General Updates

Date: October 13, 2026 The General Manager The Manager Dept. of Corporate Services Dept. of Corporate Services National Stock Exchange of India Limited BSE Limited Bandra Kurla Complex Floor 25, P J Towers Bandra (E) Dalal Street Mumbai – 400 051 Mumbai – 400 001 NSE Symbol: PRESTIGE BSE Scrip code: 533274 Dear Sir / Madam, Sub: Operations update for the quarter and half year ended September 30, 2026. With reference to the above captioned subject, please find enclosed a statement on the operational update of the Company for the quarter and half year ended September 30, 2026. Kindly take the same on your records. Thanking you, Yours faithfully, For Prestige Estates Projects Limited Manoj Krishna J V Company Secretary and Compliance Officer Encl a/a Prestige Estates Projects Limited, Prestige Falcon Towers, No 19 Brunton Road, Bangalore – 560 025. Phone: +91 80 25591080 E-mail: investors@prestigeconstructions.com Website: www.prestigeconstructions.com CIN: L07010KA1997PLC022322 Prestige Clocks ₹1,38,043 Million in H1 FY27 Pre-sales; Ropes in CPP Investments for Hospitality, ₹4,00,000 Million Launch Pipeline Lined Up for H2 Bengaluru, 13th October, 2026: Prestige Estates Projects Limited ("Prestige", “Company”), one of India's leading real estate developers, announced its operational performance for the quarter and half-year ended September 30, 2026. The Company sustained healthy momentum through the first half of FY27, with all business verticals, viz. Residential, Commercial, Retail, Hospitality and Property Management, continuing to perform well, reflecting the strength of the Company's diversified platform and its ability to deliver consistent operational performance across market cycles. During Q2 FY27, the Company launched / commenced construction on 9 projects across its residential, commercial, retail and hospitality segments, with a combined developable area of 10.09 million square feet, taking total for H1 FY27 to 30.25 million square feet. The Company also completed 5.07 million square feet during the quarter, taking total completions for H1 FY27 to 9.44 million square feet. A segment-wise break-up of launches and completions is provided in the respective sections below. Operational Highlights – Residential • The residential business recorded Pre-sales of ₹72,250 million (up 20% year-on-year) during Q2 FY27, with sales volume of 5.84 million square feet and 3,910 units sold. • For H1 FY27, the Company recorded Pre-sales of ₹ 1,38,043 million, with sales volume of 11.88 million square feet and 7,247 units sold. • Bengaluru was the largest contributor to half-yearly sales, accounting for 41% of total sales, followed by Hyderabad (32%), Mumbai (12%), Chennai (8%), and 7% from other markets, demonstrating the Company's well-diversified geographical presence. • During Q2 FY27, the Company achieved an average realization of ₹12,375 per square foot, while the half-yearly average realization stood at ₹11,618 per square foot. • Collections remained robust at ₹52,941 million during the quarter, taking H1 FY27 collections to ₹1,00,963 million, reflecting healthy customer demand and strong execution across projects. • During the quarter, the Company launched 3 residential projects with a combined developable area of 5.91 million square feet, and a GDV of approximately ₹40,200 million. Residential Launches for H1 FY27 aggregated 23.14 million square feet with a GDV of over ₹1,62,000 million. The launches during the quarter were as below:- Prestige Estates Projects Limited, Prestige Falcon Towers, No 19 Brunton Road, Bangalore – 560 025. Phone: +91 80 25591080 E-mail: investors@prestigeconstructions.com Website: www.prestigeconstructions.com CIN: L07010KA1997PLC022322 Developable Sl no Project Launches Location Area (mn sft) 1 Prestige Palm Court Chennai 1.99 2 Garden Breeze @ TPC Bengaluru 1.23 3 Prestige Parklane Bengaluru 2.69 Total 5.91 • The Company completed 3 residential projects during the quarter with a total developable area of 4.27 million square feet. (H1 FY27: 5.00 million square feet), including: Developable Sl no Project Completions Location Area (mn sft) 1 Meridian Park Phase II @ TPC Bengaluru 2.34 Meridian Park Phase III @ 2 TPC Bengaluru 1.81 3 Prestige Dew Drops Bengaluru 0.12 Total 4.27 Commercial • Prestige Group’s office portfolio continued to demonstrate stable performance, with gross leasing of 1.7 million square feet during the first half of the year, supported by sustained leasing activity and healthy occupancies across key assets. • As of September 2026, Exit Rentals for the Commercial portfolio stood at ₹8,434 million. • The Company commenced construction on three projects spanning 2.02 million square feet during the quarter:- Developable Sl no Project Location Area (mn sft) 1 Prestige One West Chennai 1.25 2 OMR- Commercial Chennai 0.31 3 Prestige Vantage Point Kochi 0.46 Total 2.02 Prestige Estates Projects Limited, Prestige Falcon Towers, No 19 Brunton Road, Bangalore – 560 025. Phone: +91 80 25591080 E-mail: investors@prestigeconstructions.com Website: www.prestigeconstructions.com CIN: L07010KA1997PLC022322 • The Company completed 1 project during the quarter with a total developable area of 0.8 million square feet. Developable Sl no Project Completions Location Area (mn sft) 1 Prestige Trade Center NCR 0.80 Total 0.80 Retail • The Retail portfolio continued its strong momentum, with gross turnover (GTO) across malls reaching ₹7,210 million during the quarter, representing 10% year-on-year growth. • The Company's malls recorded footfalls of 5.2 million during the quarter, reflecting sustained consumer demand and retailer confidence. Occupancy as at September end stood at 99%. • As of September 2026, Exit Rentals for the Retail portfolio stood at ₹2,776 million. • The Company commenced construction on 1 project during the quarter with a total developable area of 1.39 million square feet. Developable Sl no Project Location Area (mn sft) 1 Forum One OMR Chennai 1.39 Total 1.39 Hospitality • The hospitality business delivered a very healthy operating performance during the half year, recording a formidable Occupancy of 70% and Average room rates (ARRs) of ₹15,143, supported by continued demand from business and leisure travel. • During the quarter, the Company commenced construction of two hotel projects, adding 313 keys across a combined developable area of 0.77 million square feet:- Sl Developable Project Location Keys no Area (mn sft) JW Marriott Plantation Estate, 1 Navilahalli Sakleshpur 160 0.45 2 Moxy One OMR Chennai 153 0.32 Total 313 0.77 Prestige Estates Projects Limited, Prestige Falcon Towers, No 19 Brunton Road, Bangalore – 560 025. Phone: +91 80 25591080 E-mail: investors@prestigeconstructions.com Website: www.prestigeconstructions.com CIN: L07010KA1997PLC022322 • During the period, the Company also announced a strategic investment of ₹30,000 million by CPP Investments in Prestige Hospitality Ventures Limited for a ~27% stake. The investment will support the expansion of the hospitality business, including the development of its planned portfolio and pursuit of future growth opportunities. Commenting on the operational performance, Mr. Irfan Razack, Chairman and Managing Director, Prestige Group said: “We have seen a good performance across our business verticals, with each of our asset classes contributing to the overall performance during the quarter. This reflects the strength and diversity of our portfolio. Our residential business continues to see healthy demand. What is particularly encouraging is the response to our new launches, a couple of which were introduced towards the end of the quarter but nevertheless saw good sales traction. Sustenance sales have also remained strong, reinforcing our view that underlying demand for housing continues to be healthy. We have a substantial launch pipeline of over ₹4,00,000 million planned across Bengaluru, Mumbai, NCR, Chennai and Hyderabad over the next two qu [Showing first 8,000 characters — download PDF for full document]