Prestige Group

The Prestige Group is a prominent and famous real estate builder in Bangalore. It was founded by Razack Sattar in 1986 in Bangalore. Today, the company has delivered more than 350 projects across India in residential, commercial and retail segments. The group now operates in 9 states and 13 major cities, including Bangalore, Hyderabad, Chennai, Mumbai, Pune, Kochi, Goa and NCR. Prestige also has 35 new residential projects planned across India, covering nearly 46 million sq. ft. of upcoming development.

As of 2025–26, Prestige Estates Projects Ltd holds CRISIL’s highest developer grade, DA1+. This rating shows strong execution capability, financial stability and transparent documentation. The rating was reaffirmed again in 2025, making Prestige the only real estate company in India to hold DA1+. This proves Prestige delivers projects on time and maintains clear titles and strong financial health, supported by 72 million sq. ft. of ongoing development and a solid pipeline of new launches.

Prestige Estates Projects Ltd, the flagship company of the group and known in the market as Prestige Constructions, has created one of the largest real estate portfolios in India. It includes residential apartments, office parks, malls, hotels and hospitality assets. The group also manages IT parks, business centres and lifestyle malls across major South Indian cities.

Prestige Constructions, one of the most famous builders in Bangalore, has completed over 350 projects across India. The portfolio includes landmark projects such as The group is well known for residential apartments, commercial developments, malls and hotels, and it is now expanding strongly in Mumbai MMR, Pune and NCR, driven by demand for premium and large-scale projects.

Below is the list of the entire portfolio of the Prestige estates, including the residential, commercial others.

Prestige Residential Projects in India 2025 -26:

• 152 completed housing projects covering about 130 million sq ft
• 56 ongoing projects spread across 72 million sq ft
• 32 new launches planned in 2025, adding nearly 69 million sq ft

Prestige Commercial Spaces – Offices & Business Parks 2025 -26 :

• 125 completed commercial projects totalling 49 million sq ft
• 12 projects under development, covering 23 million sq ft
• 7 upcoming office spaces with a total area of 8 million sq ft

Prestige Retail Malls & Shopping Destinations 2025 -26:

• 13 completed malls and retail spaces spread over 10 million sq ft
• 1 retail project under construction of 1 million sq ft
• 12 new retail projects coming up in 2025–26, covering 13 million sq ft

Prestige Hotels & Hospitality 2025-26:

• 12 completed hotel projects covering 4 million sq ft
• 3 hospitality projects ongoing, with 3 million sq ft
• 11 upcoming hotels and resorts, together spanning 4 million sq ft Prestige Evergreen Whitefield – East Bengaluru, the most-awaited

Upcoming Project by Prestige Group 2025:

Prestige Evergreen is the latest upcoming residential apartment project in Whitefield, East Bangalore, by Prestige Group, and is scheduled for launch in October 2025. Located on Whitefield Varthur Road, the project is planned as the second phase of Prestige Raintree Park. Spread across 28 acres, featuring 2000 premium apartments with 1 BHK, 2 BHK, and 3 BHK homes designed for modern families.

As part of Prestige Constructions' upcoming project, Bangalore East, it integrates modern technology platforms, lifestyle amenities, and retail spaces. The official launch is set for October 2025, making it one of the most-awaited Prestige upcoming projects in East Bangalore.

Prestige Group in the Headlines – Latest Prestige Estates News 2025:

• On November 27, 2025, Irfan Razack said the real estate market is still holding strong and pointed out that there’s a clear need for more new inventory because demand is running ahead of supply.
• On November 20, 2025, Prestige Group mentioned that it plans to invest ₹10,000 crore in West India to push out new residential and mixed-use projects across major cities.
• On November 18, 2025, Prestige Estates shared that it is looking at a capex of up to ₹10,000 crore to expand its presence in West India, mainly across markets like Mumbai and Pune.
• On November 12, 2025, Prestige Estates posted its Q2 results, reporting profit at ₹430 crore after margins improved and sales from ongoing projects stayed strong.
• On November 4, 2025, Prestige Group said it will plant one million trees in Bengaluru as part of its long-term CSR effort to help rebuild the city’s green cover.
• On the same day, the group also repeated its one-million-tree commitment for Bengaluru, saying the project is one of its key environmental goals.
• On October 24, 2025, Prestige Group adopted two tiger cubs at Bannerghatta Biological Park, showing support for wildlife protection and conservation programs.
• On October 24, 2025, the group also supported a CSR effort to adopt a tiger at Bannerghatta Biological Park to contribute to biodiversity work.
• On October 23, 2025, Prestige Group said it is working on a new premium mixed-use project brand that will expand its luxury development portfolio.
• Later in 2025, Prestige Group confirmed that it will expand into Delhi NCR with new projects planned for launch in 2026.

