Prestige Group

Prestige Group is one of India’s most famous real estate developers, founded by Razack Sattar in 1986, and headquartered in Bengaluru. With over 39 years of legacy, the Prestige Group of companies has shaped the skyline across the residential, retail, leisure, hospitality, and commercial sectors in India. The firm is based in Bangalore and currently operates in 13 cities across the country, with its head office / Bangalore corporate address at Falcon House, No. 1, Main Guard Cross Road, Bengaluru – 560001, Karnataka.

Irfan Razack is the Prestige Group CEO and also the Chairman & MD of Prestige Estates Projects Ltd. The Prestige Group owner family traces back to the late Razack Sattar, and the business is now led by his sons – Irfan Razack (Chairman & MD), Rezwan Razack (Joint MD), and Noaman Razack (Director). Together, the Prestige Group owner’s family oversees strategy, new launches, and brand growth across India.

Prestige Group Scale of Operations:

Prestige Group reviews are strong as they are an ISO 9001:2000 certified developer, and many buyers prefer to invest in their properties for long-term stability. In recent years, the group has scaled aggressively across residential, commercial, retail, and hospitality assets. In 9M FY26 (Apr–Dec 2025), Prestige reported record sales of around ₹22,327 Crores with Q3 FY26 sales of about ₹4,184 Crores and collections of ₹4,547 Crores, marking the highest-ever 9-month performance in the company’s history and giving strong financial backing for all ongoing and upcoming projects.

Prestige Group Upcoming Projects 2026

In 2026, 65 new projects are planned to be launched by Prestige over an area of 73 million sq. ft. It includes:

• 32 residential projects over 44 million sq. ft.
• 11 commercial projects over 14 million sq. ft.
• 10 retail projects over 10 million sq. ft.

Their upcoming project, Prestige Golden Grove in Hyderabad, is a notable landmark gated community that spans over 31 acres. It features around 4,500 ultra-luxury flats with world-class amenities. Planned as 10 high-rise towers going up to 52 floors with 5,000 units, it is among the top Prestige projects in Hyderabad. It is positioned as a high-ROI investment option in the Tellapur–Financial District belt.

Prestige Group Ongoing Projects 2026

There are 65 projects currently ongoing in 2026 over an area of 126 million sq. ft.

• 45 residential projects over 96 million sq. ft.
• 13 commercial projects over 24 million sq. ft.
• 3 retail projects over 2 million sq. ft.

These ongoing launches show the current operational scale of Prestige Group across major Indian metros.

Prestige Group Completed Projects

Prestige Group has completed 310 projects till now, covering over 202 million sq. ft.

• 160 completed residential projects over 139 million sq. ft.
• 125 completed commercial projects over 49 million sq. ft.
• 13 completed retail projects over 10 million sq. ft.

This track record of completed stock is a key trust factor for buyers evaluating new launches under the Prestige brand.

Latest Things and news to know about Prestige group as of 2026 january are :

Financial Highlights (Jan 2026):

• Record Sales: In the first 9 months of this financial year (Apr-Dec 2025), Prestige sold ₹22,327 Crore worth of homes. This is their highest sales figure in history.
• Q3 Performance: Just between October and December 2025, they clocked sales of ₹4,183 Crore.
• Cash in Hand: They collected ₹4,547 Crore in cash during Q3 alone. This is a big trust signal that they have the money to finish projects on time.

New Land & Expansions

• Chennai Entry (Jan 2026): They just bought 16.38 acres of land in Padi, Chennai, for ₹561 Crore to build a new township.
• Hyderabad Growth: They acquired 11 acres in Hitech City to build a new mix of apartments and offices.
• Full Control: They bought the remaining 35% share of "Forum Falcon City," so they now own 100% of it.

Other Updates

• Hotel Rebrand: The famous Oakwood Premier hotel in Bangalore was renovated and reopened as Marriott Executive Apartments (190 rooms).
• Mumbai Leasing: Their office building in BKC, Mumbai (Prestige 101) is seeing high demand with over 1 million sq. ft. already leased out.
• Airport Deal: They signed a deal to build a massive convention centre and luxury hotel at Bangalore Airport City.

