Prestige Group
Prestige Group is one of the top real estate companies in India. It started in 1986 in Bangalore, Karnataka. Since then, it has grown and now works in more than ten major cities. The group has completed 300+ projects covering around 193 million square feet. It also has 63 projects under construction, covering about 115 million sq. ft., and 67 new projects planned with 88 million sq. ft. of area. Prestige builds apartments, villas, malls, offices, hotels, and large townships. The brand is well known for good construction quality, modern design, and on-time delivery.
- 39 Years of Legacy in real estate development
- Presence in 13 Cities across India
- CRISIL DA1+ “Excellent” Developer Grading
- ICRA A+ “Stable” Credit Rating
Prestige Group was founded by Mr. Razack Sattar in 1986. Today, the company is run by his sons. Mr. Irfan Razack is the Chairman and Managing Director, Mr. Rezwan Razack is the Vice Chairman, and Mr. Noaman Razack is the Joint Managing Director. These leaders have helped the company grow into a big name in Indian real estate.
- Irfan Razack – Chairman and Managing Director
- Rezwan Razack – Vice Chairman
- Noaman Razack – Joint Managing Director
Under their leadership, the group follows strong values and a clear plan for growth. The CEO of Prestige Group, Irfan Razack, has an estimated annual salary of ₹25 crore, which is roughly $3 million. Buyers, investors, and partners trust the company because of its good business ethics and strong leadership.
Prestige Group employs over 8,300 people across different departments. It offers jobs in project planning, architecture, sales, marketing, finance, accounts, and operations. Both freshers and experienced people can find good career opportunities. Prestige Group gives proper training, career growth, and a healthy work environment. The company also offers good salaries, health insurance, and bonuses. People who enjoy teamwork and want to work with a professional company find Prestige a great place to build their careers.
Prestige Group employs over 8,300 professionals across India. It offers roles in:
- Project planning and management
- Architecture and design
- Sales and marketing
- Finance and accounts
- Human resources
- Operations and maintenance
Bangalore is the home base of Prestige Group and remains its most important market. The company has built some landmark projects in the city. Prestige Shantiniketan in Whitefield is a 105-acre township that includes homes, offices, shops, and hotels. UB City in the centre of Bangalore is a famous luxury mall and commercial space. Prestige Golfshire near Nandi Hills offers villas next to a golf course. The Forum malls by Prestige are popular in various areas of Bangalore. The company has also built premium homes in places like Koramangala, Indira Nagar, and Marathahalli. Prestige has deep knowledge of the city, which helps it choose the right locations for its projects.
- Raised ₹5,000 crore via Qualified Institutional Placement (QIP) in August 2024
- Mumbai sales surpassed Bengaluru in Q4 FY 25 with Prestige Nautilus (₹2,400 crore in 1 month)
- CRISIL DA1+ grading successfully renewed
- DRHP filed for Prestige Hospitality Ventures Ltd. (SEBI, April 24, 2025)
Prestige Estates Projects Limited, which is listed on the stock exchange, has a strong financial base. As of March 2025, the company’s total assets are about INR 58,795 crore. Its market value, or market capitalisation, is around INR 63,214 crore. These figures show that Prestige Group is financially stable & trusted by investors. This also means the company has enough money to complete large projects and buy new land for development.
As of 31 March 2025:
- Total assets stand at ₹58,795 crore
- Market capitalisation is around ₹63,214 crore
The Prestige Group logo is simple but powerful and has the word "PRESTIGE" written in bold capital letters. Above the name, there is a golden 3D triangle-like shape. The gold colour shows the group’s focus on quality, trust, and luxury. This logo is used on all their project boards, marketing materials, and offices. People can easily recognise the Prestige brand by its logo.
In the last quarter of the financial year 2024–25, Prestige Group performed very well. The total sales value was ₹69,574 million, which is 48% higher than the previous year. Out of this, ₹68,022 million was from Prestige's share. The total collection for the quarter was ₹31,551 million. The area sold was 4.49 million square feet, and Prestige’s share was 4.34 million square feet. A total of 2,301 units were sold during the quarter. The average price per square foot was ₹15,524, showing a 35% increase from last year. Prestige now has 302 completed projects, 63 ongoing projects, and 67 projects planned across India.
Ongoing projects are real estate developments where construction has already started. These sites have visible work in progress—foundations laid, structures rising, or finishing touches underway.
- Prestige White Meadows - Clover Leaf
- Prestige Primrose Hills - Phase 2
- Aspen Greens @ TPC
- Avalon Park @ TPC
- Eden Park @ TPC
- Meridian Park Phase I @ TPC
- Meridian Park Phase II @ TPC
- Meridian Park Phase III @ TPC
- Prestige Green Gables
- Prestige Sanctuary
- Prestige King's County
- Aston Park @ TPC
- Prestige Elm Park
- Prestige Dew Drops
- Prestige Lavender Fields
- Prestige Park Grove - Apartments
- Prestige Park Grove - Villas
- Prestige Serenity Shores
- Prestige Glenbrook
- Prestige Somerville
- Prestige Camden Gardens
- Prestige Raintree Park
- Prestige Pine Forest
- Prestige Suncrest
- Upcoming Projects
- Prestige Clairemont
- Prestige Vaishnaoi Rainbow Waters
- The Prestige City @ Hyderabad – Villa
- The Prestige City @ Hyderabad – Apartment
- Prestige Spring Heights
- Prestige Beverly Hills
- Prestige Jasdan Classic
- Siesta @ TPC Mulund
- Bellanza Phase I @ TPC Mulund
- Prestige Daffodils
- Bellanza Phase II @ TPC Mulund
- Prestige Ocean Towers
- Prestige Forest Hills Mulund Phase I
- Prestige Nautilus
| Metric | FY21 | FY22 | FY23 | FY24 | FY25 | CAGR |
| Sales (₹ million) | 54,608 | 103,822 | 129,309 | 210,403 | 170,231 | 26% |
| Average Realization | ₹ 6,689/sq ft | ₹ 7,515/sq ft | ₹ 8,812/sq ft | ₹ 10,410/sq ft | ₹ 14,113/sq ft | 16% |
| Unit Sales (units) | 4,893 | 8,883 | 9,644 | 10,068 | 5,919 | 4% |
| Collections (₹ million) | 50,752 | 74,664 | 98,055 | 119,544 | 120,840 | 19% |
| Cumulative Completions | 90 mn sq ft | 103 mn sq ft | 166 mn sq ft | 190 mn sq ft | 193 mn sq ft | 16% |
| Launches (mn sq ft) | 12 | 17 | 26 | 40 | 26 | 17% |