New Delhi, Oct. 20 -- The Bengaluru-based Realty firm Prestige Estates Projects Ltd plans to launch residential properties worth Rs.40,000 crore during the second half of the current fiscal year, nearly 2.5 times the value of launches recorded in the April-September period, as the real estate developer seeks to capitalise on festive-season demand.

In its latest operational update, the company said it launched residential projects spanning 23.14 million square feet between April and September of FY27, with an estimated revenue potential of more than Rs.16,200 crore.

"We have a substantial launch pipeline of over Rs.40,000 crore planned across Bengaluru, Mumbai, Delhi-NCR, Chennai, and Hyderabad over the next two quarters," PTI quoted Pre...