Prestige Group

Prestige Group is a Bengaluru based real estate builder founded in 1986. Razack Sattar started the business. His sons Irfan, Rezwan, and Noaman Razack later took it into full scale development. Over four decades, the group grew fast. It moved from a small retail venture into one of South India's largest listed developers. Its work now spans homes, offices, malls, hotels, and large townships across many cities.

The listed arm behind the group is Prestige Estates Projects Limited. It trades on both the NSE and the BSE under the ticker PRESTIGE. Prestige Group stays active in South Bangalore too. Prestige Park Ridge on Bannerghatta Road forms part of this current pipeline. Before you book with any builder, a clear company check matters. It shows who stands behind a project and how the group performs today.

Prestige Group Key Facts 2026

Prestige Estates Projects Limited files updates with the stock exchanges each quarter. These filings cover sales, new launches, and project handovers. You do not need to trust only brochures or sales talk to judge the group.

Prestige Group History

Prestige Group started small in Bengaluru. Razack Sattar first ran a retail business under the family name. He moved into real estate in 1986, building the first project on KH Road. His three sons, Irfan, Rezwan, and Noaman, joined the business soon after and helped it expand fast. The group moved from a local Bengaluru builder into a developer with a national footprint. It later entered Hyderabad, Mumbai, Chennai, Kochi, and the Delhi NCR market. Bengaluru still remains its main base today.

The company went public in 2010. This step opened access to public money. It also brought stricter reporting rules. Since then, the group has shared quarterly results and sales updates in the open. Any buyer can check these numbers directly.

Who Owns and Leads Prestige Group?

Irfan Razack serves as Chairman and Managing Director of Prestige Group. He holds the top leadership role at the company today. His brother Rezwan Razack works as Joint Managing Director. Their brother Noaman Razack sits on the board as a director. The three brothers have run this business together for decades. This gives the group a steady top team, which many newer builders still lack. Irfan Razack also acts as the public face of the group. He leads most investor calls and major project launches.

Prestige Group Business Segments

Prestige Group works across many property types, not just apartments. Its main lines cover housing, office space, retail malls, and hotels. Property management services add a fifth line to this list. This spread gives the group more than one steady income source. A slow patch in one segment rarely hurts the full business.

The group's office arm leases out large amounts of space every quarter. Its malls draw strong crowds and post healthy sales numbers too. The hotel arm runs branded hotels across a few big cities. In all, these units add steady income beyond the core housing business.

Prestige Group Projects in South Bangalore

South Bangalore remains an important growth belt for the group. Current and recent projects here include the following.

• Prestige Park Ridge spans 26.2 acres on Bannerghatta Road, with 1,119 homes across 12 towers.
• Prestige Falcon City covers 41 acres and around 2,520 homes on Kanakapura Road.
• Prestige Park Grove spans 71.41 acres with close to 3,713 homes in Whitefield.
• Prestige Raintree Park runs across 21 acres with about 1,520 homes in Whitefield.

These numbers show the real size and spread of the group's work in the city. They say more than a plain claim of being large. Prestige Park Ridge sits close to the Electronic City IT corridor and the Kalena Agrahara Metro Station. This fits the group's usual pattern of picking growth corridors early.

Prestige Group Performance in 2026

Prestige Estates posted pre sales of around ₹6,579 crore in the April to June quarter of FY27. Collections during the same period stood near ₹4,802 crore. Sales bookings fell compared to the same quarter last year. The group linked this drop to a lighter launch calendar in that window. The company also opened three new housing projects in the same quarter. In all, these projects carry a sales value close to ₹12,000 crore.

These numbers do not promise that every future project will launch or hand over on time. They do show the current scale at which Prestige builds, sells, and delivers homes across its active cities.

Prestige Group and Prestige Park Ridge

Prestige Park Ridge forms part of the group's active South Bangalore pipeline. The project sits on Bannerghatta Road, close to the Electronic City IT belt and Kalena Agrahara Metro Station. It spans 26.2 acres and plans 1,119 homes across 12 high rise towers. A 50,000 sq ft clubhouse and over 80 percent open space sit on the same layout. Buyers can pick from 1, 2, and 3 BHK homes, ranging from 650 to 3,750 sq ft. Pre launch prices start from ₹85 lakhs for the smallest units.

The wider builder profile still matters here. Prestige Group's four decade Bengaluru record and CRISIL DA1+ rating give buyers a strong starting point. Its public filings add another layer of proof beyond sales talk on site. You should still check the exact RERA status for before any booking. Floor plans and payment terms need a close look too.

Top Builders in Bangalore

Buyers often compare Prestige Group with other major city builders. Scale, listing status, and project spread usually drive this comparison.

Each builder carries its own track record and price band. A side by side check helps you judge value before you book.

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