Prestige Estates Projects shares in focus after securing Gurugram land with ₹4,200 Cr GDV potentialPrestige Estates Projects shares in focus after securing Gurugram land with ₹4,200 Cr GDV potential

Introduction

Leading real estate developer secured 17.212 acre land in Gurugram via Joint Development Agreement. Project has 3 million square feet area and Rs 4200 crore GDV.

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Share price movement of Prestige Estates

On April 02, 2026, Prestige Estates Projects Ltd opened at ₹1,141.60, down 0.30% from its previous close of ₹1,145.00. The stock reached a high of ₹1,149.55 (0.40%) and a low of ₹1,090.45 (-4.76%). By 11:08 AM, it traded at ₹1,101.85, a 3.77% decrease, with a market cap of ₹47,460.01 crore.

Prestige Secures Gurugram Land Parcel

Prestige Estates Projects Limited announced securing a 17.212 acre land parcel in Sector 92 Gurugram through a Joint Development Agreement, strengthening its presence in the National Capital Region.

The proposed project has a saleable area of about 3 million square feet with an estimated Gross Development Value of around Rs 4,200 crore, as per company press release.

The site is located near Dwarka Expressway with improving infrastructure and connectivity, and the company plans to develop a residential project to expand its portfolio in NCR.

Stock performance of Prestige Estates for period of 1 week, 6 months, and 1 year

Prestige Estates Projects Ltd delivered a 1-week return of -6.77%, a 6-month return of -25.2%, and a 1-year return of -2.78%.

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Shareholding pattern of Prestige Estates

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	60.90%	60.90%	60.90%
FII	15.70%	15.70%	16.60%
DII	21.00%	20.70%	20%
Public	2.40%	2.60%	2.80%

About Prestige Estates

Prestige Estates Projects Ltd (NSE: PRESTIGE) operates across residential office retail hospitality property management and warehouse segments with presence in more than 12 major locations in India.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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