Prestige Group
Prestige Group is one of India’s top real estate companies and was founded by Razack Sattar in 1986. The company is based in Bangalore and works in major cities across India. With 38 years of experience, it has completed over 300 projects. So far, it has delivered 180 million sq. ft. of built-up area. It also has 170 million sq. ft. of space under development.
Prestige Group is currently led by Irfan Razack, who is the Chairman and Managing Director. The company has 56 ongoing projects in residential, commercial, retail, leisure, and hospitality sectors. It also plans to launch 43 new projects covering 85 million sq. ft. of space. Prestige owns a land bank of over 728 acres. It is the only real estate company in India with a CRISIL DA1+ rating and also holds a credit rating of ICRA A+.
In May 2025, Prestige Group entered the NCR (National Capital Region) by launching a new project, The Prestige City–Indirapuram, in Ghaziabad. This modern project includes both residential and commercial spaces and will be built in two phases.
The first phase, Oakwood and Mulberry, has a GDV (Gross Development Value) of over ₹9,000 crore. The 2nd phase, Mayflower, will have a GDV of ₹3,000 crore. The total revenue expected from this project is ₹12,000 crore.
In April 2025, Prestige Group also announced a series of residential launches for Q4 2025. These projects have a combined GDV of ₹16,133.8 crore. The launches will take place in major cities like Bengaluru, Hyderabad, and Mumbai. They will cover a total developable area of 14.03 million sq. ft. and include around 4,548 units.
In its 38+ years of experience, Prestige Group has completed over 300 residential projects. It has built many properties across different cities in India. The company is known for creating dream homes and improving lifestyles. Many buyers trust Prestige because it always delivers high quality.
The group has many ready-to-move-in projects, with over 50,000 happy families living in them. There are also many ongoing projects in different cities, and bookings are in high demand. Several new projects are also expected in 2024.
As of January 2025, the total net worth of Prestige Group is around ₹800 billion or ₹80,000 crore. In February 2025, the share value of Prestige Group is ₹1,192. The company has grown its assets over time and expanded its real estate business in top Indian cities. The company has been in the business for over 38 years and has completed nearly 350 projects, covering more than 180 million sq. ft. of space.
Prestige Group is developing real estate projects in several major cities, including Mumbai, Kochi, Bangalore, Mangalore, Hyderabad, Calicut, Chennai, and Goa.
In all the top cities, Prestige Group has completed residential projects covering over 127 million sq. ft. They have developed 125 commercial properties spread across 48 million sq. ft. The company has also built 13 retail projects over 10 million sq. ft. and delivered 12 hospitality projects covering 4 million sq. ft.
Prestige Group’s first project was Prestige Court, located on KH Road in Bangalore. Some of their latest projects include:
- Prestige Greenbrook
- Prestige Evergreen
- Prestige Oakville
- Prestige Autumn Leaves
- Prestige Southern Star
Prestige Group was started by Razack Sattar. In the 1960s, his sons Rezwan Razack and Irfan Razack joined him. Later, his youngest son, Noaman Razack, also became part of the business. They first ran a retail business and later moved into real estate. Today, Prestige Group is one of the top real estate developers in India.
Mr. Irfan Razack is the present owner of Prestige Group, one of India’s top real estate developers. He has been the Chairman and Managing Director of the company since it began in 1986. With 48 years of experience, he has helped Prestige Group grow into a leading realty firm in India. He is also the Co-Founder and Chairman of Inventure Academy, a well-known international school in Bangalore.
2025 –
- Prestige Group received an award from MAPIC India for its work in retail and retail real estate. The award was given for strong collaboration and innovation, and the event had over 1,000 delegates.
- Irfan Razack received the Lifetime Achievement Award at the ET Business Awards.
2024 –
- Mr Irfan Razack was honoured by the Retailers Association of India as a pioneer of modern shopping centres.
- Prestige Estates Projects (P) Limited was awarded CREDAI membership.
2023 –
- Mr. Irfan Razack received the 2023 Lifetime Achievement Award from IHC London and IIHM.
- UB City received the Best Thematic Decoration award from the Retail and Shopping Centre Awards.
Prestige Group's logo shows a large phoenix bird, which stands for strength and loyalty. The tagline, written below the logo, is "Adds Prestige to your life."
Prestige Group is based in Bangalore, and its main office is also in the city. They have launched 150 residential projects in Bangalore, covering 127 million sq. ft. Out of this, over 65 million sq. ft. of township projects have been completed.
Some of the Prestige projects in Bangalore:
- Prestige Glenbrook
- Prestige Camden Gardens
- Prestige Sunset Park
- Prestige Gardenia Estates
Prestige Group has expanded into many services under strong leadership. It is the only developer in South India with a wide range of projects.
Some of its key subsidiaries include:
- Falcon Property Management Services
- Spring – Planet Resourcing
- Prestige – The Man Store
- Prestige Projects Pvt Ltd and Prestige Golfshire Club
- Twenty-Four Hotels – Prestige Tech Park
Prestige Group is a top choice for many homebuyers because they always put customer needs first. They finish projects before the deadline. The company hires skilled professionals like engineers, architects, and contractors to maintain high construction standards. Buying a property from Prestige Group is a smart choice because it offers top quality and high resale value.
Prestige Group pre launch new project is Prestige Greenbrook