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Prestige Group Reviews

Bengaluru, Karnataka

4.5/ 5

2 reviews

Prestige Group, officially listed as Prestige Estates Projects Limited, is one of India's leading and most successful real estate developers. Founded in Bengaluru in 1986 by Razack Sattar, the company has evolved from its retail business roots into a diversified real estate powerhouse. Under the leadership of Chairman and Managing Director Irfan Razack, alongside his brothers Rezwan Razack (Joint Managing Director) and Noaman Razack (Whole-time Director), the group has established a prominent national footprint across major urban growth markets in India. The core operations of Prestige Group span multiple real estate asset classes, including residential, commercial, retail, and hospitality segments. In the residential vertical, the developer delivers mid-segment housing, luxury villas, apartments, and large integrated townships, famously introducing Bengaluru’s first integrated township, Prestige Shantiniketan. The commercial segment features business parks, high-tech offices, and mixed-use complexes, recording significant office leasing activity in major business hubs. Within retail, the company pioneered landmark shopping destinations under the Forum mall brand. The group's hospitality portfolio includes luxury hotels, golf courses, and leisure resorts developed in partnership with leading global hospitality brands. Prestige Group has executed a vast development pipeline, completing over 313 projects covering 206 million square feet as of late 2025. It maintains an expansive active footprint with 128 projects spanning 195 million square feet in its development pipeline across 13 major Indian cities, including Bengaluru, Hyderabad, Chennai, Kochi, Mumbai, Goa, and Delhi-NCR. Bengaluru remains its primary operational hub and headquarters, operating out of the landmark Prestige Falcon Tower on Brunton Road. The group is also rapidly scaling its operations in high-growth corridors like Hyderabad and Mumbai's Bandra-Kurla Complex. Financially, Prestige Estates Projects Limited is a publicly listed entity trading on both the National Stock Exchange (NSE) under the ticker PRESTIGE and the Bombay Stock Exchange (BSE) under the code 533274, having entered the capital markets with an IPO in October 2010. The company exhibits a robust financial position, achieving its highest-ever annual sales of INR 30,024.5 crore in the fiscal year ending March 31, 2026, driven by the sale of 11,692 units across 22.28 million square feet. Backed by solid market capitalization and credit ratings such as CRISIL DA1+ and ICRA A+, Prestige Group continues to leverage its brand authority through strategic expansions, technological collaborations with industry partners like Autodesk, and a diversified asset portfolio catering to institutional clients and modern homebuyers alike.