Prestige Group Bangalore:

Prestige Group, also known as Prestige Constructions, led by Irfan Razack, is today the top name in Bangalore real estate. For more than 30 years, the company has shaped the city with its apartments, villas, office towers, shopping malls, and hotels. Its head office is located at Prestige Falcon Tower, No. 19, Brunton Road, Bengaluru, Karnataka 560025.

Buyers in Bangalore trust Prestige for its quality homes, transparent dealings, and timely delivery. On many platforms, the group has an average rating of 4.5 out of 5. For enquiries, bookings, or career opportunities, you can contact Prestige Group Bangalore at +91 80- 25591080.

Here is the list of the officially announced Upcoming residential Projects of the Prestige group in Bangalore for 2025 - 2026:

Prestige Estates has a very large pipeline of 18 new projects in Bangalore, spread across 22.71 million sq ft. These include high-rise apartments, villa townships, and plotted developments across all major growth corridors of the city.

List of upcoming residential project In bangalore by Prestige Group of constructions for 2025 - 26 are:

• Prestige Southern Star Ph II
• Prestige Falcon City Luxe
• Eaton Park @ TPC
• Prestige Falcon City
• Evergreen @ Prestige Raintree Park
• Prestige Avon
• Prestige Forest Edge
• Prestige Marigold Ph II
• Prestige Greenbrook
• Prestige Autumn Leaves
• Prestige Oakville
• Prestige Windgates
• Prestige Gardenia Estates Ph II
• Prestige Crystal Lawns
• Prestige Park Ridge
• Prestige Greenwood
• Prestige Park Street
• Prestige Grove Hills
• Prestige Raintree Park
• Prestige Kings County
• Prestige Somerville
• Prestige Camden Gardens
• Prestige Glenbrook

Growth and Net Worth

The total net worth of Prestige Group, as of November 2025, is approximately ₹70,510.54 Crore ($8.47 billion). The current share value is approximately ₹1,637. Along with a market value of over ₹70,000 crore in late 2025, Prestige now leads India’s listed realty players in H1 FY26 pre-sales. It clocked around ₹18,144 crore of bookings in the first half of the year, which is the highest among 28 major listed developers. This performance shows that homebuyers and investors are steadily moving towards large, branded builders with a track record like Prestige.

Prestige Group Mumbai

Prestige Group Mumbai, with its office in Bandra East, has already delivered around five major projects in the city. Notable ones include Prestige Jasdan Classic (Byculla), The Prestige City Mulund (Bellanza Towers), Prestige Daffodils (Bandra West), and Prestige Nautilus (Worli).

Officially Announced Prestige Upcoming Projects in Mumbai (2025–26): Prestige has confirmed 3 new launches in the Mumbai market, together spanning 1.63 million sq ft.

List of Upcoming Projects by Prestige in Mumbai 2025 - 26 is:

• Prestige Forest Hills, Mulund – Phase II
• Prestige Horizon Heights
• Residential @ The Prestige Place

Prestige Group Hyderabad

Prestige Group Hyderabad, part of Prestige Constructions, is one of the top real estate developers in Telangana. The company handles residential, commercial, retail, and hospitality projects across the city.

In Hyderabad, the Prestige City townships are planned along the fast- developing Gachibowli–Miyapur and western corridor. This belt is driven by IT parks, financial campuses and a young working population, which creates strong demand for both end-use housing and rental homes. Because of this, Hyderabad is now one of Prestige’s key growth markets after Bengaluru and Mumbai.

