Prestige Group's delivery record, in numbers

Every project page on this corridor tells you the developer is reputable. Almost none tells you how to check. Prestige Estates Projects is a listed company, so the checking is unusually easy. The numbers are more interesting than the adjectives.

The short answer

As at 30 June 2026, Prestige Estates Projects had completed 319 real estate projects covering roughly 216 million square feet. Another 67 projects, about 144 million square feet, were ongoing. In FY26 it reported record revenue of about ₹13,196 crore, up 71 per cent, and profit after tax of about ₹1,312 crore, more than double the prior year. That is a large, established, publicly accountable developer. It is also not, on its own, an answer to whether your specific apartment gets delivered on time.

Prestige Group's delivery record, in numbers

Two things are worth drawing out.

The first is scale. 319 completed projects is a track record measured in decades, across residential, commercial, retail and hospitality. It is not a single-sector bet.

The second is the ratio. 144 million square feet under construction against 216 million completed means the pipeline is about two thirds the size of everything ever finished. That is a company building faster now than at any point in its history. It is a strength and an execution risk in the same sentence.

FY26, the financial year

Why collections matter more than sales

Collections is the line a buyer should look at first, and almost nobody does. Sales are contracts signed. Collections are money actually received. A developer with strong sales and weak collections is booking revenue it has not been paid. That is precisely the position that stalls construction.

₹18,515 crore of collections against ₹30,024 crore of sales, about 62 per cent, is a healthy relationship for a business with a multi-year construction cycle. You can read the reported figures yourself on the company's filing summary, rather than taking any project page's word for it, including this one.

Which company actually carries this project

This is the point most delivery-record pages miss, and the RERA filing makes it concrete. The numbers above belong to Prestige Estates Projects Limited, the listed parent. The promoter of record for Prestige Parklane is a different entity: Apex Realty Management Private Limited, registered at Prestige Falcon Towers, Brunton Road, Bengaluru.

That is neither unusual nor improper. Large developers routinely register individual projects through special purpose entities. It does change how to read the record. The 319 completed projects describe the group. They are context about the organisation behind Apex Realty, not a statement about Apex Realty's own balance sheet.

The useful question follows. Ask which entity signs your agreement for sale, and whether the parent provides any guarantee. Ask before you sign.

The promoter's own financials are on the RERA filing

The obvious objection follows. If Apex Realty is private and does not report to the exchanges, how do you see its finances at all? The answer is the RERA filing. Registration requires the promoter to file its own financial documents, and Parklane's filing carries them.

• Audited balance sheet and profit and loss statement for FY 2023-24 and FY 2024-25.
• A cash flow statement and a director's report.
• Income tax return acknowledgements for FY 2023-24 and FY 2024-25.
• A chartered accountant's certificate in Form 1, an architect's in Form 2, and an engineer's in Form 3.

So you do not have to rely on the listed parent's numbers as a stand-in. The entity carrying this project has filed its own, and they are part of the public record. The filing also names the promoter's directors: Zayd Noaman, the managing director, and Badrunissa Irfan.

The land litigation declaration

One more line on the filing is worth reading closely. Asked whether there is any litigation on the land, property or khata, the promoter has answered no, and filed a sworn affidavit to that effect. Be precise about what that is. It is a declaration by the promoter, made under oath, not an independent title search. A lawyer's review still matters. But a false sworn declaration carries real consequences, which gives it weight.

What these numbers do not tell you

Company scale is not project delivery. A group that has completed 319 projects has also delayed some of them. Aggregate figures average many outcomes, and you are buying one of them.

A strong balance sheet does not bind a specific project. What binds this project is its RERA registration under PRM/KA/RERA/1251/309/PR/150926/008941. That means the declared completion date of 31 December 2030, the escrow requirement on 70 per cent of collections, and the compensation payable for delay. Those are project obligations, not company ones.

Rapid growth cuts both ways. A pipeline two thirds the size of everything previously completed is a lot of simultaneous execution. It is reasonable to ask how many sites a project manager is running. It is reasonable for the answer to be reassuring. It is not reasonable to assume it.

How to use this when you are buying

Treat the company record as a filter, not a decision. It tells you whether a developer is likely to still exist in five years, and to have the balance sheet to finish what it starts. On that test Prestige passes comfortably. Then do the project-level work anyway:

• The RERA registration, and the promoter entity it names.
• The declared completion date of 31 December 2030.
• The escrow requirement, and the quarterly progress updates.
• The sanctioned plan, DO3-KIADB-00128/26-27/BP.
• Your specific tower, and where it sits in the build sequence.

Frequently asked questions