Prestige Group: Legacy, Top Projects, and 2026 Market Standing

Prestige Group is one of India’s most famous real estate developers, founded by Razack Sattar in 1986 and headquartered in Bengaluru. With over 40 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 Prestige Falcon Towers, No. 19 Brunton Road, Bangalore – 560 025, Karnataka, India. This page is updated for June 2026 with the latest Prestige Group scale, FY26 sales performance, CRISIL rating update, leadership details, and Prestige Golden Grove launch data.

As of June 2026, Prestige Group has completed 313+ projects and delivered over 206 million sq. ft. across India. Its completed portfolio includes 160 residential projects covering 139 million sq. ft., 125 commercial projects covering 49 million sq. ft., and 13 retail projects covering 10 million sq. ft. The group now works across 13 cities and remains one of India’s strongest listed real estate brands.

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.x

Update: Venkat K Narayana is not the CEO now. The Chairman & MD and the promoter-led board mainly lead the company.

The Legacy of Prestige Group: Leadership and Market Standing

The Prestige Group owner family is led by Irfan Razack (Chairman & MD). The company is also guided by Rezwan Razack (Joint MD) and Noaman Razack (Whole-time Director). Prestige started in Prestige Group Bangalore, and today it works across Mumbai, Delhi- NCR, Hyderabad, Chennai, and other big cities.

As of June 2026, Prestige Estates Projects Ltd continues to trade on NSE under the symbol PRESTIGE. The share price and market cap change daily, so buyers and investors should check the live NSE/BSE value before using it for investment decisions. The company’s listed-market scale, FY26 sales growth, and strong launch pipeline continue to support buyer trust in the Prestige brand.

Many buyers compare Prestige with Puravankara Limited, Brigade Group, and the Sattva Group. But Prestige stays ahead in size, delivery, and brand trust. That is why Prestige Group reviews are strong. It is also why Prestige Group careers get a lot of searches in 2026.

Irfan Razack has received lifetime achievement awards, including ET Business and IHC London & IIHM honours. Prestige also has an ICRA A+ (Stable) rating. These are trust signals, so many analysts and buyers feel confident about long-term delivery.

Prestige Estates Projects Ltd also holds a CRISIL DA1+ developer grading, reaffirmed in March 2026. This is one of the strongest trust markers for buyers because it reflects the developer’s financial strength, execution record, brand standing, and project delivery ability.

June 2026 Fresh Update: Prestige Group Market Standing:

Prestige Group had a strong FY26 performance. As per the board-approved results announced on 21 May 2026, the group recorded ₹30,024.5 Crore in sales, showing 76% year-on-year growth. Collections stood at ₹18,514.6 Crore, which was the group’s highest- ever collection figure.

Prestige also sold 22.28 million sq. ft. across 11,692 units in FY26. In Q4 FY26 alone, the group reached ₹7,697.3 Crore in pre-sales. The average selling price was ₹14,470 per sq. ft. for apartments and villas. These numbers show strong buyer demand and make the Prestige Group brand stronger in 2026.

April 2026 Spotlight: Prestige Golden Grove Hyderabad

Prestige Golden Grove in Tellapur, Hyderabad, saw very strong demand in 2026. In about 2 weeks after launch, it crossed ₹2,500 Crore in sales and 1,700+ bookings. This 28.7-acre township has 10 towers and 52 floors, and it is getting strong attention from Hyderabad buyers and investors.

Fresh update: Prestige Golden Grove was officially launched on 09 April 2026 and is TS RERA approved with RERA No. P01100010708. The project is planned as a 28.7-acre high- rise apartment township in Velimela, near Kollur and Tellapur, West Hyderabad. It has 10 towers with 2B + 3P + 52 floors and around 5,120 apartments in 2, 3 and 4 BHK formats. This makes it one of Prestige Group’s key West Hyderabad launches in the ORR Exit 2 corridor.

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. FY26 update: Prestige Group closed FY 2025–26 with ₹30,024.5 Crore in sales and ₹18,514.6 Crore in collections. The group sold 22.28 million sq. ft. across 11,692 homes, with Q4 FY26 sales of ₹7,697.3 Crore. This strong financial update gives fresh value to this page after the recent Google ranking movement.

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 28.7 acres. Prestige Golden Grove is now confirmed as a 28.7- acre high-rise apartment township with 10 towers and 5,120 homes. Planned as 10 high-rise towers going up to 52 floors, it is among the top Prestige projects in Hyderabad. It is positioned as a strong long-term investment option in the Tellapur–Financial District belt. Fresh update: Prestige Golden Grove was launched on 09 April 2026 and is TS RERA approved with RERA No. P01100010708.

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. June 2026 scale update: Prestige Group has 128 active projects under development, covering around 195 million sq. ft. across its residential, commercial, retail, and mixed-use portfolio.

Prestige Group Completed Projects

Prestige Group has completed 313+ projects to date, covering over 206 million sq. ft. This track record of completed stock is a key trust factor for buyers evaluating new launches. Furthermore, every new development is fully RERA-compliant, ensuring that project timelines, built-up areas, and financial disclosures meet the strict standards of the Real Estate Regulatory Authority.

• 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 in 2026

Financial Highlights

• FY26 ended with ₹30,024.5 Crore sales and ₹18,514.6 Crore collections. Prestige Group also recorded 22.28 million sq. ft. of sales volume across 11,692 units. This was one of the strongest business years for the company.
• 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.
• Q4 FY26 update: Prestige Group recorded ₹7,697.3 Crore in pre-sales in the final quarter of FY26. This helped the group close the year with ₹30,024.5 Crore in total sales.

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. They also added another 25 acres in Medavakkam for future projects.
• 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 with 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. Fresh update: a global bank leased about 2 lakh sq. ft. at Prestige 101 in BKC.
• 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: As of June 2026, Prestige Group’s market value and share price should be checked live on NSE or BSE, as these figures change daily. The company’s FY26 sales of ₹30,024.5 Crore, strong collections, large project pipeline, and CRISIL DA1+ grading continue to support investor confidence.

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. CRISIL DA1+ was reaffirmed in March 2026, making it a fresh trust signal for buyers in 2026.

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

• A trusted brand with a 40-year track record
• Strong financials and execution capability
• Projects in high-growth, high-connectivity locations