Prestige Estates Projects Ltd (PRESTIGE) — Announcement | 28 August 2026

· BSE 🔴 High Importance Neutral
By StockFin Research Team AI-Assisted Analysis Source: BSE/NSE Filings
📢 Key Event
Prestige launches new residential project in Chennai
🔮 What's Next
3 to 4 residential developments planned in Chennai this financial year

Prestige Estates Projects Limited announced the launch of Prestige Palm Court, a 7.98-acre residential development in North Chennai comprising 910 premium apartments across 5 towers, with an estimated gross development value of Rs. 1330 Crore, as part of its expansion strategy in the Chennai market.

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About Prestige Estates Projects Ltd (PRESTIGE)

Realty · Realty · Listed on BSE

Market Cap: ₹68,615.33 Cr P/E: 60.2 ROE: 7.8% ROCE: 10.4% Div Yield: 0.13%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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