Prestige Group

When asked to consider a builder for a new property within a major Indian city in 2025, the Prestige Group is often at the top of the list. They build tall homes, big offices, green townships, and beautiful hotels. Their projects change the way cities look and feel. But what is Prestige Group, and how did it become so big?

What is Prestige Group?

Prestige Group is one of the biggest real estate builders in South India. The company works in 9 states and 13 cities across India. It has completed more than 350 projects, covering over 180 million sq. ft. They are also building 35 new projects, covering 46 million sq. ft.

Prestige Group was started in 1986 by Mr. Razack Sattar in Bangalore. Today, the company builds homes, offices, malls, hotels, and many other properties. They are known for strong construction, good designs, and on time delivery.

Prestige Group is listed on the stock market as Prestige Estates Projects Ltd.

The company has the highest CRISIL DA1+ rating and ICRA A+ credit rating. This shows that Prestige is a very trusted and financially strong builder. They have also built over 180 million sq. ft. and have 728 acres of land for future projects.

Their main office is in Bengaluru, Karnataka, where many of their top projects are built.

In the last 40 years, Prestige Group has grown in many real estate sectors like homes, offices, retail, malls, hotels, and large townships. Some famous names include Forum Malls, Prestige Golfshire Resort, and The Prestige City.

History and How It Came to Be

The story of Prestige Group began in 1986. It was started by the late Mr. Razack Sattar, who first ran a small retail business. Later, he moved into real estate and built the first project, Prestige Court, on KH Road in Bangalore. This project marked the beginning of Prestige Group’s long journey.

The company grew very fast under the leadership of his sons Irfan Razack, Rezwan Razack, and Noaman Razack. They expanded the company across India and made Prestige a trusted name. The parent company is The Razack Family Trust, which ensures that family values and professional work go hand in hand.

Under the new vision called Prestige 2.0, the group added top industry leaders like Incia Bagasrawala Gupte, who has over 25 years of experience in the office and leasing sector.

The Leadership Behind Prestige Group

Prestige Group is run by strong and experienced leaders:

• Irfan Razack – Chairman & Managing Director
• Rezwan Razack – Joint Managing Director
• Noaman Razack – Whole time Director

Net Worth of Leaders (as of 2025):

• Irfan Razack: $180 million
• Rezwan Razack: $180 million
• Noaman Razack: $180 million

Prestige Group Net Worth (2025): The company’s net worth is around ₹725.26 billion. In May 2025, Prestige Group announced a new IPO and a plan to buy a hotel worth ₹614 crore. The company’s share price also reached a record level of ₹2,025.50 in June 2024. Prestige Group also has a strong board of directors, many CEOs for different divisions, and a skilled executive team.

Prestige Group’s Projects and Major Cities

Prestige Group has many kinds of projects: homes, tech parks, malls, hotels, resorts, and big townships.

They work in major cities like:

• Bengaluru
• Hyderabad
• Chennai
• Mumbai
• Pune
• Kochi
• Goa
• Mangalore
• Calicut
• Noida
• Ooty
• Kolar

Prestige also entered the Delhi NCR market with projects like The Prestige City Indirapuram in Ghaziabad. They recently purchased 102 acres of land to build new homes worth ₹20,000 crore.

Prestige Group in Bengaluru

Bangalore is the Prestige Group’s biggest and most important city. Their main office, Prestige Falcon Tower, is here.

Some famous projects in Bangalore include:

• Prestige Shantiniketan
• Prestige Falcon City
• Prestige White Meadows
• Prestige Jindal City
• The Prestige City Bengaluru

Prestige Group in Hyderabad

Prestige Group has many successful projects in Hyderabad. They help the city grow with modern homes and commercial spaces.

Prestige Group in Mumbai

Prestige Group is growing very fast in Mumbai. Some major projects are:

• Prestige Jasdan Classic
• Prestige Daffodils
• The Prestige City Mulund

In 2025, they also signed a ₹12,500 crore MoU to build a large data center campus in Navi Mumbai.

Notable Prestige Projects

Residential Projects

• Prestige Shantiniketan
• Prestige Falcon City
• Prestige Kingfisher Towers
• Prestige High Fields
• Prestige Finsbury Park
• Prestige Ferns Residency
• Prestige City (Bangalore & Hyderabad)
• Prestige White Meadows
• Prestige Hoskote (Upcoming)

Commercial & Tech Parks

• Prestige Tech Park
• Prestige Cessna Business Park
• Prestige Technostar
• Prestige Trade Tower
• Prestige Falcon Towers
• Prestige Cyber Towers

Retail & Hospitality

• Forum Malls
• UB City
• JW Marriott Bengaluru
• Prestige Golfshire Resort

Prestige Estates Projects Ltd.

Prestige Estates Projects Ltd. is the public company of Prestige Group.

• Incorporated: June 4, 1997
• Listed: October 27, 2010
• BSE Code: 533274
• NSE Code: PRESTIGE

Stock Prices

On July 16, 2025:

• BSE - ₹1,714.25
• NSE - ₹1,718.00

Earnings Report

Prestige had a record breaking quarterly sales figure of ₹12,126.40 crore in the Sec. 1 Qtr. FY 26. Revenue for FY 225 is recorded as ₹7,349.40 crore for the Prestige Group.

Achievements & Accolades

2025

• CRISIL reissued the DA1+ rating to Prestige.
• The ET Business Lifetime Achievement Award was granted to Irfan Razack.
• Prestige has been made a member of both NAREDCO and CREDAI.

2024

• Forum Mall Kochi won Best Retail Project.
• Prestige Leela Residences won Best Ultra Luxury Project.
• JW Marriott Prestige Golfshire won the FIABCI Gold Award.
• Prestige was named Most Respected Real Estate Brand of the Year.

2023

• Irfan Razack won the IHC London & IIHM Lifetime Achievement Award.

Prestige Group has won 260+ awards for design, construction, and quality.

Careers at Prestige Group

Prestige Group offers many job roles in construction, sales, marketing, HR, engineering, and management. They also train their employees and provide great career growth.

You can check their job openings at: https://jobs.prestigeconstructions.com/

Contact Information for Investors

Prestige Estates Projects Limited

Prestige Falcon Tower

No. 19, Brunton Road, Bengaluru – 560025

Email: investors@prestigeconstructions.com

Phone: +91 80 2599 1080

Registrar: Link Intime India Pvt. Ltd., Mumbai

Email: rnt.helpdesk@linkintime.co.in

One of the most awaited new projects by Prestige Group is Prestige Hoskote. It is located near Hoskote in East Bengaluru.