NSE:PRESTIGE management interview: Prestige Group’s Next Growth Wave | Irfan Razack On Sales Surge, Bengaluru Expansion & Data Centres
ET Now, 2026-06-19. Video: https://www.youtube.com/watch?v=FB6MjgARZAQ
- Construction timeline risks: Prestige expects to mitigate challenges like Mumbai's water shortages and post-election labor disruptions without altering delivery schedules, as buffers are built into project timelines and construction relies on grey water.
- Housing demand outlook: Slower tech hiring is not expected to dent residential demand since fresh recruits are rarely immediate buyers, while property prices are projected to adjust moderately alongside inflation.
- Revenue recognition pipeline: The company holds approximately ₹65,000 crore in unrecognized sales that will flow into the P&L over the next 3 to 4 years as execution and handovers continue on track.
- Data center expansion: Prestige is pursuing data center opportunities across Maharashtra, Telangana, and Andhra Pradesh (Vizag), with securing robust power infrastructure serving as the main operational focus.