New Delhi, June 2 -- Prestige Estates Projects Ltd put up a decent show in the March quarter (Q4FY25) with pre-sales or bookings at Rs.6,957 crore, up 48% year-on-year. Last quarter, it launched 14.03 million square feet (msf) spanning four projects: Prestige Suncrest and Prestige Southern Star-Ph 1 in Bengaluru, Prestige Nautilus in Mumbai, and Prestige Spring Heights in Hyderabad.

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However, Prestige still missed its full-year FY25 pre-sales target. Bookings declined 19% year-on-year to Rs.17,023 crore in FY25, below the guided Rs.24,000 crore. Lack of adequate new project launches due to approval delays was a dampener for Prestige during a large ...