About Prestige Group

Prestige Group is one of the well-known and trustworthy property developers in India since 1986. It is headquartered in Bangalore and is currently owned by Irfan Razack. It has worked on several projects in different areas. It holds an experience of 37 years in the real estate market.

Prestige Group is the only real estate company in India to get a CRISIL DA1+ rating from CRISIL. It also holds a credit rating of ICRA A+, showing strong financial stability. It has launched several high-end projects, including Prestige Eaton Park, a part of Prestige City, Bangalore.

History of Prestige Group

The Prestige Group is a Bangalore-based real estate company founded by Razack Sattar in 1986. The family first ran a retail business before moving into real estate. Their first big project was Prestige Court in Bangalore. Since then, the company has grown into residential, commercial, retail, and hospitality sectors.

It is now led by Irfan Razack and his brothers. Prestige has completed over 300 projects and is known as one of the most trusted builders in South India.

Prestige Group Owner

The Prestige Group is owned and run by the Razack family. Irfan Razack is the Chairman and Managing Director, leading the company’s vision and growth. His brothers, Rezwan Razack and Naoman Razack, serve as Joint Managing Director and Vice Chairman.

Together, they manage the Group’s wide range of real estate projects and have made it one of South India’s top developers.

Prestige Group Net Worth

The Prestige Group’s net worth is mainly measured by the market value of its listed company, Prestige Estates Projects Ltd (PRESTIGE.NS), which is around Rs. 74,000 Crore or $9 Billion USD as of late 2025. The company shows very strong financial growth, with record sales of Rs. 6,017 Crore in Q2 FY26.

This will cross last year’s total sales in just six months. This rise is driven by new residential and commercial launches in key markets and expansion into new areas like NCR (with The Prestige City, Indirapuram) and Mumbai.

The Group is now one of India’s biggest and most valuable listed real estate developers. Its founders have a combined wealth of about $6 billion USD.

Recent News about Prestige Group

• Strong Performance in FY26: Prestige Group reported a powerful first half of FY26 with big project launches, strong sales, and new expansion plans in Mumbai, Goa, and Delhi-NCR. The company is also preparing for the IPO of its hospitality arm and buying more land for new projects.
• Major Project Launches: In Ghaziabad, the Group launched Phase 2 of The Prestige City, Indirapuram, with 620 homes worth Rs. 2,200 crore. Phase 1 has already achieved Rs. 8,000 crore in sales. In Mumbai, it is planning new projects worth ₹2,000 crore in Mira Road and is finalising more in Thane and Navi Mumbai.
• Expansion in Key Cities: Prestige is growing in Delhi-NCR, with new projects coming up in Gurgaon, Delhi, and Noida by 2026. In Pune, it bought a 4.57-acre land parcel for Rs. 200 crore. Across Bengaluru, Hyderabad, Chennai, and Mumbai, it acquired 102 acres in Q1 FY26 for projects that can earn Rs. 20,000 crore in revenue.
• New Premium Projects: The Group is preparing to launch a new line of premium mixed-use projects to strengthen its luxury real estate portfolio across major Indian cities.
• Financial Growth and IPO Plans: Prestige targets 59% growth in sales bookings to Rs. 27,000 crore for FY26. It also recorded strong sales and collections in H1 FY26. Its hospitality arm, Prestige Hospitality Ventures, has filed for a Rs. 2,700 crore IPO. The Ghaziabad township alone is expected to generate Rs. 12,000 crore in revenue.

Prestige Group's Annual Report

The Prestige Group has a strong legacy of over 38 years and has completed more than 300 residential projects across India. Their properties are spread across many cities and are known for creating modern homes and better lifestyles. Many buyers prefer Prestige because the company never compromises on quality.

They have many ready-to-move-in projects that now form a large community of over 50,000 happy families. There are also several ongoing projects in different cities with high booking demand. Many upcoming projects by Prestige Group are expected to launch in 2024 and have already created great anticipation among buyers.

Prestige Group is one of India’s top real estate developers, known for its landmark projects. Their portfolio includes:

• Residential apartments
• Villa townships
• Commercial offices
• Shopping malls
• Hotels
• Golf courses and leisure properties.

Prestige Construction is India’s most successful and trusted real estate brand. It is also the only company in the country with a CRISIL DA1+ rating. The company has completed nearly 350 projects covering more than 180 million sq. ft. over its 38-year journey.

Prestige Group builds properties in major cities like Mangalore, Mumbai, Kochi, Bangalore, Hyderabad, Chennai, Calicut, and Goa. In these cities, they have completed residential projects covering 127 million sq. ft., 125 commercial projects over 48 million sq. ft., 13 retail projects over 10 million sq. ft., and 12 hospitality projects spanning 4 million sq. ft.

The company’s first project was Prestige Court on KH Road, Bangalore. Some of their latest and popular projects include:

• Prestige Eaton Park
• Prestige Raintree Park
• Prestige Somerville
• Prestige Pine Forest
• Prestige Evergreen

Prestige Group Awards and Recognition

Prestige Group has won many awards for its excellent work in real estate. The company has received several honours for its outstanding residential projects. Some of the top awards received by Prestige Group include:

• IHC London and the IIHM Lifetime Award recently
• Admiring Shopping Centre Launch was for Forum Falcon City in Bangalore
• The upcoming Mall of the Year, given to Forum Thomson Mall, was won in 2023
• SAP Ace Awards won in 2022
• CWAB 2022 – India’s Top Builders Award to Prestige Estates
• The Best of Bharat Awards 2022
• BT Mindrush – Best CEO in Real Estate Award
• ICI Birla Super Award
• CWAB Awards 2021 – India’s Top Builder Award to Prestige Estates
• FIABSI World Prix d’Excellence Awards 2021 – World Silver Winner

These awards show Prestige Group’s strong dedication to offering the best quality, top designs, and commitment.

Prestige Group Logo and Tagline

The logo of Prestige Group features a large phoenix bird, which stands for strength and loyalty. The tagline below the logo is “Adds Prestige to your life.”

Prestige Group Bangalore

Prestige Group is based in Bangalore, and its head office is also in Bangalore. The company has launched 150 residential projects in the city, covering 127 million sq. ft., with 65 million sq. ft. of completed townships. Some of its top projects in Bangalore include Prestige White Meadows, Prestige Park Grove, Prestige Spencer Heights, The Prestige City, Prestige Glenbrook, Prestige Camden Gardens, Prestige Southern Star, Prestige Greenmoor, Prestige Sunset Park, and Prestige Gardenia Estates.

Prestige Group's Subsidiaries

Prestige Group has expanded into many services over the years under strong leadership. It is the only developer in South India offering such a wide range of projects.

Some of its subsidiaries include

• Falcon Property Management Services
• Spring–Planet Resourcing
• Prestige–The Man Store
• Prestige Projects Pvt. Ltd
• Prestige Golfshire Club
• Twenty-Four Hotels–Prestige Tech Park

Prestige Group is a top choice for homebuyers because it always puts customers first and finishes projects before deadlines. The company employs skilled engineers, architects, and contractors to maintain the highest construction standards. Investing in a Prestige property is considered the best choice as it offers excellent quality and high resale value.