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Prestige Group


Prestige Group


Prestige Estates Projects Limited is a renowned Property Developer, established in 1986.  They have reshaped the skyline across the Residential, Retail, Commercial, Leisure and Hospitality sectors in South India. The developer has left a lasting impression on all asset classes during the past 10 years, solidifying its position as one of India's top and most prosperous real estate developers. These days, many associate innovations with the Prestige Group. In South India, the firm has brought numerous firsts and pioneered numerous significant innovations.

Prestige Suncrest is the newest addition to the group’s portfolio. It is developing in the prime surroundings of Electronic City and offers carefully designed 1, 2, and 3 BHK apartments. The project is scattered over 6 acres of land.

Prestige Group's loyalty has won it the title of greatest Builder in India. They continue to inspire the real estate industry with their established track record, devotion to excellence, and forward- thinking. Its projects are the best option for individuals seeking the ideal urban living experience.


With a total developable area of 86 million square feet, the Group has completed over 300 projects covering more than 180 million square feet. Currently, 56 projects across various sectors are underway. It also has a land bank of more than 728 acres as of September 23 and is preparing 43 projects totalling 85 million square feet. The company has been awarded and graded CRISIL DA1+ by CRISIL and enjoys a credit rating of ICRA A+.

History


Prestige Group History

  • Razack Sattar founded Prestige Group in 1986.
  • His sons Irfan and Rezwan Razack assisted him in the late 1980s and 1990s, and as the company expanded, his youngest son, Noaman Razzack, also joined.
  • It started as a retail company before transitioning to real estate with its first project, Prestige Court on Bangalore's KH Road.
  • Now, Prestige is the sole real estate developer in Bangalore to receive the esteemed FIABCI Award for both software and residential facilities. The firm is also an ISO 9001:2000 certified company.

Prestige Group Awards


Prestige Group Awards

Prestige Group has won many awards and accolades that reflect the builder’s commitment and quality of work. The company is recognized for its customer-centric approach and takes pride in crafting architectural marvels with carefully designed living spaces and top-notch amenities.

2023

  • International Hospitality Council London (IHC)

Irfan Razack - IHC London & IIHM Lifetime Achievement Award 2023

  • Retail & Shopping Centre

Forum Falcon City - Most Admiring Shopping Centre Launch of the Year

  • Retail & Shopping Centre

Forum Thomsun Mall - Upcoming Mall of the Year

  • Retail & Shopping Centre Congress & Awards

UB City - Best Thematic Decoration

2022

  • SAP Ace Awards 2022 - Indus

Prestige Group - Best Customer Experience Transformation

  • CWAB 2022

Prestige Estates Projects Limited - India's Top Builders

  • The Best of Bharat Awards 2022

Prestige Estates Projects Limited - e4m Pride of India Brands

  • BT Mindrush

Mr Irfan Razack - Best CEO in Real Estate

  • ICI Birla Super Award

Prestige Song of The South - Outstanding Concrete Structure of Karnataka Building category (Res) 2021

In addition, they were the first property developer in all of India to be granted the Crisil DA1 Developer Rating, which is a testament to their work calibre and capacity for timely project completion.

Prestige Group Owner


Prestige Group Owner

Irfan Razack, born October 30, 1953, is a Bangalore-born Indian billionaire entrepreneur. He is the Managing Director and Chairman of Prestige Group, one of India's most reputable real estate developers. With a wealth of $1.23 billion, he ranked 77th among Indians on the 2014 Forbes India Rich List. Prestige was the country's second-largest listed real estate company.

For his business excellence, he has won numerous awards, including

  • The Confederation of Real Estate Builders Association of India's Entrepreneur Extraordinary Award (2010)
  • The Builders Association of India's Real Estate Excellence Award (2008)
  • The Karnataka State Town Planning Development's Best Developer Award (2009).

In addition, he serves as Chairman and Co-Founder of Bangalore's Inventure Academy. He was Chairman of CREDAI, President of Bangalore Commercial Association (BCA), and Honorary Secretary of Al-Ameen Educational Society.

Prestige group subsidiaries


Prestige Group Subsidiaries

Over time, the business has expanded into a variety of related and unrelated services, all of which are led by capable professionals. The services offered by Prestige Fashions (P) Ltd. redefine elegance and suaveness in men's formal wear, and Morph Design Company (MDC) is just as diverse as its interior design work. Additionally, it is the only developer in South India that can take pride in having a portfolio as diversified as its own, encompassing the retail, residential, commercial, leisure, and hotel sectors.

Subsidiaries of Prestige Group

  • Prestige Interiors
  • Prestige Property Management and Services
  • Prestige – The Man Store
  • Inventure Academy
  • Spring – Planet resourcing
  • Twenty-four hotels- Prestige Tech Park
  • Angsana – Hotels and resorts around the globe
  • Prestige Golfshire club – Experience Troon Golf

Prestige Group Logo


Prestige Group Logo

Prestige Group uses the Phoenix bird as its logo. The fabled golden bird, the phoenix, is connected to rebirth and restoration. Born out of the knowledge and experience of hard times and trying situations, the phoenix rises from the ashes of its past life to symbolize hope, life, and greater things to come.

Prestige Group Bangalore


Prestige Group Bangalore

Prestige Group is renowned for starting memorable projects in prime areas in energetic cities such as Bangalore. It is one of the fastest-growing cities in India, and people may live luxurious lifestyles there. The city offers a level of social and physical infrastructure unmatched by any other Indian city. Prestige Group has created opulent residential complexes in the city that provide abundant living. The project uses premium materials and provides top-notch amenities and world-class specs. Therefore, the Prestige Group's residential projects are the most sought-after ones in Bangalore.

They have finished over 184 projects, totalling more than 60.74 million square feet of created space. In addition, Prestige has 43 forthcoming projects totalling 44.11 million sq. ft. and 57 active projects totalling about 59.24 million sq. ft. These projects are scattered across all asset classes and include corporate structures, shopping malls, and apartment enclaves.

The Prestige Group's most notable projects in Bangalore are

  • Prestige Raintree Park
  • Prestige Camden Gardens
  • Prestige Somerville
  • Prestige Southern Star
  • Prestige Park Ridge
  • Prestige Sunset Park
  • Prestige Kings County
  • Prestige Park Grove
  • Prestige Glenbrook
  • Prestige White Meadows
  • Prestige Suncrest

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