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. (Many people also search Prestige Group details for Prestige Group Wikipedia to know basic details. This page is updated for April 2026.)
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.
(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 April 2026, the Prestige Group's net worth (market cap) is around ₹591.73 billion (late-April range: about ₹561.89B to ₹605B). The Prestige Group share price is around ₹1,404.30 on NSE: PRESTIGE (April 22, 2026).
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 (like ET Business and IHC London & IIHM). Prestige also has an ICRA A+ (Stable) rating. These are trust signals, so many analysts and buyers feel confident about long-term delivery.
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.
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. April 2026 update: In FY26, total sales were ₹30,024.5 Crore (up 76% YoY). Collections were ₹18,515 Crore (up 53% YoY). The group sold 22.28 million sq. ft. and 11,692 homes. The average selling price was ₹14,470 per sq. ft. In Q4 FY26 alone, sales were ₹7,697 Crore.
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. (Fresh update: Prestige Golden Grove is 28.7 acres with 10 towers and 5,120 homes, and it is one of the biggest launches in West Hyderabad.)
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. (April 2026 scale update: 128 active projects are under development, covering around 195 million sq. ft.)
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 as of 2026 january are :
Financial Highlights (April 2026):
April 2026 update: FY26 ended with ₹30,024.5 Crore sales and ₹18,515 Crore collections.
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. 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 (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. (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:
| Cities | Q2 FY26 | H1 FY26 |
| NCR | ₹ 11,656 mn | ₹ 83,282 mn |
| Prestige Group Bangalore | ₹ 23,488 mn | ₹ 48,302 mn |
| Mumbai | ₹ 13,331 mn | ₹ 28,202 mn |
| Hyderabad | ₹ 6,555 mn | ₹ 13,114 mn |
| Prestige Group Chennai | ₹ 4,215 mn | ₹ 7,297 mn |
| Others | ₹ 928 mn | ₹ 1,240 mn |
As of April 2026, the market cap is around ₹591.73 billion (₹59,173 Crore). The share price is around ₹1,404.30 on NSE: PRESTIGE (April 22, 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. CRISIL DA1+ was reaffirmed in March 2026. This is a strong trust signal for buyers.
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
Frequently Asked Questions:
Prestige Group is often counted among the Top 3 real estate developers in India by size and delivery. CRISIL DA1+ is also a strong trust marker.
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. FY26 numbers also show strong business strength, which helps buyers feel safer about delivery.
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.
Prestige Group is owned and led by the Razack family, with Irfan Razack as the main leadership face.
The Prestige Group Bangalore office address and head office address are: Prestige Falcon Towers, No. 19 Brunton Road, Bangalore – 560 025.
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.
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.
Prestige is often seen as a top builder for scale and delivery. It also has a CRISIL DA1+ grading. Brigade and Sobha are also strong, especially in premium segments, but Prestige leads in large township work and total delivery volume.
For FY26, Irfan Razack's pay is estimated between ₹8.6 Crore and ₹24 Crore. This depends on performance-linked pay and bonuses.
For real estate, Prestige Group is the definitive leader with a CRISIL DA1+ rating. For kitchenware, Prestige (TTK) is a premium brand known for durability, while Pigeon is a budget-friendly brand focused on value-for-money.
Prestige Golden Grove Blog
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