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Macrotech Developers Ltd gained 3.12% today to trade at Rs 1361.6. The BSE Realty index is up 1.05% to quote at 6930.1. The index is up 4.9 % over last one month. Among the other constituents of the index, Phoenix Mills Ltd increased 1.72% and Prestige Estates Projects Ltd added 1.21% on the day. The BSE Realty index went down 8.44 % over last one year compared to the 7.75% surge in benchmark SENSEX.
Macrotech Developers Ltd has added 13.87% over last one month compared to 4.9% gain in BSE Realty index and 3.64% rise in the SENSEX. On the BSE, 31629 shares were traded in the counter so far compared with average daily volumes of 46338 shares in the past one month. The stock hit a record high of Rs 1648 on 18 Jun 2024. The stock hit a 52-week low of Rs 1036 on 17 Mar 2025.
Sales volume for the period under review stood at 4.49 million square feet, a 9% increase YoY, reflecting healthy absorption. The company sold 2,301 units in Q4 FY25.
The average realization for apartments, villas, and commercial properties was Rs 15,524 per square foot, representing a 25% YoY increase.
For plotted developments, the average realization rose to Rs 6,975 per square foot, a 27% increase from the same quarter last year.
Collections for Q4 FY25 were Rs 3,155.1 crore, representing a 9% decline on YoY basis.
The company launched 14.03 million square feet during the quarter, spanning four projects- Prestige Suncrest and Prestige Southern Star-Ph 1in Bengaluru, Prestige Nautilus in Mumbai and Prestige Spring Heights in Hyderabad, with a combined GDV potential of Rs 16,133.8 crore.
Full-year new sales stood at Rs 17,023.1 crore, a 19% decline YoY, reflecting the impact of deferred launches amid approval delays. Sales volume for the year was 12.58 million square feet, down 38% YoY.
Collections for the full year totalled Rs 12,084 crore, indicating a 1% growth over FY24.
In the Office segment, gross leasing for FY25 stood at 4.10 million square feet across the portfolio. Portfolio-wide Occupancy levels remained strong at over 90%.
In the Retail segment, the company’s malls recorded a gross turnover (GTO) of Rs 2,264 crore during FY25. Total footfalls across the retail portfolio stood at 18 million. Portfolio-wide occupancy remained high at 99%.
Irfan Razack, chairman and managing director, Prestige Group, said: “FY25 brought with it a mix of achievements and challenges. Despite delays in project approvals that deferred a few key launches into the next fiscal, the final quarter saw strong traction in sales and an encouraging uptick in realizations.
The appetite for quality real estate remains robust, as evidenced by the outstanding response to our recent launches.
FY26 is set to be a defining year for Prestige Group as we expand into newer markets—launching marquee projects in NCR and Mumbai and achieving our maiden residential completions in Mumbai.”
Prestige Group, one of the leading real estate developers in the country, has a legacy of over three decades in real estate development. It has a diversified business model across various segments, viz., residential, office, retail, hospitality, property management, and warehouses, with operations in more than 13 major locations in India.
The scrip fell 1.28% to currently trade at Rs 1192.45 on the BSE.
Prestige Estates Project announced a series of successful residential launches during the fourth quarter of FY25, spanning key cities and catering to a wide range of homebuyers.
The quarter saw the launch of four projects across Bengaluru, Mumbai, and Hyderabad, covering a total developable area of 14.03 million square feet, comprising 4,548 units, with an aggregate Gross Development Value (GDV) of Rs 16,133.8 crore.
Flagship launches such as Prestige Nautilus in Mumbai clocked Rs 2,385.7 crore in sales within a month, while Prestige Southern Star in Bengaluru and Prestige Spring Heights in Hyderabad achieved Rs 1,382.1 crore and Rs 1,110.1 crore in sales respectively, in the last few days of the quarter.
Looking ahead, Prestige Group is gearing up to build on this momentum with a robust pipeline of launches planned across Bengaluru, NCR, Chennai, and Mumbai in the upcoming months.
These projects covered a total developable area of 14.03 million square feet and comprised of 4,548 units.
Though the larger project launches took place towards the latter part of the quarter, the company was able to clock impressive sales before the quarter end, meaningfully contributing to the quarter’s overall performance.
Flagship launches such as Prestige Nautilus in Mumbai clocked Rs 2,385.7 crore in sales within a month, while Prestige Southern Star in Bengaluru and Prestige Spring Heights in Hyderabad achieved Rs 1,382.1 crore and Rs 1,110.1 crore in sales, respectively, in the last few days of the quarter.
These projects cater to a wide spectrum of buyers—from mid-segment and aspirational housing to premium and luxury residences. Looking ahead, Prestige Group is gearing up to build on this momentum with a robust pipeline of launches planned across Bengaluru, NCR, Chennai, and Mumbai in the upcoming months.
Irfan Razack, chairman and managing director, Prestige Group, said: “We are pleased with the enthusiastic response our Q4 launches have received across geographies and customer segments.
While the year posed certain challenges on the approvals front, we made every effort to navigate them responsibly and bring these diverse offerings to market.”
The scrip fell 1.18% to currently trade at Rs 1074.70 on the BSE.
Macrotech Developers Ltd gained 2.27% today to trade at Rs 1184. The BSE Realty index is up 0.78% to quote at 6449.94. The index is up 3.05 % over last one month. Among the other constituents of the index, Prestige Estates Projects Ltd increased 0.86% and Godrej Properties Ltd added 0.85% on the day. The BSE Realty index went down 13.79 % over last one year compared to the 3.12% surge in benchmark SENSEX.
Macrotech Developers Ltd has added 5.79% over last one month compared to 3.05% gain in BSE Realty index and 4.28% rise in the SENSEX. On the BSE, 4669 shares were traded in the counter so far compared with average daily volumes of 37433 shares in the past one month. The stock hit a record high of Rs 1648 on 18 Jun 2024. The stock hit a 52-week low of Rs 1036 on 17 Mar 2025.