What is Prestige Group's business focus and history?
Prestige Group, founded in 1986 by Razack Sattar, is a publicly listed real estate developer headquartered in Bengaluru, India. With over 300 completed projects across residential, commercial, and retail segments, the company operates in major cities including Bengaluru, Chennai, Hyderabad, Mumbai, and Delhi-NCR. Prestige Group holds a CRISIL DA1+ rating and an ICRA A+ credit rating, reflecting its strong financial stability and commitment to quality.
Prestige Group Corporate Details & Core Services
Prestige Group is a leading real estate developer in India, known for its diverse portfolio spanning residential, commercial, retail, leisure, and hospitality segments.
Prestige Group Contact Information & Official Links
How much funding has Prestige Group raised to date?
Name
Description
Latest Valuation
(USD)
What are Prestige Group's Core Products?
Name
Description
Residential Developments
Prestige Constructions offers a variety of residential projects, including luxury apartments, villas, and integrated townships across major Indian cities.
Commercial Spaces
The company develops commercial properties such as office spaces, IT parks, and business centers, catering to diverse business needs.
Retail Projects
Prestige Constructions has developed several retail spaces, including shopping malls and retail outlets, providing comprehensive shopping experiences.
Hospitality Ventures
The company has ventured into the hospitality sector, developing hotels and resorts in collaboration with renowned international brands.
What are the latest developments at Prestige Group?
Date
Type
Description
Dec, 2025
news
Prestige Estates' subsidiaries acquire a ₹938.75 crore stake in Bharatnagar Buildcon LLP.
Jun, 2025
news
Prestige Estates plans to launch housing projects worth ₹42,000 crore in FY26.
Nov, 2024
news
Prestige Estates to launch ₹52,000 crore housing projects by March 2025 amid strong demand.
What industry awards and recognitions has Prestige Group received?
Date
Type
Description
, 2025
award
CRISIL Developer Rating reaffirmed at DA1 Plus.
, 2025
award
ET Business Awards presented the Lifetime Achievement Award to Mr. Irfan Razack.
, 2024
award
Indian Green Building Council's Green Champion Award for 'Developer Leading the Green Building Movement in India.'
, 2024
award
National Safety Council of India Safety Awards - 2024: Suraksha Puraskar awards for The Prestige, Mumbai, and Prestige Technostar, Bengaluru.
Prestige Group VS Godrej Properties VS SOBHA Limited VS Casagrand VS Square Yards VS CommonFloor : 2026 Comparison
What are Prestige Group's official legal and registration details?
Name
Description
Legal Name
Prestige Estates Projects Limited
Cin number
L07010KA1997PLC022322
GST number
29AAACP1234A1Z5
Registration number
L07010KA1997PLC022322
Who is in Prestige Group's executive leadership team?
Name
Designation
CEO
Irfan Razack
Joint Managing Director
Rezwan Razack
Whole-time Director
Noaman Razack
Director, Corporate Communications
Uzma Irfan
Independent Director
Jagdeesh Reddy
Independent Director
Pangal Ranganath Nayak
Independent Director
Neelam Chhiber
Executive Director & CEO Residential Segment & Business Development
Swaroop Anish
Executive Director & CEO Hospitality Segment
Suresh Singaravelu
Executive Director & CEO West India
Tariq Ahmed
CEO Retail
Muhammed Ali
CEO Property Management
Javed Shafiq Rao
Chief Financial Officer
Amit Mor
Company Secretary and Compliance Officer
Manoj Krishna J.V
Where are Prestige Group's primary office locations?
City
Country
Bengaluru
India
Chennai
India
Hyderabad
India
Mumbai
India
Kochi
India
Goa
India
Mangalore
India
Calicut
India
Pune
India
Noida
India
Ooty
India
Kolar
India
Delhi-NCR
India
What are the current business signals and market intelligence for Prestige Group?
Spending next 3 months
Launch of 25 new projects covering nearly 45 million sq. ft., Expansion into Mumbai, Pune, and NCR markets, Development of large-scale residential and commercial properties
Pain points
Ensuring timely project delivery, Maintaining high construction quality standards, Navigating regulatory approvals across multiple regions, Meeting diverse customer expectations in various markets
Sales motion
Direct sales through in-house teams, Collaborations with real estate brokers and agents, Digital marketing campaigns targeting potential buyers, Participation in real estate expos and events
Buyer Persona
Affluent individuals and families seeking premium residences, Corporate clients needing expansive office spaces, Retail chains and businesses looking for strategic locations, Real estate investors aiming for high returns
Type of customer
Homebuyers seeking luxury apartments and villas, Corporations requiring office spaces, Retail businesses looking for commercial spaces, Investors interested in real estate opportunities
Key customer domain
Residential real estate, Commercial office spaces, Retail and hospitality sectors
Annual ACV
Residential units ranging from ₹1 crore to ₹15 crore, Commercial spaces varying based on size and location, Retail spaces priced according to market demand
What is Prestige Group's annual revenue history?
Year
Revenue (USD)
2022
1.2 Billion
2021
1.1 Billion
2020
1 Billion
What are Prestige Group's risk management and compliance ratings?
GDPR RIsk
No
Privacy Risk
No
Company Ratings
Glassdoor Rating
What are Prestige Group's business model and service classifications?
