Founded in 1986 by Irfan Razack, Prestige Group started with creating small segment housing projects in Bangalore. With the help of brothers Rezwan Razack and Noaman Razack, over the last decade expanded into unknown regions of south India like Chennai, Hyderabad, and Goa. Today, Prestige Group has captured 20% of the real estate market in Mumbai. The firm established itself as one of the leading real estate developers in India. It is the largest real estate public sector with residential, commercial, retail, hospitality, and property management companies in 13 cities with DAQ CRISIL Grading and ICRA A+ Stable Rating.
According to the July 2024 report, they have a legacy of 300+ completed projects in 4362 Acres, 53 ongoing projects in 2112 Acres, and 48 upcoming projects in 2089 acres all over India. Its corporate head office address is Prestige Falcon Towers, 19 Brunton Road, Bengaluru. Prestige is coming up with a new 100-acre township project in Whitefield Bangalore. This Prestige Whitefield project, Prestige Raintree Park, is one of the biggest township projects launched in July 2024. The Township includes commercial space, malls, and luxury Apartments.
Prestige Group has come a long way since 1996, making itself the top property developer in South India. The key details of the company's annual growth and history are:
With over 48 years of hands-on experience in retail and real estate, Mr. Irfan Razack leads Prestige. He guides the company with strong business acumen and ethical principles. He is a visionary and a real estate icon that inspires the company's success. He possesses the ability to create opportunities and the determination to make his vision a reality. Under his capable leadership, Prestige has achieved the distinction of being the only developer in India with a CRISIL DA1 rating. Additionally, Prestige has received top financial ratings of A+ and A1+ from ICRA.
The firm has received many awards for its excellent work. It has received recognition for residential projects, malls, and tech parks. Some of the awards received by the group are:
The awards won in 2023 are:
2022
2021
The best real estate company, Prestige Group, is based out of Bangalore. The company's headquarters are situated in Bangalore and all the major decisions are taken here. The address of the office of the company is Prestige Falcon Towers, 19, Brunton Rd, Bengaluru, Karnataka 560025. The builder has launched 150 residential projects covering 127 mn sq. ft., and 37 projects are ongoing currently. The completed townships have covered over 65 mn sq. ft. of land area.
Bangalore is a prime IT hub of India, offering many job options. It has seen a huge growth in the population because of the IT firms. The rise in population also increased the need for homes. Big builders like Prestige have launched many top projects in the city.
Some of the best projects of Prestige Group are:
The developer is also launching many grand residential projects in FY 2025. Some of them are:
Prestige Group's logo is a 'phoenix bird,' which symbolizes strength, power, and loyalty. Its Tagline is mentioned below its logo, 'Adds Prestige to your life,' to which the company adheres with grace. It has shown its commitment by delivering the best quality projects in the prime areas of India.
The company has grown into various services with capable leaders over time. It provides many different services in South India. From interior design by Morph Design Company (MDC) to best men's formal wear with Prestige Fashions (P) Ltd. It is the sole developer in South India with a wide range of projects.
Some of the company's subsidiaries are
Prestige Group prelaunch apartment is Prestige Raintree Park.
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