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Introduction to Prestige Group

When you think of modern India's urban landscape, a few names stand out, and Prestige Group is definitely one of them. They build everything from towering residential complexes to huge tech parks and luxurious hotels. Prestige has truly changed the look of many big cities across the country. But what exactly is Prestige Group, and how did it become so successful? Let's find out!

What is Prestige Group? The Legacy Unveiled

Prestige Group is a renowned real estate development company in India. Its official name, especially when it's publicly traded on the stock market, is Prestige Estates Projects Ltd., a name which means quality, new ideas, and finishing projects on time. While Prestige Group is the larger company, Prestige Estates Projects Ltd. is the part that specifically handles real estate development.

The company's commitment to quality is recognized by top financial institutions, with a strong CRISIL DA1+ developer grading and a credit rating of ICRA A+. Its portfolio includes over 180 million sq ft of delivered projects, and it currently holds a land bank of over 728 acres for future developments.

The company is headquartered in Bengaluru, Karnataka. This city has seen many of Prestige's most important projects

History and How It Came to Be


Featured image of Prestige Group History and How It Came to Be


The story of Prestige Group began in 1986 when it was founded by the late Mr. Razack Sattar. What started as a modest retail business soon expanded into real estate, with its first project, Prestige Court on KH Road in Bangalore, marking its entry into property development.

The company's first-ever residential project was this very building, Prestige Court, a testament to their roots in the city.

The company's rapid growth and diversification were greatly inspired and managed by Razack Sattar's sons: Irfan Razack, Rezwan Razack, and Noaman Razack. They built upon the strong foundation laid by their father, transforming Prestige into one of India's leading and most respected developers.

Today, the Razack Family Trust stands as the parent organization of Prestige Group, ensuring the legacy continues with a blend of family values and professional management.

The Leadership Behind Prestige Group



Featured Image of The Leadership Behind Prestige Group


The Prestige Group is led by a dynamic team, with family members playing crucial roles alongside experienced professionals:

  • Irfan Razack is the Chairman & Managing Director of Prestige Group.
  • Rezwan Razack serves as the Joint Managing Director.
  • Noaman Razack is a Whole-time Director.

Their collective vision and strategic direction have been instrumental in the group's expansive portfolio.

Net Worth of the Leadership (as of 2025):

  • Irfan Razack net worth: Estimated at $180 million USD.
  • Rezwan Razack net worth: Estimated at $180 million USD.
  • Noaman Razack net worth: Estimated at $180 million USD.

Overall Prestige Group Net Worth: As of May 2025, Prestige Group's net worth is estimated at ₹725.26 billion.

The company's strong financial health has led to significant market events. In May 2025, Prestige Group announced a new Initial Public Offering (IPO) and also revealed plans for the acquisition of a hotel worth ₹614 crore. The company's strong performance is reflected in its share price, which reached a historic high of ₹2,025.50 on June 24, 2024.

The leadership structure also includes a dedicated Board of Directors and a comprehensive team of executive and independent directors, along with various CEOs overseeing specialized segments:

Board of Directors:

  • Irfan Razack: Chairman & Managing Director
  • Rezwan Razack: Joint Managing Director
  • Noaman Razack: Whole-time Director
  • Uzma Irfan: Director: Independent Director
  • Jagdeesh K Reddy: Independent Director
  • Dr Pangal Ranganath Nayak: Independent Director
  • Neelam Chhiber: Independent Director
  • S N Nagendra: Independent Director
  • Ravindra Munishwar Mehta: Independent Director
  • T. Srikanth Bhagavath: Independent Director

CEOs for Specific Businesses:

  • Jagdeep Singh Marwaha: Leads Prestige Office Ventures.
  • Tariq Ahmed: Heads the West India operations.
  • Muhammad Ali: Manages the Retail business.
  • Javed Shafiq Rao: Leads Property Management.

Chief Financial Officer (CFO):

  • Amit Mor

Executive Directors:

  • Faiz Rezwan: Contracts & Projects
  • Zackria Hashim: Land Acquisition
  • Zaid Sadiq: Liaison and Hospitality
  • Anjum Jung: Interior Designs
  • Zayd Noaman: CMD's Office
  • Sana Rezwan: Executive Director
  • Nayeem Noor: Government Relations
  • Nawabzada Omer Bin Jung: Hospitality
  • V Gopal: Projects & Planning
  • Suresh Singaravelu: Hospitality (also CEO)
  • T. Arvind Pai: Legal
  • Swaroop Anish: Residential Segment & Business Development (also CEO)
  • It Col Milan Khurana Retd: HR, IT & Admin

This large and skilled team helps Prestige Group of Companies run smoothly and grow.

Prestige Group's Extensive Portfolio and Major Cities


Featured Image of Prestige Group Projects and Developments


Prestige Group has an incredibly diverse portfolio that spans across residential, commercial, retail, leisure, and hospitality segments. They have firmly established their presence in major cities across India.

