Prestige Estates Projects Limited reported steady progress in construction activity across its ongoing residential, office and retail projects during FY26, supported by stable cash flows and disciplined execution, according to its Q3 & 9M FY26 investor presentation.
As of December 2025, the company had over 42 million square feet of residential projects under execution, spread across key markets including Bengaluru, Hyderabad and Chennai. Construction activity during the period remained aligned with project schedules, supported by healthy collections and adequate liquidity.
The company stated that execution momentum was maintained across multiple project sites, with several residential developments progressing through advanced stages of construction. Prestige Estates continues to prioritise timely completion and phased handovers, which remain critical for sustaining buyer confidence and collections.
In the commercial segment, construction work progressed on office projects totalling nearly 9.6 million square feet, which are expected to be completed in phases over the coming years. These developments form part of the company’s long-term annuity income strategy, complementing its existing leased office portfolio of over 15 million square feet.
Retail construction activity also remained on track, with ongoing development of new shopping malls and retail assets. Prestige Estates currently has five retail projects under development, which together are expected to add close to 6 million square feet of leasable area upon completion. These projects are being executed in phases, aligned with market absorption and leasing timelines.
The company highlighted that construction planning remains closely linked to cash flow visibility and sales momentum. Capital deployment across projects is being managed to ensure balance sheet stability while supporting execution requirements. Vendor payments, procurement schedules and labour deployment were reported to be stable during the period.
Prestige Estates noted that its diversified portfolio enables balanced execution across asset classes, reducing dependence on any single segment. Residential projects continue to drive near-term cash flows, while office and retail developments provide long-term annuity income visibility.
With a strong launch pipeline and steady construction progress, Prestige Estates expects execution activity to remain consistent through the remainder of FY26. The company reiterated that adherence to timelines, quality standards and regulatory compliance remains a key focus as it advances its development portfolio across major Indian cities.
Also Read: Bengaluru, Hyderabad and Chennai Account for Majority of Prestige Estates’ FY26 Project Portfolio
