Prestige Group

Prestige Group is currently headed by Irfan Razack, who is the Chairman and the Managing Director of Prestige Group. The company has 56 ongoing projects across residential, commercial, retail, leisure and hospitality segments. It plans to venture 43 projects spanning 85 million sq ft and owns a land bank of over 728 acres. It is the only real estate firm in India with CRISIL DA1+ grading by CRISIL. Prestige Group has a credit rating of ICRA A+.

Latest Announcements of 2025 by Prestige Group:

In May 2025, Prestige Group announced its entry into NCR (National Capital Region) with the launch of a new project, The Prestige City-Indirapuram, in Ghaziabad. This futuristic project is a mix of residential and commercial development and will be developed in 2 Phases.

The project’s first phase - Oakwood and Mulberry, together represent a GDV (Gross Development Value) of over Rs 9,000 crore. The second phase, Mayflower, will have a GDV of Rs 3,000 Crore. The entire development is expected to generate a revenue of Rs 12,000 crore.

In April 2025, Prestige Group announced a series residential launches for the fourth quarter of 2025 with GDV (Gross Development Value) of Rs 16,133.8 CR. These new housing projects will be launched in top cities like Bengaluru, Hyderabad, and Mumbai covering a total developable area of 14.03 million sq ft with around 4,548 units.

About Legacy of Prestige Group:

In its legacy of 38+ years, they have completed 300+ residential projects. There are many properties across various cities in India. They are synonymous with building dreams and better lifestyles. Many buyers choose to invest with them as they never compromise on quality.

There are many ready to occupy projects that are constructed by them and have become a community of more than 50,000 happy families. There are still may ongoing projects in various cities where booking is going with a great demand. There are many upcoming projects by Prestige Group in 2024, which many people expect.

The total net worth of Prestige Group, as of January 2025, can be rounded off to Rs. 800 billion or 80000 Crore Rupees. The current share value of Prestige Group as of Feb 2025 is INR 1,192. The firm has increased its total assets over the years and has expanded its real estate ventures in top cities of India.

Prestige is a leading real estate company in India known for its landmark constructions across top cities of the country.  Their prominent assets include commercial office spaces, leisure & hospitality ventures, apartment complexes, villa communities, hotels, golf courses, and shopping malls.

Prestige Construction is the most successful and the most trusted property brand in India. It is the only CRISIL DA1+ rated real estate company in India. They have successfully led this business for more than 38 years now and have completed close to 350 projects spread over an area of 180 + million sq ft.

Some major cities where Prestige Group is constructing real estate properties include

• Mumbai,
• Kochi,
• Mangalore,
• Bangalore,
• Hyderabad,
• Chennai,
• Calicut and
• Goa.

In all these cities Prestige Group has completed residential projects over 127 mn sq ft. They have built 125 commercial properties over 48 mn sq ft. They have built 13 retail projects over 10 mn sq ft. They have delivered 12 hospitality projects over 4 mn sq ft.

The first project by Prestige Group is Prestige Court, which is at KH Road in Bangalore. Some of the latest projects include

• The Prestige City Hyderabad
• Prestige Raintree Park
• Prestige Somerville
• Prestige Park Grove
• Prestige Evergreen

History of Prestige Group

Razack Sattar started Prestige Group. During the 1960s, his sons Rezwan Razack and Irfan Razack worked with him. Then, his youngest son, Noaman Razzack, joined. They began as a retail business but later started a real estate business. Now, they are one of the leading real estate business developers in India.

Prestige Group Owner

Mr Irfan Razack is the owner of Prestige Group, one of the leading real estate developers in the country. He is the Chairman and also the Managing Director of Prestige Group since its inception in 1986. With his 48 years of experience, he has driven the company to greater heights, and it's now the top realty firm in India. Irfan Razack is also the Co-Founder and Chairman of Inventure Academy, one of the top international schools located in Bangalore.

Prestige Group Awards and Recognition

Prestige Group has received many awards for its best work. It has got a lot of awards for residential projects. Some of the best awards got by them are:

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

About the Prestige Group Logo and Tagline

Prestige Group's logo is a big ‘phoenix bird,' which represents strength and loyalty. The Tagline of Prestige Group is below its logo, which is 'Adds Prestige to your life.’

Prestige Group Bangalore

Prestige Group is based out of Bangalore, and the headquarters is in Bangalore. They have launched 150 residential projects in the city covering 127 mn sq. ft. The completed townships are over 65 mn sq. ft.

Some of the best projects in Bangalore by Prestige Group are

• Prestige White Meadows
• Prestige Spencer Heights
• The Prestige City
• Prestige Park Grove
• Prestige Glenbrook
• Prestige Southern Star
• Prestige Greenmoor
• Prestige Camden Gardens
• Prestige Sunset Park
• Prestige Gardenia Estates

Prestige Real Estate Subsidiaries

Prestige Group has grown into numerous services with capable leaders over time. It is the only developer in South India with a range of projects.

Some of the Prestige Group's subsidiaries are

• 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 has been the chosen real estate builder among many buyers as they always meet customer demands first. They will complete their project before the deadlines. They employ highly skilled professionals, including engineers, architects, and contractors, to ensure that their properties are built to the maximum standards. Investing in a property by Prestige Group is the best option as it will have the best quality with a high resale value.

Frequently Asked Questions (FAQs):

1. What is the price of Prestige apartments in Bangalore?

The price of Prestige Apartments in Bangalore starts from 65 Lakhs and can go up to 5.2 Crores depending on the size of the apartments. A few of the top Prestige apartments in Bangalore, along with their price range, are as follows,

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

Prestige Group is ranked among the top 5 Real Estate companies in India. It is the only company with CRISIL DA1+ ranking in the country. This rating indicates that Prestige is a top-performing company with the highest credit quality and excellent financial health, making it the most trustworthy property firm. It also has a credit rating of ICRA A+.

3. Is Prestige Company a good and trustworthy builder?

Prestige Group is a leading property developer firm in India with a reputation of being the most trustworthy builder, having more than 10,000 happy customers and stakeholders. The company was established in 1986 and has more than 38 years of experience in the property domain. The firm has developed more than 350 projects across top cities in India.

4. Is it good to invest in the Prestige Group project?

Yes, it is an excellent investment option to invest in Prestige Group residential projects. Prestige Group projects are the top-selling properties in India. They are the most popular real estate developers in the country and have a presence in top cities like Bangalore, Chennai, Hyderabad, Pune, and Mumbai.  By investing in a Prestige project, one can be assured of owning a legally safe property with good asset appreciation values.