PRESTIGENSEPrestige Estates Projects Limited· ConstructionMinimalNeutral
Announced Tue, 14 Apr · 15:03 IST

PRESTIGE: Prestige Estates Projects Limited has informed the Exchange regarding a press release dated April 14, 2026, titled "Prestige Group and Autodesk Announce Enterprise Partnership to Accelerate Digital Transformation Across Real Estate Development".

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Price reaction · full curve 14 horizons · vs prior close
+2.8%1-day move
₹1303.30
prior close
₹1345.00
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AI summary

Prestige Group has announced a three-year strategic partnership with Autodesk to deploy Autodesk Forma and the Autodesk AEC Collection across its enterprise. This partnership will create a unified digital ecosystem across Prestige's portfolio of residential, commercial, retail, hospitality, and mixed-use developments. The company will also implement advanced 4D and 5D capabilities at scale, integrating design, scheduling, cost, and execution workflows. Prestige positions itself among the first real estate developers globally to pursue 4D/5D implementation at this scale. The initiative aims to standardize processes, improve collaboration, and strengthen project execution control across consultants, contractors, and stakeholders.

Likely market impact

This partnership signals Prestige's commitment to operational efficiency and digital modernization, which could improve execution timelines and cost control across its large project pipeline of 128 ongoing projects spanning 195 million sq ft.