Bangalore-based real estate major Prestige Estates Projects Ltd (PEPL or Prestige) ended the financial year on a strong note. The company saw a surge in bookings or presales on the back of four new launches in the fourth quarter (Q4FY25). The sales momentum is expected to continue in FY26 on the back of new launches and sustenance sales from recent launches.
 
The launches in Q4 and a strong outlook have resulted in the stock gaining 21 per cent over the last month and 42 per cent over