You can find Prestige projects in:

  • Bengaluru (their main hub and headquarters)
  • Hyderabad
  • Chennai
  • Mumbai
  • Kochi
  • Goa
  • Mangalore
  • Calicut
  • Pune
  • Noida
  • Ooty
  • Kolar
  • And now expanding into Delhi-NCR with significant new launches.

And now expanding into Delhi-NCR with significant new launches. This expansion is marked by key new projects such as The Prestige City-Indirapuram in Ghaziabad for the Delhi-NCR market, and new launches in Hyderabad like Prestige Spring Heights and Prestige Imperial Park.

Prestige Group in Bengaluru



Featured image of Prestige Group in Bengaluru


Prestige Group Bangalore is undoubtedly the company's largest hub, with countless iconic projects. The company's headquarters, Prestige Falcon Tower, No. 19, Brunton Road, Bengaluru - 560 025, stands as a testament to their roots in the city.

Prestige Group in Hyderabad

Prestige Group Hyderabad is another key market. They have built many homes and offices there, helping the city grow.

Notable Projects and Landmarks

Residential Projects (Prestige Homes & Apartments): Prestige is famous for its high- quality homes, from luxurious villas to modern Prestige apartments Bangalore and across other cities. Some well-known projects include. Some well-known projects include:

  • Prestige Shantiniketan Whitefield: A vast integrated township in Bangalore, featuring residential spaces, commercial complexes, and retail areas like Prestige Shantiniketan Commercial Complex. Prestige Shantiniketan Crescent 3 is part of this expansive development.
  • Prestige Falcon City: An integrated township on Kanakapura Road, Bangalore, combining residential towers with retail space and the popular Forum Mall.
  • Prestige High Fields (Hyderabad)
  • Prestige Jindal City (Bangalore, Tumkur Road)
  • Prestige City Hyderabad and Prestige City Bangalore (large-scale township developments, expanding into new regions like Indirapuram Extension in Ghaziabad for Delhi-NCR).
  • Prestige Ferns Residency
  • Prestige Finsbury Park
  • Prestige Palms Apartments
  • Prestige White Meadows (Whitefield, Bangalore)
  • Prestige Kingfisher Towers (ultra-luxury residences in Bangalore)
  • Prestige Evergreen

Commercial & Tech Parks (Prestige Group Tech Park): Prestige Group is a leader in developing cutting-edge commercial spaces and tech parks, vital for India's IT and business sectors. Key examples include:

  • Prestige Tech Park (multiple phases, including Prestige Tech Park II, Prestige Tech Park IV)
  • Oracle India Pvt Ltd Velocity Block Prestige Tech Park II (a prominent tenant within one of their tech parks)
  • Prestige Electra Tech Park
  • Prestige Tech Cloud
  • Prestige Technostar
  • Prestige Trade Tower
  • Prestige Falcon Towers (their own headquarters in Bangalore)
  • Prestige Cyber Towers (Hyderabad)
  • Prestige Cessna Business Park
  • Prestige Capital Square
  • Prestige Central

Retail & Hospitality: Prestige Group has a strong presence in the retail and hospitality sectors with landmark malls like Forum Falcon City and The Collection @ UB City in Bangalore, and luxury hotels like JW Marriott Bengaluru and many operating under renowned international brands.

Prestige Estates Projects Ltd. (Publicly Traded Entity)


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Prestige Estates Projects Ltd. is the publicly listed arm of Prestige Group, traded on India's major stock exchanges.

  • Date of Incorporation: June 4, 1997
  • Date of Listing: October 27, 2010
  • Stock Exchanges: Shares are listed and traded on the NSC and BSC.
  • BSE Code: 533274
  • NSE Code: PRESTIGE
  • ISIN Demat: INE811K01011

Prestige Group Share Price (as of Wednesday, July 16, 2025):

  • Prestige Estates Projects Ltd. (BSE) closed at: ₹1,714.25
  • Prestige Estates Projects Ltd. (NSE) closed at: ₹1,718.00

Prestige Group Revenue (FY 2025): For the year ending March 2025, Prestige Group revenue was ₹7,349.40 Crore. (Note: This was a decrease from ₹7,877.10 Crore in the previous year, as per the provided data).

Latest News and Awards (2023-2025)



Featured image of Prestige Group Latest News and Awards

Prestige Group consistently makes headlines for its achievements and growth.

2025 Highlights:

  • CRISIL Reaffirmation: CRISIL reaffirmed Prestige Estates Projects Limited's developer grading at DA1+, a testament to its strong operational and financial performance.
  • ET Business Award: Mr. Irfan Razack received the Lifetime Achievement award at the ET Business Awards.
  • Memberships: Prestige Estates and Projects Limited received Certificates of Membership from NAREDCO and CREDAI, reinforcing its industry standing.

