Prestige Estates Adds Land with ₹68,500 Crore Revenue Potential in Q3 FY26

Prestige Estates Projects Limited has added four land parcels during the third quarter of FY26, with an estimated revenue potential of ₹68,500 crore, according to its latest investor presentation for Q3 and nine months ended December 2025.

The acquisitions form part of the company’s broader strategy to strengthen its long-term development pipeline across key Indian real estate markets.

The newly added land parcels are located across Hyderabad, Chennai, Bengaluru and Chikkamagaluru, expanding Prestige Estates’ presence in both established urban centres and emerging growth corridors. The additions include parcels in Lakdaram and Rajendra Nagar in Hyderabad, Medavakkam in Chennai, and Indavara in Chikkamagaluru, cumulatively covering 85 acres during the quarter. These acquisitions contribute to Prestige’s total land additions of 351 acres in the first nine months of FY26, with an overall estimated revenue potential of ₹3.99 lakh crore.

The company stated that the land parcels will be utilised for a mix of residential developments, aligned with its focus on mid-segment, premium and select luxury housing projects. Prestige Estates continues to prioritise land acquisitions that offer scalability, infrastructure access and demand visibility, supporting phased project launches over the medium to long term.

During the same period, Prestige Estates reported record sales of ₹2.23 lakh crore for 9M FY26, alongside collections of ₹1.32 lakh crore, underscoring the company’s strong operating performance. The land additions are expected to complement Prestige’s existing portfolio of ongoing and upcoming residential projects spanning over 42 million square feet, as outlined in the investor presentation.

The company’s land bank now spans 1,080 acres, with a Prestige economic share of 883 acres, providing development visibility across multiple cities. Bengaluru continues to account for a significant portion of the land holdings, followed by Hyderabad, Chennai, Mumbai, Goa and NCR markets.

Prestige Estates has maintained a balanced approach to expansion, combining land acquisitions with timely project launches and disciplined capital deployment. The company noted that development timelines and project configurations will be finalised post statutory approvals and detailed planning.

With a robust land pipeline and sustained housing demand across major markets, the latest acquisitions are expected to support Prestige Estates’ growth trajectory in the coming financial years.

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