Prestige Group New Launch Projects 2026: Q1 FY27 Update
Prestige Group new launch projects 2026 in Q1 FY27 include Prestige Golden Grove in Hyderabad, Prestige Gardenia Estates Phase II in Bengaluru, Prestige Forest Hills at TPC Mulund Phase 2 in Mumbai and Prestige Century Landmark in Bengaluru. These four launches together cover 20.16 mn sq. ft. of developable area.
As per the Q1 FY27 investor presentation, the residential and plotted launches in the quarter had a GDV of Rs. 1,21,906 mn. Prestige Golden Grove was the largest launch by area and GDV. It has 14.30 mn sq. ft. of developable area and a GDV of Rs. 95,012 mn. Prestige Gardenia Estates Phase II added plotted development supply in Bengaluru, while Prestige Forest Hills at TPC Mulund Phase 2 added premium residential supply in Mumbai.
Prestige Group Q1 FY27 Launch Overview
Prestige Group launched four projects in Q1 FY27. These projects cover residential, plotted and commercial segments.
| Project launched | Location | Segment | Developable area |
|---|---|---|---|
| Prestige Golden Grove | Hyderabad | Residential | 14.30 mn sq. ft. |
| Prestige Gardenia Estates Ph II | Bengaluru | Plotted | 0.48 mn sq. ft. |
| Prestige Forest Hills at TPC Mulund Ph2 | Mumbai | Residential | 2.45 mn sq. ft. |
| Prestige Century Landmark | Bengaluru | Commercial | 2.93 mn sq. ft. |
| Total | 20.16 mn sq. ft. |
This launch mix shows that Prestige Group was active across more than one segment in Q1 FY27. Residential remained the biggest part of the quarter because of the large Hyderabad launch.
GDV of Prestige Group New Launch Projects 2026
Slide 21 gives GDV details for the Q1 FY27 launches in the residential and plotted categories. GDV means Gross Development Value. It shows the expected project value based on planned development and market pricing.
| Project | Location | Segment | TDA | GDV |
|---|---|---|---|---|
| Prestige Golden Grove | Hyderabad | Mid-Segment | 14.30 mn sq. ft. | Rs. 95,012 mn |
| Prestige Gardenia Estates Ph II | Bengaluru | Plots | 0.48 mn sq. ft. | Rs. 4,894 mn |
| Prestige Forest Hills at TPC Mulund Ph2 | Mumbai | Premium | 1.70 mn sq. ft. | Rs. 22,000 mn |
| Q1 FY27 launched subtotal | 16.48 mn sq. ft. | Rs. 1,21,906 mn |
Prestige Golden Grove contributed the largest part of the Q1 launch GDV. Prestige Forest Hills at TPC Mulund Phase 2 added a premium Mumbai project to the launch list. Prestige Gardenia Estates Phase II added plotted development supply in Bengaluru.
Prestige Golden Grove Hyderabad Launch
Prestige Golden Grove was the biggest Prestige Group new launch in Q1 FY27. It is listed as a Hyderabad residential launch with 14.30 mn sq. ft. of developable area.
In the GDV table, Prestige Golden Grove is listed as a mid-segment project with GDV of Rs. 95,012 mn. This makes it the largest Q1 FY27 launch by value in the investor presentation.
This launch is important because Hyderabad continues to see strong demand in western growth corridors. Large residential projects can attract end users, investors and buyers looking for branded township-style supply.
Prestige Gardenia Estates Phase II Bengaluru Launch
Prestige Gardenia Estates Phase II was launched in Bengaluru in Q1 FY27. It is listed as a plotted development with 0.48 mn sq. ft. of developable area.
The project has a GDV of Rs. 4,894 mn as per Slide 21. It shows Prestige Group’s continued interest in plotted development in Bengaluru.
Plots are important in Bengaluru because many buyers want land ownership inside planned communities. Plotted projects also attract buyers who want to build homes later instead of buying ready apartment units.
Prestige Forest Hills at TPC Mulund Phase 2 Launch
Prestige Forest Hills at TPC Mulund Phase 2 was launched in Mumbai in Q1 FY27. Slide 7 lists it as a residential launch with 2.45 mn sq. ft. of developable area.
Slide 21 lists Prestige Forest Hills at TPC Mulund Phase 2 as a premium project with GDV of Rs. 22,000 mn. The GDV table mentions Tower D and part of Tower C with TDA of 1.70 mn sq. ft.