2024 Highlights:

  • CNBC Real Estate Awards:
    • Forum Mall Kochi: Best Retail Project
    • Prestige Leela Residences: Best Residential Project (Ultra Luxury Segment)
  • FIABCI Prix D'Excellence Awards: JW Marriott Prestige Golfshire Resort & Spa won the Gold Winner under the Hotel category.
  • Retailers Association of India: Mr. Irfan Razack was recognized as a Modern Shopping Center Pioneer.
  • HURUN India: Prestige Estates Projects Limited was awarded the "Most Respected Real Estate Brand of the Year."
  • Karnataka Rajyotsava Award: Mr. Irfan Razack received this prestigious state award for his remarkable contributions.
  • Construction Week Awards: Prestige Skytech won "Facade project of the year."
  • Commercial Design Awards: Mr. Irfan Razack was inducted into the Hall of Fame.
  • Rotary: Mrs. Uzma Irfan received the Woman Achiever of the Year award.

2023 Highlights of Awards:

  • IHC London & IIHM Lifetime Achievement Award (2023): Awarded to Irfan Razack for his leadership in the real estate sector.

Careers at Prestige Group

Looking to build a career with a leading real estate developer? Prestige Group careers offer diverse opportunities across various departments, from construction and project management to sales, marketing, and corporate roles. You can visit their official careers portal for more information: https://jobs.prestigeconstructions.com/

Contact Information for Investor Queries



Featured image of Prestige Group Contact Information for Investor Queries

For investor queries and grievances regarding Prestige Estates Projects Limited, you can contact:

  • The Company Secretary:

Prestige Estates Projects Limited
Prestige Falcon Tower
No. 19, Brunton Road Bengaluru-560 025,
Karnataka, India
Tel No. +91 80 2599 1080
Fax No. +91 80 2559 1945
E-mail: investors@prestigeconstructions.com

  • The Registrar:

Link Intime India Private Limited
C 101, 247 Park, L B S Marg Vikhroli West,
Mumbai - 400 083, Maharashtra, India
Tel. no: +91-22-49186270
Fax no: +91-22-49186060
E-mail: rnt.helpdesk@linkintime.co.in

commitment to rising and redefining urban living, making them a cornerstone of India's real estate future.

Frequently Asked Questions about Prestige Group

1. Who is the owner of Prestige Group?

The Prestige Group owner is Irfan Razack. He, along with his brothers Rezwan Razack and Noaman Razack, is the key figure leading the company.

2. What is the Prestige Group logo?

The Prestige Group logo features a phoenix bird. It symbolises strength, power, and loyalty, reflecting the company's commitment to quality and sophistication in its projects.

3. What are the Prestige Group of companies?

The Prestige Group is a diversified real estate conglomerate with operations spanning various sectors. Its primary focus is Prestige Estates Projects Ltd., but its key areas of business also include:

  • Residential: Apartments, villas, and integrated townships.
  • Commercial: Office spaces, business parks, and IT parks.
  • Retail: Shopping malls operating under "The Forum" brand.
  • Hospitality: Hotels and resorts, often in collaboration with international brands.
  • Leisure & Entertainment: Golf courses and clubs.
  • Property Management: Comprehensive services for its properties.
  • Other Ventures: Including interior design (Morph Design Company) and fashion retail.

4. What are the Prestige Group brands and key ventures?

Prestige Group has a wide array of brands, properties, and ventures across its diverse portfolio. These include:

  • UB City: An iconic luxury commercial and retail property.
  • The Forum Malls: A prominent chain of retail shopping destinations.
  • Prestige Golfshire Club: A premium golf and leisure destination.
  • Angsana Oasis Spa & Resort: A luxury resort property.
  • Sublime Galleria: A unique art gallery space.
  • Prestige The Man Store (the group's high-end fashion retail outlet, operated by the subsidiary Prestige Fashions (P) Ltd.)
  • Inventure Academy: An international school.
  • Morph Design Company: Their in-house interior design firm.
  • Prestige Living & Prestige Interiors: Concepts related to home solutions.
  • Prestige Property Management Services / Falcon Property Management Services (FPMS): Dedicated property and facility management arms.
  • Spring – Planet Resourcing: Likely related to human resources or sourcing.
  • The Luxury Collection and Twenty Four Hotel Prestige Tech Park: These refer to hotels that Prestige Group owns/manages, often under international hotel brand partnerships (like Marriott's Luxury Collection).

5. Who is the CEO of Prestige Group?

Irfan Razack is the Chairman, Managing Director and the Chief Executive Officer (CEO) of Prestige Group. Other specialized CEOs lead different business verticals within the broader Prestige Group.

6. What is the rank of Prestige Group in India?

Prestige Group is ranked among the top 5 real estate companies in India and is a leader in Karnataka. It is also the only Indian company with a top CRISIL DA1+ rating.

7. Is it a good investment to buy a Prestige Group project?

Yes, investing in a Prestige Group project is a great choice. Their properties are known for their high quality, legal safety, and strong appreciation value.

8. What is the price of Prestige apartments?

The price of Prestige apartments can vary widely based on location and size. For example, some apartments in Bangalore start from around ₹70 Lakhs, while luxury projects can go up to several crores.

9. Who owns Inventure Academy?

Prestige Group's Chairman, Irfan Razack, is also the co-founder and chairman of Inventure Academy, a top international school in Bangalore.


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