• Pre-sales guidance: Prestige Group reaffirmed its 20% pre-sales growth guidance for the year despite a muted first quarter driven by a single project launch in Hyderabad. Management expects to meet or exceed its full-year targets as more inventory gets approved and launched over the remaining three quarters.
• Launch pipeline GDV: The company is targeting a launch pipeline with a total gross development value (GDV) of around ₹60,000 crore for the financial year. Planned upcoming rollouts include three to four projects in Bengaluru, one in Mumbai, and subsequent launches in NCR.
• Collections target: First-quarter collections stood at ₹4,800 crore despite lower sales, with total collections for the full year projected to exceed ₹20,000 crore.
• NCR project pipeline: Prestige is preparing to launch Prestige Bougainville in Noida Sector 150 upon building plan approval, alongside Prestige Meadows in Gurgaon Sector 92 in the following quarter.