Prestige Group began as a retail business, moving to real estate with its first project, Prestige Court, at KH Road in Bangalore in 1985. From that modest start, the developer became a national powerhouse. Now, Prestige Estates is investing up to ₹10,000 crore capex to expand presence in West India, mainly across Mumbai and Pune.

Prestige Exora Business Parks acquired a 4.57-acre land parcel in Pune's tech hub of Kharadi for ₹200 crore. This April 2024 deal marked a watershed moment. Prestige Group plans to launch its first residential project in Pune signifying strategic expansion into the region. The projected revenue potential is ₹750 crore to ₹1,000 crore.

Pune isn't an accident. The company is expanding into new markets like Pune, Gurugram, and Noida, with over ₹43,500 crore worth of project launches planned for FY26 across major cities. Kharadi, along with Hinjawadi, has become a major tech center in Pune where many big Indian and foreign tech companies have opened offices. The playbook mirrors Bengaluru: target IT workers, build premium housing, add commercial anchors.

By 2026, Prestige Group has become famous in Pune's luxury home market, bringing high-end "Falcon" style to the city, focusing on fastest-growing parts and planning Grade-A offices and beautiful apartment communities. Prestige Alphatech, the biggest current project in Pune on Mundhwa-Kharadi Road near Radisson Blu Hotel, is a 17-story building where global companies like BNY Mellon have moved in.

Prestige Group has set ambitious target of ₹50,000 crore in home sales by FY29-30, nearly tripling last year's ₹17,000 crore. This is no small bet. The company closed FY26 with ₹30,024.5 crore in sales bookings, 22.28 million sq. ft. sold, and 11,692 units sold. Financial muscle backs ambition.

For homebuyers, Prestige's Pune play signals confidence. With proven legacy of over three decades, Prestige has infused trust and transparency into Pune's property market, with homebuyers associating the brand with reliability and timely delivery, uplifting perception of Pune as secure investment destination. As the city's IT sector grows and housing demand climbs, Prestige is positioned as the developer for quality-conscious, income-strong buyers.