Prestige Group Geographical Sales Breakdown

The sales breakdown of Prestige Group across various cities in India is as follows:

Prestige Group’s net worth is estimated at around ₹1.2 lakh crores, and they are among the leading real estate players in India. The listed company Prestige Estates Projects Ltd has seen its share price trade in the ₹1,500–₹1,600 band in early January 2026 (around ₹1,605 on 1 January 2026), reflecting strong investor confidence and making Prestige projects attractive for end-users and investors.

Prestige Group Logo

Prestige Group’s logo is a phoenix bird, symbolising strength, resilience, and trust. Their tagline, “Adds Prestige to your life”, appears below the logo and reinforces their brand promise in every project.

Prestige Group of Companies & Subsidiaries

Prestige Group has grown into multiple verticals over time. Some of the key Prestige Group of companies and subsidiaries are:

• Prestige – The Man Store
• Prestige Projects Pvt Ltd
• Prestige Golfshire Club
• Twenty-four hotels at Prestige Tech Park and other hospitality assets
• Falcon Property Management Services
• Spring – Planet Resourcing

Prestige Group products today span residential apartments and villas, commercial office parks, shopping malls, hotels, serviced apartments, and golf/club assets such as Prestige Golfshire. This multi-asset portfolio gives stability to the brand and supports long-term maintenance and upgrades across projects.

Prestige Group is a preferred real estate builder, and anyone can explore Prestige Group careers for freshers and experienced professionals through their official careers page and job portals. They hire for roles in sales, site engineering, architecture, design, finance, customer relations, and corporate functions, ensuring that every project is built and managed by skilled teams.

Investing with Prestige Group is a strong option for buyers seeking durable homes with high resale value and rental demand in prime locations.

Prestige Group is the only real estate developer in India to hold a CRISIL DA1+ rating and has a credit rating of ICRA A+, indicating strong financial stability and high-quality project delivery. Most Prestige projects are located in prime urban micro-markets with established social infrastructure and strong demand, which supports better price appreciation and resale potential.

For long-term investors and end-users, investing with Prestige Group combines three key benefits:

• A trusted brand with a 39-year track record
• Strong financials and execution capability
• Projects in high-growth, high-connectivity locations

Frequently Asked Questions

1. What is the rank of Prestige Group in the Indian real estate market?

Prestige Group is consistently ranked among the top 5 real estate companies in India, based on sales, completed area, and brand recall.

2. Is Prestige a good builder?

Yes. Prestige is considered a reliable and reputed builder, with 10,000+ happy customers across India and over 200 million sq. ft. of completed developments.

3. Is it a good option to invest with Prestige Group?

Yes. Prestige projects are known for quality construction, branded materials, and prime locations, making them a solid choice for both end-use and investment with good long-term resale and rental potential.

4. Who is the owner of Prestige Group, and what about the owner's family?

Prestige Group was founded by Razack Sattar, and the business is now managed by his sons – Irfan Razack (Chairman & MD and CEO), Rezwan Razack (Joint MD), and Noaman Razack (Director). The Prestige Group owner family remains actively involved in day-to-day strategic decisions.

5. What is the Prestige Group Bangalore office address/head office address?

The Prestige Group Bangalore office address and head office address are:

Falcon House, No. 1, Main Guard Cross Road, Bengaluru – 560001, Karnataka, India.

6. What are Prestige Group careers for freshers like?

Prestige Group offers careers for freshers in sales, site engineering, back-office support, and management trainee roles. Openings are published on the official Prestige Group careers page and major job portals, and they also participate in campus recruitment drives.

7. What are the main Prestige Group products?

Prestige Group products include residential apartments and villas, office parks, IT SEZs, shopping malls, hotels, serviced residences, and club/golf properties. These diversified products make up the broader Prestige Group of companies in real estate and allied services.