This launch adds Mumbai premium residential supply to Prestige Group’s 2026 launch update. It also shows that the company is active outside its core Bengaluru market.
Prestige Century Landmark Bengaluru Launch
Prestige Century Landmark was also launched in Q1 FY27. It is listed as a Bengaluru commercial project with 2.93 mn sq. ft. of developable area.
Even though this page focuses mainly on new launch projects, this launch is important because it shows Prestige Group’s multi-segment activity. The company launched residential, plotted and commercial projects in the same quarter.
For buyers and investors, this shows that Prestige Group’s 2026 activity is not limited to apartments alone. The company continues to operate across residential, plotted and commercial development.
Prestige Group Q1 FY27 Completion Update
Prestige Group also completed 3 projects in Q1 FY27 with a total developable area of 4.37 mn sq. ft. These completions include commercial and residential projects.
| Project completed | Location | Segment | Developable area |
|---|---|---|---|
| Prestige Tech Forest | Bengaluru | Commercial | 3.64 mn sq. ft. |
| Prestige Sanctuary | Bengaluru | Residential | 0.43 mn sq. ft. |
| Prestige Cityscape | Kochi | Residential | 0.30 mn sq. ft. |
| Total completions | 4.37 mn sq. ft. |
This completion update matters because launches show future supply, while completions show execution. In Q1 FY27, Prestige Group launched 20.16 mn sq. ft. and completed 4.37 mn sq. ft.
What These Launches Mean for Buyers
Prestige Group’s Q1 FY27 launch update shows three clear points. First, the company launched a very large residential project in Hyderabad. Second, Bengaluru continued to get plotted and commercial supply. Third, Mumbai received a premium residential launch.
This is useful for buyers who track Prestige Group new launch projects 2026. It shows where the company is focusing new supply. It also helps buyers compare launch markets before choosing a project.
Buyers should check RERA status, unit type, final price, floor plan, possession timeline and payment plan before booking any new launch project.
Prestige Park Lane and North Bengaluru New Launch Interest
Prestige Park Lane is relevant for buyers who are looking at upcoming Prestige apartments in North Bengaluru. It is planned at KIADB Aerospace Park Phase 2, near Devanahalli and Muddenahalli. The project is about 2 km from STRR and around 20 km from Kempegowda International Airport.
Prestige Park Lane is expected to launch in October 2026. It is planned with 1, 2 and 3 BHK apartments. The expected size range is about 550 sq. ft. to 1,800 sq. ft. The expected price range is about Rs. 74 Lakhs to Rs. 1.9 Cr.
This project can suit buyers who want airport-side growth, Aerospace Park access and a pre-launch Prestige apartment in North Bengaluru. Buyers should wait for final RERA details, approved floor plans and the official price sheet before booking.
Final View on Prestige Group New Launch Projects 2026
Prestige Group’s Q1 FY27 new launch update is strong because the company launched 20.16 mn sq. ft. across four projects. The launch list includes residential, plotted and commercial projects.
Prestige Golden Grove was the largest launch by area and GDV. Prestige Gardenia Estates Phase II added plotted development in Bengaluru. Prestige Forest Hills at TPC Mulund Phase 2 added premium residential supply in Mumbai. Prestige Century Landmark added commercial supply in Bengaluru.
For homebuyers, this update helps track Prestige Group’s 2026 launch direction. For investors, it shows where the company is building future value.
Prestige Group Prelaunch Project is Prestige Parklane.
FAQs
The Q1 FY27 launches are Prestige Golden Grove, Prestige Gardenia Estates Phase II, Prestige Forest Hills at TPC Mulund Phase 2 and Prestige Century Landmark.
Prestige Group launched 20.16 mn sq. ft. in Q1 FY27.
Prestige Golden Grove in Hyderabad was the largest Q1 FY27 launch with 14.30 mn sq. ft. of developable area.
The Q1 FY27 launched subtotal shown in Slide 21 has GDV of Rs. 1,21,906 mn.
Prestige Gardenia Estates Phase II and Prestige Century Landmark were launched in Bengaluru in Q1 FY27.
Prestige Forest Hills at TPC Mulund Phase 2 was launched in Mumbai in Q1 FY27.
Prestige Park Lane is an upcoming pre-launch Prestige apartment project in North Bengaluru near KIADB Aerospace Park Phase 2, Devanahalli and Muddenahalli.