Prestige Group Hyderabad Address:

• Prestige Estates Projects Ltd.
• 5th Floor, SLN Terminus
• Survey No. 133, Gachibowli–Miyapur Road
• Gachibowli, Hyderabad – 500032, Telangana, India

Official Prestige Upcoming Projects in Hyderabad (2025–26):

Prestige has 2 upcoming projects in Hyderabad, together covering 13.42 million sq ft under TSRERA approval for 2025 and 2026 are:

• The Prestige City @ Hyderabad – Apartments
• The Prestige City @ Hyderabad – Villas

Record-Breaking Sales Performance of the Prestige constructions in 2025 are:

Based on the screenshot from the Prestige Investor Presentation for Q1 FY26, the company's operational highlights include a record-breaking performance with total sales of ₹1,21,264 million, a 300% year-on-year increase, and collections of ₹45,227 million. They sold a total area of 9.55 million square feet and 4,718 units, with average realisation rates of ₹13,339 per square foot for apartments and villas, and ₹7,343 per square foot for plots.

Prestige Group – Board of Directors as of 2025:

• Irfan Razack – Chairman & Managing Director
• Rezwan Razack – Executive Director
• Noaman Razack – Executive Director
• Uzma Irfan – Executive Director
• Neelam Chhiber – Independent Director
• S. N. Nagendra – Independent Director
• Dr. Ravindra Munishwar Mehta – Independent Director
• T. Srikanth Bhagavat – Additional Independent Director

Prestige Group Real Estate Expansion | Prime Land Acquisitions Across South India for 2025 and 2026:

These 825 acres are spread across high-growth zones such as Devanahalli, Whitefield, Sarjapur Road, Bannerghatta Road and KR Puram in Bengaluru, along with Tellapur in Hyderabad, Lonavala near Mumbai and warehousing-focused locations like Dobaspete and Kodagurki. This land bank will support Prestige’s next wave of townships, villa communities, plotted layouts, retail hubs and logistics parks planned between 2025 and 2030.

Prestige Estates Owner and Family :

The Prestige Group Owner, Mr Irfan Razack, has been instrumental in the company’s success. He is the son of the founder, Mr Razack Sattar. Irfan Razack, along with his brothers, Mr Rezwan Razack and Mr Noaman Razack, manages the company.

Prestige Group Logo

The Prestige Group logo is a symbol of luxury and trust. It features a sleek design with the word "Prestige" in bold letters. It reflects the group's commitment to quality and excellence in real estate.

Prestige Group Awards

Along with over 160–260 project and brand awards since 2007, Prestige’s DA1+ grading from CRISIL, reaffirmed in 2025, stands out as a key trust marker. No other Indian developer currently holds this level of rating. Recent honours such as the ET Business Lifetime Achievement Award for Chairman Irfan Razack further show how the brand is recognised by both the industry and financial markets. For buyers, this means lower risk and higher confidence while booking a home with Prestige.

• IHC London & IIHM Lifetime Achievement Award
• Award for Admiring Shopping Centre Launch – Forum Falcon City
• Upcoming Mall of the Year – Forum Thomson Mall
• SAP ACE Awards 2022 – Excellence in Enterprise Implementation
• CWAB Awards 2022 – India’s Top Builders to Prestige Estates
• The Best of Bharat Awards 2022 – National Recognition for Excellence
• BT Mindrush – Best CEO in Real Estate (Irfan Razack)

Prestige Group Faqs

1. Who owns Prestige Group?

Prestige Group is owned by the Razack family. The company was founded by Razack Sattar in 1986 and is now led by his sons — Irfan Razack (Chairman & MD), Rezwan Razack (Joint MD), and Noaman Razack (Whole-time Director).

2. Who is the CEO of Prestige Group?

Prestige Group is headed by Irfan Razack, who serves as the Chairman & Managing Director. In most industry references, he is regarded as the functional CEO of the group.

3. What does Prestige Group do?

Prestige Group is one of India’s top real estate developers with a portfolio covering residential homes, villas, commercial offices, malls, hotels and data centres. As of FY2025, the brand has completed 300+ projects across India with a strong pipeline of ongoing and upcoming developments.

4. Is Prestige Group real or fake?

Prestige Group is a real, publicly listed real estate company (NSE: PRESTIGE, BSE: 533274). With a 38+ year track record and projects delivered across multiple cities, it is considered one of the most credible builders in India.

5. Is Prestige owned by Vijay Mallya?

No. Vijay Mallya has no ownership in Prestige Group. The company has always been owned and run by the Razack family.

6. Where is Prestige Group headquartered?

Prestige Group’s head office is located at Prestige Falcon Tower, No. 19, Brunton Road, Bengaluru – 560025, Karnataka, India.

7. How many projects does Prestige Group have?

As of 2025, Prestige has completed 300+ projects, with 56 ongoing developments and upcoming projects planned across major cities in India.