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!
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
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 Prestige Group is led by a dynamic team, with family members playing crucial roles alongside experienced professionals:
Their collective vision and strategic direction have been instrumental in the group's expansive portfolio.
Net Worth of the Leadership (as of 2025):
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:
CEOs for Specific Businesses:
Chief Financial Officer (CFO):
Executive Directors:
This large and skilled team helps Prestige Group of Companies run smoothly and grow.
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:
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 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 Hyderabad is another key market. They have built many homes and offices there, helping the city grow.
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:
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:
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. is the publicly listed arm of Prestige Group, traded on India's major stock exchanges.
Prestige Group Share Price (as of Wednesday, July 16, 2025):
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).
Prestige Group consistently makes headlines for its achievements and growth.
2025 Highlights:
2024 Highlights:
2023 Highlights of Awards:
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/
For investor queries and grievances regarding Prestige Estates Projects Limited, you can contact:
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
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.
The Prestige Group owner is Irfan Razack. He, along with his brothers Rezwan Razack and Noaman Razack, is the key figure leading the company.
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.
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:
Prestige Group has a wide array of brands, properties, and ventures across its diverse portfolio. These include:
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.
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.
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.
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.
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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