Prestige Group CMD Breaks Down Real Estate Boom, ₹2,500 Cr Sales, Risks & FY27 Growth Outlook

Prestige Group CMD Breaks Down Real Estate Boom, ₹2,500 Cr Sales, Risks & FY27 Growth Outlook

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Prestige Group’s latest Hyderabad launch is making waves across India’s real estate market. In this exclusive conversation, the company’s CMD, Irfan Razack, shares insights on record-breaking sales, market momentum, rising costs, and future growth outlook.

The project has already clocked ₹2,500 crore in sales within just two weeks, with over 1,700 homes sold out of a 5,000+ unit development. Calling the current phase a “different cycle,” he highlights strong demand, high sales velocity, and growing preference for trusted developers.

He also addresses key concerns around inflation, rising raw material costs, and global uncertainties, while maintaining a positive outlook for the sector. With a strong pipeline across major cities like Mumbai, NCR, Bengaluru, Hyderabad, and Chennai, the company is targeting at least 20% growth in FY27.

From housing demand trends to hospitality expansion and execution timelines, this interview offers a complete picture of where India’s real estate market is headed.


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