Prestige Estates Projects Announces 48% YoY Growth in Q4 FY25 Residential Sales

Prestige Estates Projects Limited, a leading real estate developer in India, has announced its operational performance for the fourth quarter and full financial year ended March 31, 2025. The company reported a 48% year-on-year growth in new sales for the residential sector in Q4 FY25, driven by strong customer response to launches and premium offerings. The sales volume stood at 4.49 million square feet, a 9% increase YoY. The average realization for apartments, villas, and commercial properties was ¥315,524 per square foot, representing a 25% YoY increase. The Company launched 14.03 million square feet during the quarter, spanning four projects across Bengaluru, Mumbai, and Hyderabad. The full-year new sales stood at ¥170,231 million, a 19% decline YoY. The Company launched 26.28 million square feet during the year, primarily across Bengaluru, Mumbai, and Hyderabad. Project Completions stood at 3.04 million square feet for FY25 across two residential projects in Bengaluru.