Summary：**Prestige Group's Rs 65,000 Crore Hidden Revenue Bombshell Exposed by Chairman Irfan Razack**In a r

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**Prestige Group's Rs 65,000 Crore Hidden Revenue Bombshell Exposed by Chairman Irfan Razack**

In a revelation that is set to send shockwaves through the Indian real estate sector, Prestige Estates Projects Ltd, one of the country's leading property developers, is sitting on a staggering Rs 65,000 crore in unrecognised revenue. This bombshell disclosure was made by the company's Chairman, Irfan Razack, and is a testament to the firm's robust sales performance, particularly in the housing segment.

**Robust Sales Drive Unrecognised Revenue**

The key driver behind this substantial unrecognised revenue is the company's impressive sales figures. Prestige Group reported record bookings worth Rs 30,024 crore for the fiscal year 2025-26, a significant milestone that underscores its strong market presence. According to Irfan Razack, the company is poised for even stronger performance in the current year, driven by a robust pipeline of projects and a continued demand for quality housing. This unrecognised revenue, which is expected to be recognised over the coming years, will provide a significant boost to the company's financials.

**A Positive Outlook for the Real Estate Sector**

The Prestige Group's impressive sales performance is also a positive indicator for the overall Indian real estate sector. The industry has been witnessing a significant uptick in demand, driven by factors such as increasing urbanisation, a growing middle class, and government initiatives aimed at boosting affordable housing. As a major player in the sector, Prestige Group's performance is likely to have a ripple effect, benefiting other stakeholders and driving growth across the industry.

**Future Prospects**

With a strong order book and a robust pipeline of projects, Prestige Group is well-positioned to capitalise on the growing demand for housing in India. The company's focus on quality development, coupled with its strong brand reputation, is expected to drive continued sales growth. As the company recognises its unrecognised revenue over the coming years, it is likely to deliver significant returns for shareholders.

**A New Benchmark for Real Estate Developers**

The Prestige Group's Rs 65,000 crore unrecognised revenue is a significant development that is likely to set a new benchmark for real estate developers in India. As the company continues to drive growth and deliver strong financial performance, it is poised to remain a leader in the sector. With its strong sales momentum and robust pipeline of projects, Prestige Group is set to play a major role in shaping the future of the Indian real estate industry.