Prestige Group

Prestige Group was founded in 1986 by the well-known Razack Sattar in Bangalore. Before real estate, the family ran a successful retail business. Their first big real estate project was Prestige Court in Bangalore.

Over the years, the company grew into residential, commercial, retail, and hospitality sectors. Today, Irfan Razack and his brothers lead the firm. It has completed over 300 projects and is one of South India's most trusted builders.

The Razack family owns and manages the company.

• Irfan Razack – Chairman & Managing Director
• Rezwan Razack – Joint Managing Director
• Naoman Razack – Vice Chairman

They oversee all major real estate projects and have built Prestige into one of the most respected builders in India.

Prestige Group's net worth is seen through its listed company, Prestige Estates Projects Ltd. In early 2026, its market value is about Rs. 74,000 Crore (nearly $9 Billion USD). The company had strong sales of Rs. 6,017 Crore in Q2 FY26, expected to beat last year's total in just six months. Growth comes from new projects in big markets and expansion into NCR and Mumbai. The founders hold nearly $6 billion USD, making Prestige one of India's most valuable builders.

• Strong FY26 Performance: Prestige grew well in the first half of FY26 with big launches in Mumbai, Goa, and NCR. It plans an IPO for its hospitality arm and is buying more land.
• Major Project Launches: Phase 2 of the top project, The Prestige City in Indirapuram, has just been launched. It has 620 homes. Is worth Rs. 2,200 Crore. The first phase of The Prestige City has already been sold for ₹8,000 crore.
• The company is planning projects worth ₹2,000 crore in Mira Road. They also have projects planned in Thane and Navi Mumbai.
• Expansion in Major Cities: Prestige is growing in NCR with new projects in Gurgaon, Delhi, and Noida by 2026. It bought 4.57 acres in Pune for Rs. 200 crore. In Bangalore, Hyderabad, Chennai, and Mumbai, it acquired 102 acres in Q1 FY26, which can earn Rs. 20,000 crore.
• New Premium Projects: Prestige is launching new luxury mixed-use developments in big cities.
• Financial Growth and IPO Plans: The Group aims for 59% growth in sales bookings to Rs. 27,000 crore for FY26. Its hospitality division filed for a Rs. 2,700 crore IPO. The Ghaziabad township may earn Rs. 12,000 crore.

Prestige Group is one of India's most reliable real estate brands, delivering quality projects for 38 years. It has worked on housing, commercial, and hospitality projects, with over 300 projects in its portfolio.

More than 50,000 happy families live in its ready-to-move properties. It has many ongoing and upcoming projects, including launches planned for 2026.

Prestige's portfolio includes:

• Residential and Villa communities
• Commercial offices, Shopping malls, hospitality projects
• Leisure Spaces and Golf Courses

The company has worked on nearly 350 projects covering over 180 million sq. ft. Its developments span Bangalore, Hyderabad, Chennai, Kochi, Mumbai, Mangalore, Calicut, and Goa.

Area Breakdown:

• 127 million sq. ft. residential projects
• 48 million sq. ft. of commercial spaces
• 10 million sq. ft. retail developments
• 4 million sq. ft. hospitality projects

Some popular recent projects include Prestige Springs Valley, Prestige City Bidadi, Prestige Pine Forest, Prestige Evergreen, and others.

Prestige Group has received many awards for its real estate work:

• IHC London and IIHM Lifetime Award
• Admiring Shopping Centre Launch – The project is Forum Falcon City Mall
• Upcoming Mall of the Year – The Forum Thomson Mall (2023)
• SAP Ace Awards 2022
• CWAB 2022 – India's Top Builders Award

These awards show the builder's hard work, commitment, and strong market value.

Prestige's logo has a large phoenix, symbolizing strength and loyalty. The tagline is: "Adds Prestige to your life."

Prestige Group's head office is in Bangalore, where it launched 150 residential projects covering 127 million sq. ft. It has completed 65 million sq. ft. of townships in the city.

Notable Bangalore projects:

• Prestige Park Grove
• Prestige Spencer Heights
• The Prestige City
• Prestige Rosewood
• Prestige Southern Star
• Prestige Gardenia Estates

Prestige Group works in many areas, making it one of the most varied builders in South India. Its subsidiary companies 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 stands out because it puts customers first and ensures top construction quality. It also finishes projects before the deadline.

For buyers, buying a Prestige property is smart. Prestige properties keep their value over many years and can be resold at a good price. They are also reliable in the long run.