New Delhi, July 11 -- Prestige Estates Projects Ltd struggled with delayed approvals for new launches for most of FY25.

But the scenario appears to be turning around. In the June quarter (Q1FY26), the real estate developer clocked pre-sales of Rs.12,126 crore-its best-ever quarterly performance, up 300% year-on-year and 74% sequentially.

This is in line with the management's guidance of over Rs.10,000 crore for the quarter. With this, Prestige has achieved around 45% of its FY26 pre-sales guidance of Rs.26,000- Rs.27,000 crore.

Also read: Prestige Estates makes room for a better FY26 as approval delays ease

Collections, too, hit a record Rs.4,523 crore, up 55%, the highest in any quarter. The surge was aided by the launch of four resi...