Prestige Group

Prestige Group is one of India’s leading real estate companies, founded by Razack Sattar in 1986. The company is famous for its high-quality buildings and timely project completion. It has completed 300 projects in different parts of India. With experience in all areas of real estate, Prestige Group is committed to creating more luxury projects with new features to meet the needs of buyers. Its current net worth is 6 billion dollars and will rise in the future.

The head office of Prestige Group is in Bangalore, where the company has launched 150 projects. In Bangalore, it has developed many townships, including the much-anticipated Prestige Gardenia Estates in Yelahanka. It is known for its innovative ideas and has introduced many firsts, driving important changes in South India.

Prestige Group Current Operational Status

The company has completed 300 projects across India.

It is currently working on 58 projects, with 48 more planned for the future, covering over 190 million sq. ft. across the country.

In Bangalore, there are 20 completed residential projects and 17 ongoing projects. These ongoing projects are expected to be completed in the coming years.

There are 37 high-quality residential projects set to launch in Bangalore in the FY 2025.

History of Prestige Constructions

Prestige Group has built a 38-year legacy and is now the top property developer in South India. Here are some key points about the company's growth and history:

Started in 1986, Prestige Constructions is well-known for its quality work in real estate.

The company has developed many residential, commercial, retail, leisure, and hospitality projects in major cities across India.

Prestige Group Owner and Logo

Mr. Irfan Razack, the Managing Director and CEO, owns the premium Prestige Group. His brothers, Rezwan Razack and Noaman Razack, also helped lead the company. Mr. Irfan Razack is known for his strong business skills and high ethical standards. As a visionary and a respected leader in real estate, he drives the company's success by turning his ideas into reality. Thanks to his leadership, Prestige is the only developer in India with a top CRISIL DA1 rating and has also earned strong financial ratings of A+ and A1+ from ICRA.

Prestige Group’s logo features a 'phoenix bird,' which represents strength, power, and loyalty. The tagline, "Adds Prestige to your life," is written below the logo, and the company truly lives up to it.

Prestige Constructions' Subsidiaries

Over time, Prestige Group has expanded into many different services led by skilled leaders. It offers a variety of services in South India, including MDC - the interior design hub and men's formal wear through Prestige Fashions (P) Ltd. It is the only developer in South India with such a wide range of projects.

Some of the Subsidiaries are:

Spring – Planet resourcing
Prestige – The Man Store

Prestige Group Awards and Recognition

The company has won many awards for its good and top-class work. It has been awarded for its residential projects, malls, tech parks, and SEZs, with over 200 awards for its achievements. Here are some awards the group received in FY 2024:

Forum Mall Kochi won the CNBC Real Estate Award.
Prestige Leela Residencies won the CNBC Real Estate Award for the best residential project.
The JW Marriott Prestige Golfshire Resort & Spa received the FIABCI Prix D’Excellence Award.

Prestige Group Bangalore

Prestige Group Bangalore has built trust in every area it has worked in, and all major decisions are made here. The company’s office is located at Prestige Falcon Towers, 19 Brunton Rd, Bengaluru, Karnataka 560025. The builder has launched 150 residential projects covering 127 million sq. ft. Completed townships have covered over 65 million square feet in the city’s best areas.

Bangalore is a major IT hub in India, offering many job opportunities. This has led to a large population increase due to IT firms. As the population grows, the need for homes has also risen. Major builders like Prestige have launched many top projects in the city to meet this demand. One of the top and highly reviewed upcoming projects is Prestige Gardenia Estates.

Some of the Prestige Bangalore projects are: