NSE:PRESTIGE management interview: Prestige Group CMD Breaks Down Real Estate Boom, ₹2,500 Cr Sales, Risks & FY27 Growth Outlook
NDTV Profit, 2026-04-24. Video: https://www.youtube.com/watch?v=zZEbgAWBjkk
- Prestige Golden Grove: The 5,000-plus unit Hyderabad development generated ₹2,500 crore from roughly 1,700 sales in two weeks, with the full ₹9,500 crore GDV project scheduled for completion in a single phase over four years.
- Sales growth guidance: After closing FY26 at ₹30,000 crore, the company targets at least 20% sales growth in FY27, supported by a strong launch pipeline across NCR, Mumbai, Bengaluru, Hyderabad, and Chennai.
- Supply and inflation risks: Geopolitical tensions and commodity price spikes in materials like steel and gas are creating potential supply bottlenecks, though typical four-year construction cycles incorporate baseline inflation estimates.
- Hospitality portfolio expansion: Driven by strong domestic travel demand, the company is developing hotels across Mumbai, Bengaluru, Chennai, and Hyderabad, aiming to exceed 5,000 keys by FY30.