Prestige Eyes ₹1,200 Cr Retail Income by FY30 as Mall Occupancy Hits 99%
Prestige Estates is scaling its retail vertical under Mission 2030, targeting ₹1,200 crore in retail income and ₹4,000 crore in office income by FY30. Mall occupancy stands at 99% and office at 90%, with ₹66,000 crore in unrecognised revenue. Residential sales target rises to ₹36,000 crore in FY27.
What happened
Prestige Estates targets ₹36,000 crore residential sales in FY27 and is scaling office, retail and hospitality verticals under Mission 2030, eyeing ₹1,200 crore
Key facts
- ₹36,000 crore residential sales target FY27
- ₹30,000 crore FY26 sales
- ₹60,000 crore project pipeline
- ₹4,000 crore office income target FY30
- ₹1,200 crore retail income target FY30
- 99% retail occupancy
- 90% office occupancy
- ₹66,000 crore unrecognised revenue
- ₹62,585 crore market cap
Why this matters
Mission 2030's retail ramp signals appetite for prime mall acquisitions and anchor tenant tie-ups—expect Prestige to be an active counterparty for distressed retail assets and JV land parcels in tier-1 metros.